QUESTION 1 Risk management is defined as:
Aggregate transportation expenditures are about what percentage of GDP in the U.S.?
Discuss the impact of fuel price instability on Motor Carriers. Indicate the answer choice that best completes the statement or answers the question.
Explain the roles and importance of geographic specialization. Is this role more important in a global economy?
Define direct service.
The Maritime Administration (MARAD) was created to:
prevent the economic decline of the U.S. flag ocean carriers
pay subsidies to U.S. flag carriers who were having difficulty competing against foreign carriers.
address the needs of ship lines and builders wanting federal aid
be certain that there would be employment for U.S. sailors and mariners
What are ocean shipping rates based upon?
Explain modalsplit and its importance.
Describe the four step risk management process.
What is the second step in global transportation planning?