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The Market and You!

Authored by Kari Nagel

Business

Professional Development

Used 2+ times

The Market and You!
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6 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage did new contract rates decrease?

7-11%

12-16%

17-21%

22-26%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did Noel Perry identify as the biggest challenge for carriers?

Weather

Backups in the ports

Decreased volume

Increased operating expenses

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much inflation did carriers experience in their costs?

20%

30%

40%

50%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Croke, what is one thing shippers did differently in 2022?

Consolidated freight

Expanded operating hours

Decreased work force

Added tractors

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When did contract rates start to dip in 2022?

March

May

August

December

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What are shippers and carriers both realizing are important coming into 2023?

Relationships

Volume

Spot Rates

Contract Rates

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