How Much Do You Know About Freight Forwarding?
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If you are business or even individual selling products on eBay or sending goods to your family overseas, you might need the services of a freight forwarding company. They will transport your goods in several ways like by air, train, by road, and even by boat. But what do you really know about this business? Take our quiz and find out now.
- 1.In what year was the first forwarding company created?
- A.
1836
- B.
1840
- C.
1842
- D.
1850
- 2.What is the name of the first freight forwarding company in the world?
- A.
Thomas Meadow Enterprises
- B.
Thomas meadow and corporation
- C.
Thomas Meadow and Company
- D.
Meedows and Co
- 3.Which country is known to have started with the freight forwarding business?
- A.
England
- B.
The USA
- C.
France
- D.
Germany
- 4.How is the transferring document fee also called?
- A.
Flight Charges
- B.
Flying charges
- C.
Ocean freight Charges
- D.
Transferring charges
- 5.What did freight forwarders initially do?
- A.
They contacted receivers to warn them about the goods' arrival
- B.
They inspect goods
- C.
They arranged for carriage by contracting with various carriers
- D.
They used to pack goods
- 6.Where do people normally pay for the Ocean freight charges?
- A.
At the port of Discharge
- B.
At departure
- C.
At customs
- D.
Anywhere they want to
- 7.What is the meaning of CFR?
- A.
Calls and Fares
- B.
Cost and Fair
- C.
Cost and Freight
- D.
Cost and Fare
- 8.What is FOB?
- A.
It's Free on Board
- B.
It's Fare on board
- C.
It's food on board
- D.
It's Far on Board
- 9.What is the other term for International Commercial term?
- A.
Icoterm
- B.
Encoterm
- C.
Ecoterm
- D.
Incoterm
- 10.Who normally pays for the Ocean Freight Charges?
- A.
The agent responsible for handling the goods
- B.
The Client
- C.
The Exporter
- D.
The Importer
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