Logistics Plus Is an Organization That Consolidates Shipments from Several

question 43

Multiple Choice

Logistics Plus is an organization that consolidates shipments from several industrial firms into more efficient lot sizes so that they can be more efficiently transported. What type of transportation company is Logistics Plus?

• A) A freight forwarder
• B) A forwarding agency
• C) A transport consolidator
• D) A specialty transportation company
• E) An intermodal shipping company

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Definitions:

IPO

Initial Public Offering, the process by which a private company offers its shares to the public for the first time.

Working Capital Management

The management of a company's short-term assets and liabilities to ensure its efficient operation and financial stability.

Current Liabilities

Financial obligations that a company is required to pay within a year.

Financial Position

An individual's or organization's status regarding the assets, liabilities, and equity at a specific point in time.