Midterm Assessment

Midterm Assessment
StuDent Full name: __________________________________


2021

Section A ( 15 marks )
Each correct answer is 5 points.

What is the freight company role in Industry?

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What is the Factoring?

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What is the Broker’s role in Industry?
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Section B ( 20 mark )

Each correct answer is 1 point.
Write down full meaning and explain briefly what does the term means, how to use it?
BOL is ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
POD is ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
Seal is ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
Rate Confirmation
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Update Board is ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
Bobtail is ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
ETA is ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
SCAC code
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Stationary is ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
Weight station is ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
Reimburse is ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
Capacity code
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Carrier Package is ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Lumper
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Detention and Layover ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
TONU
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Upcoming load ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
EST time
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EDT time ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
In Transit load
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Section C ( 10 mark )

Each correct answer is 1 point
Choose correct state abbreviation:

1. 
   Maine
   

1. 
   ME
   
2. 
   MI
   
3. 
   MA
   
4. 
   MN
   

2. 
   Kansas
   
   1. 
      KA
      
   2. 
      KS
      
   3. 
      KY
      
   4. 
      KN
      
3. 
   Washington
   
   1. 
      VA
      
   2. 
      WA
      
   3. 
      WY
      
   4. 
      WV
      

Fill the gaps below:

4. 
   NY is abbreviation for ________________
   
5. 
   NV is abbreviation for ________________
   
6. 
   TX is abbreviation for ________________
   
7. 
   AL is abbreviation for ________________
   
8. 
   LA is abbreviation for ________________
   
9. 
   ND is abbreviation for ________________
   
10. 
    OR is abbreviation for ________________
    

Section D ( 10 mark )

Each correct answer is 1 point
Explain following terms:

1. 
   Enroute
   

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2. 
   Shop
   

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3. 
   Stop
   

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4. 
   Ready Inspection
   

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5. 
   Rest
   

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6. 
   Home
   

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7. 
   Vocation
   

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8. 
   Covered
   

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9. 
   Reserved
   

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10. 
    Ready
    

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Section E (EXPLAIN, 25 mark)

Account Receivable ( 2 points)

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Account Payable ( 2 points)

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In which cases do we use Zelle? ( 2 points)

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Carrier Package
( 2 points)

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Bill TO
( 2 points)

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ACH( 1 points)

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What is included inside of INVOICE? ( 1 points)

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Direct Deposit ( 1 points)

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Toll road ( 2 point )

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E-Z PASS ( 2 points)

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Why do we need an “Accounting in Logistics”? ( 2 points)

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What’s difference between routine and account numbers? ( 2 points)

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WO meaning( 1 points)

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Paystub( 1 points)

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Can we use the same seal number all the time ? ( 2 point )
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Section F: Dispatching Load: 20 Marks

Amazon load: 10 mark

Answer:

Street Load ( DAT POWER ) 10 mark

Answer: