Annual Review & Outlook 2014: SDV Americas

We envision 2014 with cautious optimism. We anticipate continued low but steady growth in the U.S. and believe we will see Europe find its footing during the course of the year. We forecast sustained cost pressures in the supply chain will continue to be felt in 2014. Oversupply associated with instability in fuel costs will impact ocean and air freight rates for the foreseeable future.

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