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LM's 2007 Trends and Issues Quiz

LM QuizYou’re well prepared, but now it’s time to step into the hot lights and see if you’ve got what it takes to go for the big win. It’s time to take our 2007 Logistics Trends and Issues Quiz.

For the fourth consecutive year, our editorial staff has created a short quiz based on LM's features, news, and columns. By taking this quiz, you'll have the opportunity to review a year in logistics and transportation trends and issues.

If you don’t know the answer off the top of your head, check out our hints located in the question and take a moment to read the associated article.

The correct answers will appear in the February issue of LM.

Now, are you ready to give your final answer?



1.  Please provide the following information about yourself: *
 
First Name:   
Last Name:   
Email Address:   
Phone Number:   
2.  According to the 18th Annual State of Logistics report, total logistics costs for 2006 rang in at: *
  $1.6 billion 
$2.6 trillion 
$1.3 trillion 
$3.1 trillion 
3.  What organization took the Federal Motor Carrier Safety Administration (FMCSA) to task earlier this year, claiming that the FMCSA has not adequately regulated the trucking industry or protected U.S. citizens and drivers? *
  The International Brotherhood of Teamsters 
Public Citizen 
The Association of American Railroads 
The Sierra Club 
4.  In the trucking business, GRI stands for: *
  General rate increases 
General rate index 
Global risk index 
Global Research Institute 
5.  In the feature "How to be a lean, mean, cross-docking machine," which of the following is NOT a benefit of cross docking? *
  Accelerates speed to market by routing items to their end destination 
Reduces the need for real-time data 
Reduces storage requirements and storage-related costs 
Allows companies to meet customer demands in time-sensitive situations 
6.  According to Adrian Gonzalez at ARC Advisory Group, the next "big thing in logistics" is: *
  the continued utilization and development of transportation management systems 
a federal commitment to a tangible transportation infrastructure policy 
driving the growth and adoption of RFID 
data scrubbing 
7.  In an April news story, American Trucking Associations President William Graves said that trucking productivity can be improved by: *
  adding more wheels 
using more two-driver teams 
utilizing longer and heavier trucks that would increase truck weights from 80,000 to 97,000 pounds 
mandating that all truck drivers receive TWIC cards 
8.  PRTM’s Mark Crone suggests that global shippers can keep their companies free and clear of emerging regulatory obstacles and stiff financial fines if they: *
  focus on security 
consider joining C-TPAT 
partner with CBP 
all of the above 
9.  According to Logistics Management’s 2007 Salary Survey, the average salary for logistics managers in 2006 was: *
  $80,000 
$84,800 
$88,000 
$85,100 
10.  After the railroads posted record service lows for on-time delivery in our 2006 Masters of Logistics survey, our 2007 survey indicated that on-time delivery actually improved on the rails by 12 percentage points year over year. *
  True 
False 
11.  An economic analysis on railroad fuel surcharge practices commissioned by the American Chemistry Council revealed that five Class I railroad carriers have overcharged rail shippers by more than: *
  $2.5 million 
$3.5 billion 
$4.2 billion 
$6.5 billion 
12.  In February we reported that the Surface Transportation Board changed the way that railroads calculate: *
  ton-mile revenue 
capacity 
mileage 
fuel surcharges 
13.  Who won the Gold Medal in our 2007 Best Practices in Logistics Management awards? *
  Fred Bohler of Borders Group 
Charlie Kantz, Bakers Footwear Group 
Ed Hamorsky of Alcoa 
Doug Eckrote of CDW 
14.  In a March news story, it was reported that the DOT’s Mary Peters told a group of U.S. business leaders that it’s time to treat transportation like a: *
  revenue generator 
concern 
cost center 
business 
15.  According to the results of LM’s 2nd Annual Warehouse Operations Survey, 47 percent of respondents report that their companies do not offer incentives to their warehouse and DC employees. *
  True 
False 
16.  In his May column, what did Ray Bohman consider somewhat surprising when the 2007 general rate increases for less-than-truckload (LTL) carriers were first announced? *
  More carriers than usual came in with rate increases slightly below five percent 
All carriers dropped their prices drastically from the previous year 
Most increases came in by more than six percent 
Rates increased by ten percent in most cases 
17.  In our case study on Tropicana’s improved rail operations, what was the biggest benefit of the Web-based A+B pricing tool developed by CSX and CN Railway? *
  It gives shippers a variety of pricing options and classifications 
It provides shippers with immediate interline public and private pricing quotes for carload shipments on Class I railroads 
It requires shippers to go to individual railroads’ Websites to get pricing data for each part of a railroad route 
It offers shippers direct access to iTunes 
18.  The pioneers of the "cube-based" pricing system believe that the system can save shippers between 8 and 10 percent in LTL costs. *
  True 
False 
19.  In late spring, third-party logistics provider CEVA Group Plc said it would acquire which company for approximately $2 billion: *
  Ozburn Hessey 
Transplace 
EGL 
Hub Group 
20.  To ensure that food is transported safely from origin to marketplace, Dole’s Robert Engle implemented: *
  a paper-based system for tracking produce shipments 
a fully-automated, RFID/GPS-based track and trace process 
a partially-automated communication system for producers 
a phone-based method for tracking sales 
21.  According to the results of LM’s 2nd Annual Warehouse Operations Survey, the typical warehouse and distribution center employs more than 200 people and averages 3.0 to 5.9 inventory turns. *
  True 
False 
22.  In a July news report, what did the American Trucking Association (ATA) determine to be one consistent issue what will face the transportation industry for years to come? *
  Rates will soften 
Rates will escalate 
Driver shortages will continue to be a problem 
Freight volumes will decline 
23.  Following weeks of contentious negotiations this summer, a longshore labor strike was averted at which U.S. West Coast seaport? *
  Portland 
Oakland 
LA/Long Beach 
Seattle 
24.  According to AMR Research’s ERP Market Sizing Report, 2006–2011, total revenue for the ERP market in 2006 rang in at: *
  $20 billion 
$22 billion 
$28 billion 
$32 billion 
25.  To cut costs from offshore manufacturing without sacrificing supply chain reliability, BSI Door Hardware took a chance on a new ocean service. The gamble paid off, and just may signal a shift from air to ocean for many other top tier shippers in the future. Which trade lane was used? *
  Asia-EU 
Transpacific 
Intra-Asia 
Transatlantic 
26.  LM’s new Executive Editor is: *
  Hillary Clinton 
Mike Levans 
Patrick Burnson 
Elliot Smith 

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