Topic:
Planes, Trains, & Automobiles: The Outlook for the Transportation, Shipping, and Logistics Industries
Program Highlights: Companies in the transportation, shipping and logistics sectors continue to face challenges as a result of, among other factors, legacy costs, competition, operating challenges, and exposure to the macroeconomic environment. As evidenced by the repeat trips through chapter 11 by many transportation and shipping companies, accomplishing a restructuring involves addresssing difficult and complex financial and operational issues. To address restructuring opportunities in this sector, an experienced panel of experts ranging from executives, financial advisors, and attorneys will provide an overview of the economic drivers and challenges facing these industries, while focusing on key segments to closely watch and specific observations about the longer term outlook.
Moderator:
Timothy A. Turek, is a CTP and Managing Director at Conway MacKenzie, Inc. Tim has over 15 years of experience working with distressed domestic and international companies. He has been debtor FA, CRO, expert witness, provided valuation and due diligence, advised on transactions and provided supply risk analysis for companies in, trucking and logistics, automotive parts suppliers, government/military contract manufacturers, construction, distribution and personal service organizations. Prior to Conway MacKenzie, Mr. Turek worked with BBK where he led its logistics group providing analysis and support to automotive manufacturers including GM, Chrysler, Toyota and Mercedes.
Panelists:
Hugh E. Sawyer, is a Managing Director at Huron Consulting Group. He provides strategic services to clients facing corporate turnarounds and restructurings in complex environments. He leads the Operational Improvement Service Line for Huron's Financial Consulting Practice. Mr. Sawyer has more than 30 years of experience leading turnarounds, bankruptcies, operational improvement and mergers and acquisitions for both public and private companies across a diverse group of industries. He has served as the President or CEO of seven companies, including four transportation and logistics companies.
David L. Eaton, is a partner at Kirkland & Ellis, LLP. David concentrates his practice in the representation of debtors, financial institutions, bondholders, unsecured creditors and committees, in financial restructuring matters and bankruptcy planning, negotiation and litigation. He also represents purchasers of financially troubled companies. Some of his representative clients include YRC Worldwide Inc., Flying J Inc., Sea Containers Ltd., Cardinal Logistics, Inc., Collins & Aikman Corporation, Harnischfeger Corporation (now Joy Global, Inc.) and Source Interlink Companies, Inc.
Brian Stewart, is a CTP, CPA and a Director with The Keystone Group. For nearly twenty years he has provided leadership across all functions of his clients and has been an advisor in many different types of transportation companies servicing a variety of industries including: automotive, building products, electronics, consumer products, food, industrial equipment, steel products, and apparel. These Turnaround projects have included out-of-court and Chapter 11 restructurings, 363 sales, refinancing and recapitalization solutions, and operational improvement initiatives for under-performing businesses. On numerous occasions, Brian has served as an interim CFO and in the role of CRO.
Agenda
7:30am - 9:30am
Location
The Standard Club
320 S. Plymouth Court
Chicago, IL
Cost
Members $40
Guest of Member $20
Non-Member $65
Students $15
To register online,
click here.