Industry & Services >> Analyst Interviews >> January 23, 2012

Fleet Regulation & Uncertainty Boost Truck Leasing Demand – David G. Ross – Stifel, Nicolaus & Co., Inc.

David G. Ross, CFA, Director and Transportation Analyst, joined the Stifel, Nicolaus & Co., Inc., research team in connection with Stifel's acquisition of Legg Mason's Capital Markets Group in December 2005. He covers the freight transportation industry with a concentration in the logistics, LTL and parcel sectors. Mr. Ross joined Legg Mason in 2001. Before that, he worked as a Financial Analyst for RailWorks Corporation, and before that, as an Investment Banking Analyst for Deutsche Bank Alex. Brown in its global transportation and logistics group. Mr. Ross was ranked number one for stockpicking by the Financial Times/StarMine in the road and rail industry in 2009 and 2011, and number two in 2010, and ranked number one by The Wall Street Journal's Best on the Street Analysts Survey in the industrial transportation industry in 2009 and 2010. Mr. Ross earned his B.S./B.A. from Georgetown University with concentrations in finance and international business. He is a Member of the Baltimore CFA Society. Profile
TWST: What's going on in the leasing market, in general, at this point?

Mr. Ross: From a truck-leasing perspective, I think the market has stabilized somewhat. Going forward, with the new engines and