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29 August, 11:58

What is a Private Carrier? a. a trucking firm whose name does not appear on the equipment b. a trucking operation that only hauls freight for the firm which owns it c. a trucking firm whose stock is not listed on any of the stock exchanges d. a trucking firm that is not registered with the FMCSA

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  1. 29 August, 12:27
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    The correct option is (b)

    Explanation:

    Private carrier is an organization that transports only the products produced by firm that own it.

    Such organization's primary business activity is not transporting products from one place to another. In other words, these carriers do not transport goods of other companies.

    Companies find having their own carriers cost effective as compared to hiring one.

    Therefore, private carrier is a trucking operation that transports goods for the firm that owns it.
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Home » Business » What is a Private Carrier? a. a trucking firm whose name does not appear on the equipment b. a trucking operation that only hauls freight for the firm which owns it c. a trucking firm whose stock is not listed on any of the stock exchanges d.
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