Signs of life in the freight economy emerged in 4Q13. While US economic demand has remained sluggish, spot truckload activity was brisk in November and December; and the growth in e-commerce caused network disruptions at the venerable parcel carriers UPS and FedEx. So, what’s in store for 2014? On Thursday, March 20th, plan to spend your evening with The Logistics Council for what will be an outstanding dinner program regarding the State of Transportation in 2014. Benjamin Hartford, senior research analyst at RW Baird and perennial speaker for TLC, will present an in-depth look into the current state of the Transportation industry from the perspective of a Wall Street analyst. Armed with this new insight, you’ll return to work more prepared to tackle the challenges and opportunities expected this calendar year.
The pain of the Great Recession appears to be slowly giving way to optimism of a sustainable global recovery. The S&P 500 was up 30% in 2013—and is up over 180% from the depths of the crisis in 2009. Economic forecasts for 2014 reflect improving growth in the US and globally. But, plenty of risks remain: US employment levels have yet to return to prior peak levels despite the recovery in the equity markets; developed markets remain debt-laden; and central banks (in particular, the US Federal Reserve), which have played a critical role in this recovery, are beginning to “taper” their involvement. We take a look back at this cycle and examine some of the emerging undercurrents that, in our view, support a healthier US and global economic growth outlook in 2014.
Ben Hartford is Baird’s senior analyst covering Transportation/Logistics. Ben has covered the transport sector since joining Baird in 2005, and has had senior analyst responsibilities since 2011. In November 2012 he was recognized as a “Rising Star” in Institutional Investor Magazine’s 2012 All-America Research Team Rising Stars list; and by StarMine as the No. 2 earnings estimator in Road & Rail in 2012 and the No. 1 earnings estimator in Air Freight & Logistics in 2013. Ben received a BS with honors in Finance and an MS in Accounting from Indiana University. He is also a CFA charterholder.
Please join us for another quality program from The Logistics Council.
Registration & Logistics:
|Place:||Radisson Hotel Milwaukee West|
|Directions:||Intersection of Hwy 45 & North Avenue
2303 North Mayfair Road
Milwaukee WI 53226
|Time:||5:30 pm||Registration / Networking|
|7:00 pm||Program Presentation|
|8:00 pm||Open Q & A|
|Cost:||Please pre-register for this event to ensure that space is available|
|$40.00||Pre-paid with RESERVATION|
|$45.00||Pre-paid 7 days or less from the event date|