Exam#2 Study Guide

Exam#2 Study Guide - Principles of Transportation Study...

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Principles of Transportation Study Guide for Exam II Spring 2011 The second exam in this class will be given on November 11 th . The exam will cover chapters 5-9. There will be approximately 60 multiple choice questions. Emphasis will be on class discussion topics. Below are some possible study topics. This list is not meant to be all inclusive, but should provide a very good indication of where the test questions will come from. Chapter 5 – Motor Carriers Be familiar with the industry structure of motor carriers, number and size distribution of firms and how they behave in the marketplace, in particular how they react to each other in a competitive environment. Know the unique service characteristics of this mode. What was the major change affecting this mode during the period 1950-1980? What percentage of communities in the U.S. depend solely on trucking? What is the average length of haul for motor carriers? What happened regarding entry in the trucking industry following deregulation? How do you explain this? The largest number of motor carriers is located in what part of the U.S.? To what extent are motor carriers subject to intermodal and intermodal competition? Is the motor carrier industry more or less contestable than other modes of transportation? What factors contribute to this situation? List the indicators that the motor carrier industry is more customer focused today than prior to deregulation? What is the average operating ratio for trucking firms? What are the implications of this? Considering wages and fringes what percent of total costs are labor related costs for trucking?
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What is the maximum number of hours that a driver may operate a truck following 10 hours of rest? To what extent is the industry subject to economies of scale? Be familiar with the equipment options and advantages of motor transportation. Understand how terminal operations work. What is a peddle run? What is the purpose of a relay terminal? What factors influence the number of terminals a motor carrier has? How does a carrier decide where to locate terminals? Discuss the cost structure of this mode especially the fixed cost vs. variable cost relationship. What are the major labor issues facing motor carriers today? What role do owner operators play in this sector? What are their major concerns today? Discuss the extent to which this mode is subject to economies of scale, scope, density, and distance. How is the infrastructure funded? What are the key issues facing this mode? What was the most important issue identified in the ATA 2010 Survey of Trucking Executives. Chapter 6 – Railroads
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This note was uploaded on 02/01/2012 for the course BMGT 350 taught by Professor Boyd during the Fall '08 term at Maryland.

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Exam#2 Study Guide - Principles of Transportation Study...

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