What Do You Know About Freight Forwarding? Trivia Quiz

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  • 1/10 Questions

    What's the meaning of BIFA?

    • The Bermuda International Freight Association
    • The Brazilian International Freight Association
    • The British International Freight Association
    • The Big International Freight Association
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About This Quiz

Freight forwarding has to do with organizing shipments for individuals or businesses in order to get goods from the manufacturer to a market, a customer or a final point of distribution. It has always been a dynamic industry because people need to export their goods everywhere around the world (where they can sell them). So, what do you know about freight forwarding? Take our quiz and find out now.

What Do You Know About Freight Forwarding? Trivia Quiz - Quiz

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  • 2. 

    What is the meaning of CFR?

    • Fair Costs

    • Cost of the freight

    • Cost at large

    • Cost and Freight

    Correct Answer
    A. Cost and Freight
    Explanation
    CFR stands for Cost and Freight. It is a trade term used in international shipping contracts, indicating that the seller is responsible for the cost of the goods and the freight charges to bring the goods to the agreed-upon destination. This means that the seller covers the cost of transportation, including loading the goods onto the ship, while the buyer is responsible for any additional costs and risks once the goods are on board.

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  • 3. 

    How many forwarding companies are managed by PIFFA in Pakistan?

    • Exactly 700

    • Over 200

    • More than 500

    • Less than 500

    Correct Answer
    A. More than 500
    Explanation
    PIFFA, the Pakistan International Freight Forwarders Association, manages a significant number of forwarding companies in Pakistan. The statement "More than 500" implies that there are more than 500 forwarding companies managed by PIFFA in the country.

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  • 4. 

    In what year did Canada establish the CIFFA?

    • In 1920

    • In 1940

    • In 1950

    • In 1948

    Correct Answer
    A. In 1948
    Explanation
    In 1948, Canada established the CIFFA. This indicates that the CIFFA was established as an organization in that particular year.

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  • 5. 

    When was the first freight forwarding company established?

    • In 1822

    • In 1830

    • In 1920

    • In 1836

    Correct Answer
    A. In 1836
    Explanation
    In 1836, the first freight forwarding company was established. This means that prior to this year, there were no companies specifically dedicated to the transportation and logistics of goods. The establishment of this company marked the beginning of a new industry, where businesses could rely on specialized services to transport their goods efficiently and effectively.

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  • 6. 

    Who pays the Ocean freight charges in general?

    • The Importer

    • The Port of Entry

    • The port of Export

    • The Exporter

    Correct Answer
    A. The Importer
    Explanation
    The correct answer is the Importer. In general, the Importer is responsible for paying the ocean freight charges. This includes the cost of transporting goods by sea from the port of export to the port of entry. The Importer usually arranges and pays for the shipping services, which can include freight charges, customs duties, and other related fees.

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  • 7. 

    How many corporate members does the British International Freight Association count? 

    • 2000

    • 1000

    • 1500

    • 1200

    Correct Answer
    A. 1500
    Explanation
    The British International Freight Association counts 1500 corporate members.

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  • 8. 

    In what year did freight forwarding begin in Nigeria?

    • 1925

    • 1930

    • 1920

    • 1914

    Correct Answer
    A. 1914
    Explanation
    Freight forwarding began in Nigeria in 1914. This indicates that the practice of organizing and arranging the transportation of goods and cargo started in Nigeria during that year.

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  • 9. 

    In what country are freight forwarders called Customs Clearance Agents?

    • In Australia

    • In England

    • In the USA

    • In France

    Correct Answer
    A. In Australia
    Explanation
    In Australia, freight forwarders are referred to as Customs Clearance Agents. This means that these professionals are responsible for handling the necessary paperwork and procedures required for the customs clearance of goods entering or leaving the country. They ensure that all legal and regulatory requirements are met, including the payment of duties and taxes. This term is specific to Australia and may vary in other countries.

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  • 10. 

    How many employees currently work for the FFFAI?

    • 110,000 people

    • 120,000 people

    • 80,000 people

    • 50,000 people

    Correct Answer
    A. 110,000 people
    Explanation
    The FFFAI currently employs 110,000 people.

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  • Current Version
  • Mar 20, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Aug 14, 2019
    Quiz Created by
    Anouchka
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