Industry & Services >> Analyst Interviews >> September 23, 2002

Airfreight & Logistics: Alexander Brand – Bb&t Capital Markets

ALEXANDER V. BRAND is a Senior Vice President Equity Research with BB&T Capital Markets. He joined the firm in 1997 and covers the airfreight/logistics/specialty airlines sector. Prior to joining BB&T, Mr. Brand was the top-ranked stock picker in the 2000 Wall Street Journal Best on the Street Analyst Survey and also was recognized for his estimate accuracy. He is a graduate of the E. Claiborne Robins School of Business at the University of Richmond and earned an MBA degree from Georgia State University. He is a Chartered Financial Analyst. Profile
TWST: How do you define airfreight? Do you separate it into

freight forwarders and air cargo?

Mr. Brand: We separate our universe by capital intensity. In

other words, it's asset-based and