Freight Demand & Supply in a Crazy World

                                           

GUEST COLUMNIST

Thom Albrecht  -  CFA / Managing Director

Stephens Inc.

 

A comprehensive and insightful overview of the economy and the trucking industry was provided by Mr. Thom Albrecht of Stephens Inc. during a January 2009 meeting of the Atlanta Chapter of the Council of Supply Chain Management Professionals.  Some of his insights regarding the future of trucking included:

• TL Van rates could drop 2-4% in 2009
• Spot rates could be off 15-25% during first half of 2009
• It could take until 2011-2012 until the word 'robust' is associated with our economy

Thom was kind enough to provide TruckExec readers access to his presentation which can be viewed here:    Download T Albrecht Presentation

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Thom Albrecht's bio:

Thom co-heads the transportation equity research team with a focus upon truckload, less-than-truckload and transport suppliers, working out of the Richmond, VA office. He joined Stephens in February 2005 from BB&T Capital Markets, where he served as a Managing Director and co-head of the transportation equity research team since 2000. 

Prior to joining BB&T, Mr. Albrecht oversaw the transportation research effort at ABN AMRO, Inc. for almost 3 years and prior to that was at A.G. Edwards for 11 years, where he started the transportation research group. He has been quoted on the transportation industry by the national media including the Wall Street Journal, Traffic World, Transport Topics and the Journal of Commerce. He has also been a featured speaker at several American Trucking Association conferences. He has been chosen by the Wall Street Journal as an All-Star Analyst 7 times and has been selected, along with Alex Brand as providing the top regional brokerage transportation research the past 7 years by Institutional Investor magazine.  He was selected by Starmine/Forbes as the best stock picker for “Road and Rail” during 2001, 2004 and 2005 and the runner-up in 2003. 

Mr. Albrecht holds a B.S. in Business Administration with a finance major from the University of Central Missouri and he is also a Chartered Financial Analyst. Interests include golf, politics and baseball, especially the St. Louis Cardinals.  He is married with two children and resides in Richmond, VA.