Exam 1 Flashcards

(46 cards)

1
Q

OTR

A

“over the road” movement of goods using trucks or tractor trailer rigs.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

inland point intermodal (IPI)

A

inbound freight moves from a port to a shipper’s door within the interior of the country via a domestic or international intermodal container.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Gate Cut Time

A

if you want your container to be on the outbound train, the driver needs to check-in at the intermodal facility’s gate before the cut off time

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Beneficial Cargo Owner (BCO)

A

the party that ultimately owns the product being shipped.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Twenty Foot Equivalent Units (TEU)

A

a standard intermodal freight container for transporting goods and materials by sea, land and air

easily fits onto vessels, trucks, and carriers

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Steamship Line

A

a line responsible for the operation of a fleet of steamships.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Stevedore

A

the act of loading or offloading cargo to and/or from a ship.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Chassis

A

a special trailer or undercarriage used to transport ocean containers over the road

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

wharfage

A

the fee charged by ocean carriers to cover the port authority’s cost of using a wharf to unload cargo from a vessel.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Intermodal

A

involving two or more different modes of transportation in conveying goods.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Demand factors of the 2021 supply chain crisis

A

Goods vs services, stimulus inflation, forward buying

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Supply factors of the 2021 supply chain crises

A

shortages of:
1. components
2. manufacturing labor
3. Equipment
4. truck drivers
5. rail capacity
6. Warehouses

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Both factors of the SC crises lead to

A

less responsive ad inefficient supply chains

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Types of Cargo/ships

A

Roro
GA Ports
Golden Ray
Bulk
Breakbulk
Gearless/ Geared
Containers
Container Vessel (Boxship)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Roro (roll on, roll off)

A

Vessels that are used to carry wheeled cargo

Vehicles are loaded and unloaded by means of built in ramps

Ocean transport vessels are Pure car carriers (PCC) and Pure Truck & Car characters (PCTC)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

GA Ports

A

Colonel Island Terminal in Brunswick

Dedicated Ro/Ro facility

3 berths- key distribution point for Kia and Hyundai

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Golden Ray

A

Sept 8, 2019 capsized in St. Simons Sound

Last giant piece of wreck removed Oct 2021.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

Bulk

A

dry cargoes such as Iron Ore, Grain, Coal, Alumina and Phosphate are carried in loose form; loads directly into ship holds

ship types: bulk carriers, ore carriers(Bulkers)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

Breakbulk

A

cargoes are carried in utilized form such as palletized, bagged, etc

ship types: Breakbulk, multipurpose, or general cargo vessels.

20
Q

_______ does not have own loading equipment while ____ does has its own

A

gearless, geared

21
Q

Containers

A

Process of sending cargo in special containers (containerization)

Iso international sizes- 20’,40’ and 45’

22
Q

Container Vessel (Boxship)

A

structured specifically to hold huge quantities of cargo compacted in different types of containers

23
Q

feedership

A

size of approx. 1500 TEU
short routes among coasts

24
Q

Mothership

A

sizes of 4000-20,000+ TEU
On international trade routes.

25
Types of Ocean shipping services
Liner Service Blank Sailing Tramp Services
26
Liner Service
operates on a schedule with a fixed port rotation fixed frequently with published dates of calls at advised ports
27
Blank Sailing (Void Sailing)
Line service cancels a call or skips a port or entire leg on a scheduled route. force majure (uncontrollable circumstances) lack of cargo, delays, etc
28
Tramp Services
Ships that follow no fixed schedule or route compared with liner services, they are usually much slower, unstable and unorganized
29
Crucial global infrastructure for ocean freight transportation
panama canal and suez canal
30
How Covid 19 disruptions shifted supply chain strategies contributing to 2021 supply chain crisis
global supply chains and shipments slowed, causing worldwide shortages and affecting consumer patterns.
31
Top container seaports in the U.S. by size and location
LA 2) LB 3) NY/NJ 4) Savannah
32
Factors that influence order quantity decisions
Variation in demand and reliability what we expect to happen (mean) The higher the service level, the higher the safety stock required
33
Critical factors contributing to globalized SCs over the past 30 years
Containerized cargo, wage difference, and capacity concentration
34
5 corner strategy of shippers and implications for locations of DCs
The distribution of shippers to five key areas across the U.S. including (NWSA, LA-LB, Huston, Savannah-Charleston, Norfolk and NY/NJ)
35
Types of haulage in drayage sector
Merchant haulage and Carrier haulage
36
Scale and factors affecting the expected shortage of drivers during 2022-2028
Poor wages, poor benefits, lack of respect, retirement, etc
37
% change given cargo volumes over time
New-old/old
38
Sailing days saved using shorter vs longer ocean routes
The hours saved = hours to complete the long route minus the hours to complete the route. (time savings for hours to days = hours/24)
39
TEU volumes unloaded/loaded given # of containers
a vessel unloads 150 containers of 40' size and 50 containers of 20" size, how many TEU were unloaded? Ans: (150 x 2 = 300) + (50 x 1 = 50) = 350
40
Number of trips/loads a drayman can make given various time factors per load
given 11 hours of driving during work days
41
Transloading
2x20' = 1x40' and 3x40' = 2x53'
42
operating ratio
expenses/revenue
43
strategies companies can implement to be less reliant on globalized supply chains
Regionalization Nearshoring Reshoring
44
Regionalization
sets up factories in multiple parts in the world so that operations in each region are able to supply products to the closest markets; minimizes risk
45
Nearshoring
the practice of pulling production that have been moved far away back to a country where the products are closer distributed and sold.
46
Reshoring
a company that previously moved manufacturing overseas moves it back to the country of its origin.