Introduction To Freight Forwarding! Trivia Quiz

Reviewed by Editorial Team
The ProProfs editorial team is comprised of experienced subject matter experts. They've collectively created over 10,000 quizzes and lessons, serving over 100 million users. Our team includes in-house content moderators and subject matter experts, as well as a global network of rigorously trained contributors. All adhere to our comprehensive editorial guidelines, ensuring the delivery of high-quality content.
Learn about Our Editorial Process
| By Anouchka
A
Anouchka
Community Contributor
Quizzes Created: 598 | Total Attempts: 559,175
| Attempts: 391
SettingsSettings
Please wait...
  • 1/10 Questions

    What is the CFR?

    • Cost and Francs
    • Cobalt and Freight
    • Cost and Freight
    • Cost and fare
Please wait...
About This Quiz

When you drop a package at the post office or even drop it at DHL, do you know what happens next? When a cousin or a loved one tells you they've received your gifts for Christmas in record time even though they live far away in another part of the world, are you aware of all the steps needed for this loved one to receive your gift? If you do take our quiz and see if you can easily pass it.

Introduction To Freight Forwarding! Trivia Quiz - Quiz

Quiz Preview

  • 2. 

    What is the other term for International Commercial term?

    • Oterm

    • Elcoterm

    • Ecoterm

    • Incoterm

    Correct Answer
    A. Incoterm
    Explanation
    Incoterm is the correct answer because it is the commonly used abbreviation for International Commercial Terms. These terms are a set of rules and guidelines that define the responsibilities and obligations of buyers and sellers in international trade transactions. They specify who is responsible for the costs, risks, and logistics of transporting goods from one country to another. Incoterms are widely recognized and used in international trade to ensure clarity and consistency in business transactions.

    Rate this question:

  • 3. 

    What is FOB?

    • Free and Board

    • Fire on Board

    • Fare on Board

    • Fair on Board

    Correct Answer
    A. Free and Board
    Explanation
    FOB stands for "Free On Board." It is a term used in international trade to indicate that the seller is responsible for the cost and risk of delivering goods to a specific destination. Once the goods are loaded onto the ship or other mode of transportation, the responsibility transfers to the buyer. Therefore, the correct answer is "Free and Board."

    Rate this question:

  • 4. 

    What was the original function of forwarders?

    • To arrange for carriage by contracting with various carriers.

    • To arrange contracting with various carriers.

    • To arrange for carriage with various carriers.

    • For carriage by contracting with various carriers.

    Correct Answer
    A. To arrange for carriage by contracting with various carriers.
    Explanation
    The original function of forwarders was to arrange for carriage by contracting with various carriers. This means that forwarders were responsible for coordinating and organizing the transportation of goods by entering into agreements with different carriers. They would negotiate the terms and conditions of transportation, including the mode of transport, routes, and pricing, on behalf of their clients. This allowed businesses to efficiently ship their products by utilizing the expertise and network of the forwarders to find the most suitable carriers for their needs.

    Rate this question:

  • 5. 

    Who pays for the Ocean freight charges?

    • Customs

    • The government

    • The exporter

    • The importer

    Correct Answer
    A. The importer
    Explanation
    The importer pays for the ocean freight charges. When goods are shipped from one country to another, the importer is responsible for arranging and paying for the transportation of the goods. This includes the costs associated with ocean freight charges, which cover the transportation of the goods by sea. The importer is also responsible for any additional charges such as customs duties and taxes that may be incurred during the importation process.

    Rate this question:

  • 6. 

    Whi is known as the first freight forwarder?

    • Marx and Co

    • Thomas Marx and Co

    • Thomas Meedows and Company

    • Thomas Edison

    Correct Answer
    A. Thomas Meedows and Company
    Explanation
    Thomas Meedows and Company is known as the first freight forwarder because they were the first company to specialize in organizing and coordinating the transportation of goods on behalf of shippers. They played a crucial role in the development of modern logistics by providing services such as documentation, customs clearance, and arranging transportation for their clients. This pioneering approach revolutionized the shipping industry and laid the foundation for the freight forwarding industry as we know it today.

    Rate this question:

  • 7. 

    Where are ocean freight charges paid at?

    • At the port of discharge

    • At the port of loading

    • Once it lives its original port

    • One month after it has been expedited

    Correct Answer
    A. At the port of discharge
    Explanation
    Ocean freight charges are paid at the port of discharge. This is because the port of discharge is where the goods are unloaded from the ship and cleared through customs. Once the goods have reached their destination port, the consignee or importer is responsible for paying the freight charges to the shipping line or freight forwarder. The payment is made before the goods are released to the consignee for further transportation or distribution.

    Rate this question:

  • 8. 

    How is a freight forwarder called in Australia?

    • A customs agents

    • A clearance agents

    • A customs clearance agents

    • An agent

    Correct Answer
    A. A customs clearance agents
    Explanation
    In Australia, a freight forwarder is referred to as a customs clearance agent. This term specifically highlights the role of the freight forwarder in assisting with customs clearance procedures for imported or exported goods. The customs clearance agent is responsible for ensuring that all necessary documentation and compliance requirements are met, facilitating the smooth movement of goods through customs.

    Rate this question:

  • 9. 

    When has freight forwarding started in Nigeria?

    • In 1925

    • In 1920

    • In 1917

    • In 1914

    Correct Answer
    A. In 1914
    Explanation
    Freight forwarding started in Nigeria in 1914. This indicates that the transportation and logistics industry in Nigeria has a long history, dating back over a century. The establishment of freight forwarding services in 1914 suggests that there was a need for organized and efficient transportation of goods in the country at that time. This answer implies that Nigeria has been involved in international trade and commerce for a significant period, highlighting the country's economic development and engagement with the global market.

    Rate this question:

  • 10. 

    When was the first freight forwarding company established?

    • In 1835

    • In 1842

    • In 1836

    • In 1840

    Correct Answer
    A. In 1836
    Explanation
    In 1836, the first freight forwarding company was established. This indicates that prior to this year, there were no companies specifically dedicated to organizing and managing the transportation of goods. The establishment of the first freight forwarding company in 1836 marked the beginning of a new era in logistics and paved the way for the development of the modern freight forwarding industry.

    Rate this question:

Quiz Review Timeline (Updated): Mar 21, 2023 +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Mar 21, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Aug 14, 2019
    Quiz Created by
    Anouchka
Back to Top Back to top
Advertisement
×

Wait!
Here's an interesting quiz for you.

We have other quizzes matching your interest.