Category: Global Logistics

CIFFA Exam Sample Practice Questions & Answers – Land Transportation

CIFFA Exam Sample Practice Questions & Answers – Land Transportation Questions What are the two major railways in Canada? Name the 8 principal products carried by rail. Shortline railways could be considered as to CP and CN. Name at least three different types of rail equipment available for movement. What do COFC and TOFC mean? Define a unit train. When...

CIFFA/Freight Forwarding/Global Logistics

CIFFA Exam Practice Questions & Answers – Export Packaging and Warehousing

CIFFA Exam Practice Questions & Answers – Export Packaging and Warehousing What are the two basic functions that packaging serves? Marketing and distribution. What is palletizing or unitizing of cargo? Assembling packages on a pallet base and securing the load to the pallet. What is the most common economical container/package? Fibreboard box. What is the main problem with using wood...

CIFFA/Freight Forwarding/Global Logistics

CIFFA Exam Sample Practice Questions & Answers – Transportation Geography

CIFFA Exam Sample Practice Questions & Answers – Transportation Geography Questions On the map below, indicate the top 10 key gateway cargo airports, beside each letter. On the map below, indicate the top 10 key gateway seaports, beside each letter. Name 5 major container ports from where known scheduled inland barge services operate (via river or canal) including the inland...

CIFFA/Freight Forwarding/Global Logistics

CIFFA Exam Sample Practice Questions and Answers – Understanding Freight Forwarding

CIFFA Exam Sample Practice Questions and Answers – Understanding Freight Forwarding Questions 1. What activities might CIFFA undertake to achieve its mission in each of its three foundation elements? 2. CIFFA has three categories of membership. Give an example of who/what type of company might belong to each category. In what category is your company? 3. FIATA is the acronym...

CIFFA/Freight Forwarding/Global Logistics

CIFFA Exam Sample Practice Questions and Answers – Air Freight

CIFFA Exam Sample Practice Questions and Answers – Air Freight Questions What is CASS and what is its purpose? Define MAWB (master air waybill) and HAWB (house air waybill) and their function. Why are labelling and marking important? What should a label for air freight show? What is a shipper’s letter of instruction (SLI) and why is it important? Is...

CIFFA/Freight Forwarding/Global Logistics

Case Analysis – Standard Chartered Bank vs. Pakistan National Shipping Corporation

Case Analysis – Standard Chartered Bank vs. Pakistan National Shipping Corporation Parties Applicant (buyer): Vietranscimex Beneficiary (seller): Oakprime Ltd. Issuing Bank (buyer’s bank): Incombank Confirming Bank (seller’s bank): Standard Chartered Bank, London (SCB) Shipowner: Pakistan National Shipping Corporation (PNSC) Flowchart 1- Buyer (Vietranscimex) and Seller (Oakprime) agrees on issuance of a letter of credit. 2- Buyer (Vietranscimex) goes to Issuing...

CIFFA/Freight Forwarding/Global Logistics

CIFFA Exam Sample Practice Questions and Answers – Dangerous Goods

CIFFA Exam Sample Practice Questions and Answers – Dangerous Goods Questions What is the definition of dangerous goods? What are two (2) other terms that may also mean dangerous goods? What associations/agencies have devised regulations for the transportation of dangerous goods? What is the Canadian set of dangerous goods regulations? What is the American set of dangerous goods regulations? Name...

CIFFA/Freight Forwarding/Global Logistics

CIFFA Exam Practice Questions & Answers

CIFFA Exam Practice Questions & Answers Questions Which Canadian Bill deals with terrorism and national security? What is the name of the regulations involving international maritime security? What is the name of Canada’s security program that helps reduce contraband, smuggling, and terrorism? What government agency administers the above program? What do the Memoranda of Understanding in the above program focus...

CIFFA/Freight Forwarding/Global Logistics

CIFFA Exam Practice Questions and Answers – Cargo Insurance

CIFFA Exam Practice Questions and Answers – Cargo Insurance What is the meaning of utmost good faith? It is the full disclosure of all material facts to the insurance underwriter. Name two features of the term insurable interest. There must be an object exposed to an insurable risk. Insured party must have some legal relationship to the object. Describe an...

CIFFA/Freight Forwarding/Global Logistics

Sourcing a Wire Harness from Happy Lucky

Sourcing a Wire Harness from Happy Lucky 1) What is the total cost for each option? How much cheaper (total $) is outsourcing to China over the 3-year lifecycle of the Auto Part? Total cost for supplying from Original Wire (1-month delivery): $6000 = fixed tooling cost $30 * 5,000 units = $150,000 total unit price $0.75 * 5,000 units =...

Freight Forwarding/Global Logistics

Best Practices to Stuff a Container

Best Practices to Stuff a Container Containers should have enough lashing points of the strength we need. Container and packing requirements should be confirmed in writing between the parties. Right equipment to load and unload containers should be in place. Temperature control, a fan, or extra ventilation shouldn’t be seen as an extra cost, because when it’s 25 degrees outside,...

CIFFA/Freight Forwarding/Global Logistics

CIFFA Exam Sample Questions and Answers – Commercial Documentation and Regulatory Compliance

CIFFA Exam Sample Questions and Answers – Commercial Documentation and Regulatory Compliance Who issues an export permit? The Export and Import Controls Bureau (EICB) authorizes, under the discretion of the Minister of International Trade (Global Affairs Canada) the import and export of goods restricted by quotas and/or tariffs. What is the Area Control List? The ACL is a list of...

CIFFA/Freight Forwarding/Global Logistics

CIFFA Exam Sample Questions & Answers – Payments- 2

CIFFA Exam Sample Questions & Answers – Payment – 2 What are the main reasons why a letter of credit may be chosen as a form of International payment? Open account unsatisfactory, documentary collection unsatisfactory, foreign exchange issue in the importer’s country, political/economic instability, exporter’s request and fair/equal sharing of risk. Name some advantages of a letter of credit. The...

CIFFA/Freight Forwarding/Global Logistics

Competitive Analysis Report – Exporting PPE from Canada to Colombia

Competitive Analysis Report – Exporting PPE from Canada to Colombia Purpose This Competitive Analysis Report has been prepared in response to the RfP dated August 10, 2020, and includes our proposal to Global Exporting Ltd. in regard to managing the export of the Personal Protective Equipment Sets from Canada to Colombia. This report identifies the exporting product, key transaction partners...

CIFFA/Freight Forwarding/Global Logistics

CIFFA Exam Sample Practice Questions and Answers – Ocean Freight

CIFFA Exam Sample Practice Questions and Answers – Ocean Freight Questions Name three commodities that may travel as bulk cargo. What is a conventional vessel? What does the term break-bulk cargo mean? A container ship can also be considered a vessel. Describe the function of a MAFI. What is a LASH vessel? Define a main line service route. Define an...

CIFFA/Freight Forwarding/Global Logistics

Global Logistics Report – Japan Freight Railway Company

Japan Freight and Logistic Overview Japan is an island country with a scarcity of natural resources, it is surrounded by sea. As a result, it depends greatly on importing raw materials and exporting processed products. For the same reason, freight services and logistics play an important role in the economy of Japan. In 2017, this industry not only accounts for...

Global Logistics

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