Quiz-1-5

The acronym CREEEPSS helps understand the different places we can trade with and use to our advantage. What does it stand for? 1) Culture, religion, education, economy, politics, social characteristics and sociological characteristics 2) Customs, rights, education, economy, politics and social, and special other characteristics 3) Culture, religion, education, ergonomy, environment, politics, social, and special characters 4) Culture, religion, education, economy, environment, politics, social, and special other characteristics What are the main concerns of freight forwarders? 1) With the safe, efficient, and timely movement of goods, preparation of transport documents and transfer of the required data 2) With the safe, efficient, and timely movement of goods and preparation of transport documents 3) With the safe and efficient movement of goods and preparation of transport documents 4) With the safe, efficient, and timely movement of goods A Canadian Freight Forwarder is a member of: 1) FIATA and FIFA 2) FIATA 3) CIFFA 4) CIFFA and FIATA Refer to the Standards Trading Conditions in the Appendix of the CIFFA Textbook. If the freight forwarder experiences difficulty receiving payment on a collect shipment, who is ultimately responsible for payment? Customer (paragraph 10) Seller (paragraph 10) Buyer (paragraph 10) Freight forwarder (paragraph 10) A Transportation Broker or Load Broker: 1) Finds carriers for shippers 2) Sells shares in Transportation companies 3) Finds shippers for carriers 4) Finds shippers for carriers and carriers for shippers

Which of the following lists best describes the types of intermediaries (or indirect participants) involved in international trade? 1) Exporters, importers, freight forwarders, insurers, banks, customs brokers and carriers 2) banks, customs brokers, freight forwarders, and insurers 3) freight forwarders, carriers, customs brokers and governments 4) Importers, Exporters & carriers At a minimum, Canadian freight forwarders should have membership in which 2 organizations? 1) CIFFA and SCMA 2) CIFFA and FIATA 3) FIATA and IATA 4) CIFFA Refer to the Standards Trading Conditions in the Appendix of the CIFFA Textbook. Which two paragraphs address the customer's responsibilities? Paragraphs 7 and 8 Paragraphs 15 and 17 Paragraphs 9 and 11 Paragraphs 13 and 14 Which of the following countries share similar CREEEPSS? U.S.A> and Canada Great Britain and Brazil Canada and China India and North Korea Which considerations need our attention as freight forwarders when developing a reliable logistics network? 1) Establishment solid representation at the destination 2) Establishment of solid representation at the origin 3) Excellent understanding of CRREEEPSS risk factors between the origin and the destination 4) All of the above are essential to minimize the risks when developing international trade operations

A cargo is shipped from London, UK to Helsinki, Finland by sea. Which canal the ship is most likely to use? 1) Welland 2) Panama 3) Kiel 4) Suez Which of the following best lists the major gateway ports connecting rail with marine transport in Canada? 1) Toronto, Halifax and Quebec 2) Vancouver, Toronto and Halifax 3) Montreal, Toronto and Halifax 4) Vancouver, Halifax and Prince Rupert Which of the following is most likely part of an intermodal marine routing from Canada to Central Europe? 1) Amazon River 2) St. Lawrence River 3) Mississippi River 4) Rhine/Main/Danube Name three major gateway airports in North America: 1) Los Angeles, Edmonton, and New York 2) Detroit, Memphis and Hamilton 3) Miami, Houston and Chicago 4) Toronto, Halifax and Montreal A container has been shipped from Japan to Toronto. Which listed route is it more likely to take? 1) Pacific Ocean, Indian Ocean, Montreal, Toronto 2) Pacific Ocean, Panama Canal, Atlantic Ocean, Montreal, Toronto 3) Pacific Ocean, Vancouver Port, CN Rail, Toronto 4) Atlantic Ocean, Panama Canal, Pacific Ocean, Montreal, Toronto

You have a shipment of 10 crates of cargo that have dimensions of 48” by 40” by 64" high. What is the transportation cost of the shipment if the freight rate is $15 per cubic metre? $30 $45 $152 $302 None of the above If you are driving at a speed of 60 miles/hour, approximately how long does it take for you to drive 500 km? (Given that 1 mile = 1.6 km) 2 hours 3 hours 4 hours 5 hours 6 hours A standard TEU can hold 20 Tonnes or 20,000 kg of cargo. If your cargo weighs 200,000 lbs, how many containers are needed? 4 5 6 7 8 How many cubic centimetres are there in 4.8 CBM (m 3 ) 4,800 48,000 480,000 4,800,000 What is the time in Vancouver (GMT - 8) if it is 22:30 on Tuesday in Halifax (GMT - 4)? 17:30 20:30 18:30 19:30

A twenty-foot container (1 TEU) is 6.0 metres long. How many skids (or pallets) can fit in a container if they are 42” square, they fit 2 wide and can be double stacked? 10 20 30 40 What time can I tell to my associate in Perth Australia (GMT +8) pick up a parcel at the airport if I ship it from Toronto (GMT -5) at 10AM Wednesday and the flight takes 23h to get there? 1) 12 AM Wednesday 2) 10 PM Wednesday 3) 12 AM Thursday 4) 10 PM Thursday The time in London, England is 5 hours earlier than Toronto 5 hours later than Toronto The same as Toronto none of the above What time does the shipment arrive in Houston (GMT - 6), if it departs Montreal (GMT - 5) at 08:00 Wednesday? Atlantis Transportation has a truck leaving Montreal for Toronto that takes 8 hours. There is a 2 hour layover in Toronto. Air Canada has a 3 hour 30 minute flight to Houston. 21:15 on Wednesday 20:30 on Wednesday 21:15 on Tuesday 20:30 on Tuesday Which canal routes cargo around Niagara Falls? The Welland Canal The Kiel Canal The Rideau Canal The Panama Canal Which of the following cities below is not serviced by a major marine port 1) Miami 2) Shanghai 3) Chicago 4) Vancouver

A freight forwarder is in Los Angeles USA (GMT-8) and is looking to speak to a customer in Sydney Australia (GMT+10). What time is in Sydney when it is 8 AM in Los Angeles Monday? 1) 8 PM Monday 2) 2 AM Monday 3) 2 AM Tuesday 4) 10 AM Monday What time is it in Vancouver(GMT-8) if it is 2130 Wednesday in Toronto (GMT- 5)? 6:30 PM Wednesday 1830 Tuesday 0030 Wednesday 0030 Tuesday None of the above (1830 Wednesday) Each time zone covers a span of ___________ longitude: 5 degrees 10 degrees 15 degrees 20 degrees None of these, time zones relate to degrees latitude. You have a ship with a cargo of 75 imperial (short) tons of wheat. How many metric tonnes is that amount? 64 68 72 76 none of these is correct Approximately how many cubic feet are there in a cargo that has a volume of 1,000,000 litres? 30,000 35,000 40,000 45,000 None of these

acquisitions allowing abandonment of redundant tracks and economies of scale th improved tracking technologies and higher payloads The level of Intramodal transport in the rail industry is very low and is best defined as: 1) two or more shippers 2) transportation within multiple carriers 3) transportation within the rail mode 4) two or more modes of transportation Intermodal Rail cars feature several innovations that support the movement of container cargo that include all but: TOFC mobile gantry cranes and other material handling equipment to quickly transfer cargo to other m unit-trains that efficiently move cargo from China through west coast to market in the east wells that lower the centre of gravity and allow double stacking Given the following truck freight rate tariff (in lbs/cwt from Toronto), what is the freight charge for a shipment weighing 8500 lb going to London? Location Min LTL +500 +1000 +2000 +5000 +10,000 Cambridge 50.00 20.00 16.00 14.00 12.60 11.09 7.76 Kitchener 55.00 22.00 17.60 15.40 13.86 12.20 8.54 Fort Erie 85.00 34.00 27.20 23.80 21.42 18.85 13.19 London 75.00 28.00 22.40 19.60 17.64 15.52 10.87 Chatham 90.00 38.00 30.40 26.60 23.94 21.07 14.75 Windsor 100.00 40.00 32.00 28.00 25.20 22.18 15.52 Sarnia 125.00 50.00 40.00 35.00 31.50 27.72 19.40 1002.00 $923.95 $1087.00 $1319.20

Given the following truck freight rate tariff (in lbs/cwt from Toronto), what is the freight charge for a shipment weighing 900 lb going to Cambridge? Location Min LTL +500 +1000 +2000 +5000 +10,000 Cambridge 50.00 20.00 16.00 14.00 12.60 11.09 7.76 Kitchener 55.00 22.00 17.60 15.40 13.86 12.20 8.54 Fort Erie 85.00 34.00 27.20 23.80 21.42 18.85 13.19 London 75.00 28.00 22.40 19.60 17.64 15.52 10.87 Chatham 90.00 38.00 30.40 26.60 23.94 21.07 14.75 Windsor 100.00 40.00 32.00 28.00 25.20 22.18 15.52 Sarnia 125.00 50.00 40.00 35.00 31.50 27.72 19.40 $126.00 $122.50 $140.00 $144.00 The characteristics of ________ mode makes it best for supporting local, JIT activities 1) road 2) rail 3) air 4) marine The factor used to determine whether a carrier will charge by weight or dimensional weight in trucking is 10 kg per cubic foot True False

3) the portion which includes cartage 4) none of the above A truck with 5 axles that is carrying 87,000 pounds of cargo is permitted to drive from Vancouver to Toronto without special permits. True False A trucking company is delivering 10 cases worth $40.00 in total and weighing 5 pounds each. The shipper does not declare a value for the shipment and 1 case is damaged while being delivered. The trucking company is liable for a value of : 1) $40.00 2) $400.00 3) $100.00 4) $10.00 Given a cargo of 100 cartons of glasses with a total weight of 200 lb, has volume of 200 ft3, and a freight rate of CAD$10.00/100 lb., the freight rate is $200. True False Given the following truck freight rate tariff (in lbs/cwt from Toronto), what is the freight charge for a shipment weighing 1900 lb going to Chatham? Location Min LTL +500 +1000 +2000 +5000 +10,000 Cambridge 50.00 20.00 16.00 14.00 12.60 11.09 7.76 Kitchener 55.00 22.00 17.60 15.40 13.86 12.20 8.54 Fort Erie 85.00 34.00 27.20 23.80 21.42 18.85 13.19 London 75.00 28.00 22.40 19.60 17.64 15.52 10.87 Chatham 90.00 38.00 30.40 26.60 23.94 21.07 14.75 Windsor 100.00 40.00 32.00 28.00 25.20 22.18 15.52 Sarnia 125.00 50.00 40.00 35.00 31.50 27.72 19.40 $532.00 $454.86 $505.40 $478.80

Unless otherwise stated, what is the maximum liability of a Canadian trucking company in the case of loss or damage? $500 100 times one months rent $4.41/kg. none of the above You are given the following information about a wooden crate that is being shipped to by truck to the city of New York. Rate = $6.00/pounds w/m, Weight = 200 pounds; Dimensions: Length = 30 inches, Width = 40 inches, Height = 36 inches How much will the shipper be charged? 1) $1500.00 2) 150.00 3) $200.00 4) $1200.00 A trucker's Bill of Lading is 1) evidence of title to the goods 2) a contract of carriage 3) a receipt for delivery issued by the shipper and given to the carrier 4) evidence of a contract of carriage A highway carrier has given me a price for delivery of goods. I am only using 1/4 of the space available to me but I am being charge for all of the space in the trailer. I am being charged: 1) FTL or TL rates 2) FCL or CL rates 3) LTL rates 4) LCL rates A trucking company's liability for loss or damage is limited to $__________ per pound unless a higher value is declared by the shipper on BoL and additional coverage is requested. 1) $2.00 2) $4.00 3) $3.00

3) Incoterms deal with the rights and obligations of parties to the contract of sale 4) Incoterms deal with transfer of property rights in the goods Why, according to the Incoterm CFR, is the main carrier paid for by the seller but it is actually paid by the buyer? 1) This is incorrect, main carriage is not paid for by the buyer 2) Because the cost of freight is most certainly included in the seller's invoice 3) Because the freight is paid when the buyer receive the goods at destination 4) Because the buyer should reimburse the freight to the seller The seller pays for import duties and taxes under which of the following terms of trade? 1) All of these terms 2) DDP 3) FAS 4) Ex works A shipment going from Toronto to Beijing has the following parts to the delivery. How much will the buyer pay under FOB or FAS terms? local $70 inland $2000 main carriage $4000 inland $900 local $60 1) $7030 2) $2070 3) $4960 4) $6070 When negotiating the international sales contract it is not essential to include: the name of the banks the payment terms the Incoterms the price and quantity Who has the greatest liability under F terms? 1) carrier 2) buyer

3) intermediaries 4) seller A buyer in Hong Kong is purchasing from a seller in Toronto. It is to be trucked to the Port of Montreal and the contract states the INCOTERM FOB. The place of transfer of ownership takes place at 1) unknown 2) the Port of Montreal 3) the Port of Hong Kong 4) at Toronto A buyer in Hong Kong is purchasing from a seller in Toronto. Firstly, the cargo is being trucked to the Port of Montreal and the contract states the INCOTERM FOB. The transfer of ownership takes place 1) In Toronto 2) In Beijing 3) At the Port of Montreal 4) there is not enough information given to answer 5) At the Port of Hong Kong Which of the following is a FALSE statement regarding Incoterms? 1) Applies to trade of intangibles 2) Do not apply automatically to contracts of sale 3) Do not address price or ownership 4) Are not international law Extreme Exporters, located in Markham, Ontario sell products to Monseigneur Imports in Miragoane, Haiti. The shipment is one 40' ocean container with 20 wooden pallets. The terms of delivery negotiated were CPT, Port-au-Prince, Haiti Incoterms 2010. The buyer has an open account with Extreme Exporters with 60 days to pay. Who selects the freight forwarder and pays the ocean freight charges? 1) Extreme Exporters 2) Miragoane 3) Monseigneur Imports 4) The Carrier As a buyer, I have negotiated a CIF contract and the ship sinks. I am still required to pay the seller for the cargo. True

Extreme Exporters from Markham, Ontario sells products to Monseigneur Imports in Miragoane, Haiti. The shipment is one 40' ocean container with 20 wooden pallets. The terms of delivery negotiated are CPT, Port-au-Prince, Haiti Incoterms 2010. The buyer has an open account with Extreme Exporter with 60 days to pay. Customs clearance at the arrival port was delayed incurring in the demurrage cost of USD $500. Who is responsible to pay? 1) Extreme Exporters 2) Monseigneur Imports Under CIF contracts, insurance coverage is not needed by the buyer when the seller purchases marine insurance and is responsible for loss. True False Which one is the best answer? The freight forwarder enters into a contract for carriage with the: Buyer Shipper Exporter Seller The type of railcar that is used to ship Canadian wheat to market is the: Gondola Car Boxcar Centre-beam car Hopper Car For load planning and quoting purposes, the carrier would be most interested in which one of the following weights? all of the above the tare weight of your cargo the net weight of your cargo the gross weight of your cargo If an acre of land is equal to by 660 ft and is the imperial unit of measure for land that measure one chain (66 ft) by 10 chains. If you own a piece of land that is 300 ft by 300 ft, approximately how many acres do you own? 1 2 3 4

Unlike the trucking industry which has variable is often over 90% of total costs, rail carriers have very high fixed costs. Which of the following is least likely to be included in railway's fixed cost accounting? 1) terminals 2) labour 3) track 4) equipment Which is the least important factor when choosing transportation routing for your cargo? 1) consolidation 2) cost 3) safety and security 4) reliability Which is not part of a railway's fixed costs 1) labour 2) track 3) terminals 4) equipment I have a client that wants to send 250 MT (Metric Ton: 1,000kilograms) of coal from Edmonton to Chicago, which mode of transportation is most appropriate? 1) Rail 2) Airplane 3) Automobile 4) Truck A fuel Surcharge is: 1) The cost of fuel incorporated in the shipper's price 2) The cost of fuel incorporated in the carrier's price 3) A reduction in the price of fuel 4) An additional charge by the carrier to account for a rise in fuel prices You have 24 boxes that have the following dimensions: 24" x 12" x 18". How many cubic metres is the total volume of your shipment? 1 (one) 2 (two)