Thursday, November 10, 2015
According to data from the U.S. Census Bureau, the state of Michigan accounted for 6.5% of total U.S. commodity and goods trade with other countries in 2014 with almost 65% of that entering the U.S. through the Port of Detroit. There are some economists that believe Detroit could use its strategic location, access to railways, and its proximity to the Great Lakes as a way of leveraging other existing assets in and around the city to make Detroit into a major international freight hub. One of those economists is Dr. Michael H. Belzer, Associate Professor of Economics at Wayne State University. Dr. Belzer teaches industrial organization, macroeconomics and transportation and is the founder of the Transportation Research Board Committee on Trucking Industry Research. During his 13 years as chairman of the TRB he has done extensive research on Detroit’s viability as a major international port. The D.A.B.E. is proud to have Dr. Belzer present some of his findings and to discuss some of the potential opportunities to the region or what might be lost if the appropriate investment needed in and around the city is not made in a timely manner. I truly hope you can join the D.A.B.E. for what is sure to be an intriguing discussion on the pros and cons of making Detroit a preeminent logistics hub.
The meeting will be held on Thursday, November 12, 2015 at the Detroit Branch of the Federal Reserve Bank of Chicago in downtown Detroit. Directions are attached. The meeting will begin with registration and lunch at 11:30 AM and our speaker will begin promptly at noon.
Please RSVP to Katherine Nelson at Katherine.Nelson@chi.frb.org by Tuesday, November 10, 2015 to register for this event.