In this episode of Connecting the Dots, Stifel Think Tank Group guest host David Novak welcomes Mike Baudendistel, Head of Intermodal at Freight Waves. The two discuss trends in freight volumes, inventories, and modal shifts and what they mean for the broader transportation cycle. Plus, a look at the current state of reshoring and shifts in global supply chains.

This material is prepared by the Think Tank Group of Stifel, Nicolaus & Company, Incorporated (“Stifel”). This material is for informational purposes only and is not an offer or solicitation to purchase or sell any security or instrument or to participate in any trading strategy discussed herein. The information contained is taken from sources believed to be reliable, but is not guaranteed by Stifel as to accuracy or completeness. The opinions expressed are those of the Think Tank Group and may differ from those of other departments that produce similar material and are current as of the date of this publication and are subject to change without notice. Past performance is not necessarily a guide to future performance. Stifel does not provide accounting, tax, or legal advice and clients are advised to consult with their accounting, tax, or legal advisors prior to making any investment decision. Additional information is available upon request. Stifel, Nicolaus & Company, Incorporated is a broker-dealer registered with the United States Securities and Exchange Commission and is a member SIPC & NYSE. ©2023