The Coyote Curve forecast model has identified the volatile market’s next inflection point and urges shippers to take advantage of opportunities in Q2 2019, according to United Parcel Service (UPS).
Global third-party logistics company, Coyote Logistics, has reportedly analysed three concurrent cycles – seasonal demand, annual procurement and more elusive market capacity – to help supply chain managers identify recurring patterns that can lead to better informed supply chain and logistics decisions.
“To remain competitive, companies must understand the forces that affect market shifts,” said Coyote Chief Strategy Officer, Chris Pickett. “The market is vast, fragmented and dynamic, and market capacity cycles are often only visible in the rearview. From the Coyote Curve, we know seemingly sudden market shifts are moves-in-the-making several quarters in advance, and by comparing current cycle data to historical data, it can help forecast the trajectory of the market.”
Coyote Logistics combines a diverse, centralised transportation marketplace matching more than 10,000 shipments daily. The company provides multimodal solutions including truckload, less than truckload and intermodal. Coyote became a UPS company in 2015, is headquartered in Chicago and currently has more than 3,000 employees operating across 20 offices worldwide.