News
20 January 2021
Chris Pickett, of Pickett Research, foresees the current boom cycle fading early this year after the months-long acceleration in the second half of 2020: “If this cycle behaves in a way that is in any way similar to truckload cycles over the past 15 years, which I have no reason to think otherwise, I expect to see our peak by the first quarter of this year at the latest, if not the fourth quarter that we just wrapped up. And once we observe that turn in the year-over-year cycle, we can start planning for the subsequent collapse leading into the final deflationary leg of the cycle – before we start all over again.”
Pros to Know: Where are They Now -- Chris Pickett
15 June 2020
Chris Pickett, chief strategy officer of Coyote Logistics, has arguably been through it all. When he first entered the industry right out of college in 1998, he had a front row seat to the first e-commerce evolution – and the ultimate dot com crash in 2001. To say he knows his way around a challenge would be an understatement.
Trucking rates to increase as economy reopens, capacity tightens
28 May 2020
Freight rates and demand are expected to rise as the economy starts to reopen and capacity tightens, analysts said.
In a recent webinar, Chris Pickett, chief strategy officer for Coyote Logistics, said economic recovery is expected in the latter part of the year unless another wave of COVID-19 leads to a second shutdown.
The State of the Freight Market, and What the Path to Recovery May Look Like With Coyote Logistics’ Chris Pickett
29 April 2020
Freightvine host Chris Caplice and Coyote Logistics’ Chief Strategy Officer Chris Pickett discuss how the pandemic in progress continues to alter the freight market and the possible insights derived about the broader economy and the recovery to come.
COVID-19 has brought about rapid economic changes to the freight market.
U.S. Truckers Enjoy Demand Surge But ‘Scary’ Shakeout Looms
24 March 2020
U.S. trucking companies are riding a surge in cargo demand from consumers stockpiling basic goods, but it probably won’t last long. Shipping has picked up pace as the rest of the country shuts down to help control the spread of the coronavirus. Trucks are rolling down traffic-free highways and arriving at distributions centers where workers unload pallets and packages in an eerily empty landscape of closed-down schools, office buildings and malls.
Coyote Logistics: Truckload Rates to Rebound
29 August 2019
Despite a freight slowdown in the first half of 2019, shipper demand is at an inflection point, and spot-market truckload business will rebound in the fourth quarter, according to officials from Coyote Logistics, a UPS Inc.-owned third-party logistics company based in Chicago.
Helping truckload rates return to normal will be the Christmas season and pent-up supply, putting a significant spring in the step of carriers, Chief Strategy Officer Chris Pickett said.