The queue shows the current video and what plays next. In the 5.0 it opens beside the player, with the playing item highlighted and a shuffle control at the top.

Shuffle the line-up, let one video follow another, and save the queue as a playlist. Library has a dedicated Playlists view.
Keep a line-up for later
Choose the videos you want to watch, check their order in the queue and save the line-up as a playlist. Return to saved collections from Library → Playlists.