#logistics
When do we invoice if Incoterms 2010 are CIP (destination address)?
Once goods are handed over to the first carrier or forwarder
Many logistics companies are owned by firms based outside the United States. Of these countries, which has the most companies in the Top 50 list?
Switzerland
Which company on the Top 50 list was recently acquired by the French freight forwarder Norbert Dentressangle?
Jacobson Companies
With more than 2,000 vessels calling each year, which is the world’s largest inland port?
Montreal, Canada
Truck Driver Slang – what does ‘Double-Nickel’ stand for?
A ‘double-nickel’ is a 55 mph speed limit.
Why is it better to ship goods as pallets instead of loose cartons?
Pallets are easier to handle and are more secure
At what point does risk transfer from the seller to the buyer if the terms of shipment are DAP (destination address?
Once goods are delivered at the destination address
Which is the company in 2014 had the biggest move up in the rankings compared to the prior year in logistics?
XPO Logistics
The top two states for warehousing employment are California (230,000 jobs) and Texas (178,000 jobs).  Which state comes in 3rd place?
Illinois
The highest point on the Interstate Highway System is 11,158 feet at the continental divide in Colorado. What is the lowest point of the Interstate Highway System?
The lowest point of the Interstate Highway System is -52 feet near Seely, California.
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