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Zach Strickland, FW Market Expert & Market Analyst

Zach Strickland, the “Sultan of SONAR,” curates the weekly market update. Zach is also one of FreightWaves’ Market Experts. With a degree in Finance, Strickland spent the early part of his career in banking before transitioning to transportation in various roles and segments, such as truckload and LTL. He has over 13 years of transportation experience, specializing in data, pricing, and analytics.
Jun - 2018 -
13 June
Zach Strickland, FW Market Expert & Market Analyst

Today’s Pickup: Canadian National invests in infrastructure; Fed raising rates; new truck purchases, all good signs

Canadian National is making good on its promises to fix some of their deteriorated infrastructure and ramp up in response to being challenged on their ability to handle surging freight volumes. The Fed is expected to raise rates while trucking companies invest in the future.

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08 June
Zach Strickland, FW Market Expert & Market Analyst

Daimler Trucks of North America will release 2 new data driven services in Q4 2018

Daimler Trucks of North America reveals 2 new services that take a very datacentric approach. One of them will improve the driver experience.

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07 June
Zach Strickland, FW Market Expert & Market Analyst

Daimler throws down the electric gauntlet

Daimler released two electric commercial vehicles at yesterdays Market Days event for investors and media. The commercial vehicle maker just let everyone know their intentions to not only play but win the electric game.

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Zach Strickland, FW Market Expert & Market Analyst

Will the Freightliner eCascadia kill the Tesla Semi?

Incumbent OEMs like Daimler, Volvo, and VW have seized the reins in the electric truck race. The only question is whether trucks like the Freightliner eCascadia will be able to deliver a performance competitive with Elon Musk’s Tesla Semi.

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04 June
Zach Strickland, FW Market Expert & Market Analyst

Los Angeles freight market gets a wake up call off inflow from China

The L.A. market wakes up after a sleepy early spring. With container prices increasing on the spot market, China could be the main factor.

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May - 2018 -
18 May
Zach Strickland, FW Market Expert & Market Analyst

The Missouri River Valley needs attention, according to the tender rejection index

Capacity is tightening in portions of the Missouri valley as warmer temperatures have agriculture shipment volumes and the need for reefers increasing. This could be a sign of the overall market heating up again.

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15 May
Zach Strickland, FW Market Expert & Market Analyst

Today’s Pickup: retail sales are up, trucking companies remain optimistic

Retail sales are in. One more indicator the economy is still rolling along. Trucking companies show signs of continuous improvement.

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08 May
Zach Strickland, FW Market Expert & Market Analyst

Kenco’s Innovation Lab: managing innovation without internal disruption

Companies may tell you they are innovative, but a lot of the time standard procedures and internal structure inhibits the creative process limiting a company’s ability to progress. Kenco has found success by dedicating themselves to the cause.

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03 May
Zach Strickland, FW Market Expert & Market Analyst

The spot market continues to degrade as freight market stabilizes

The spring season has yet to see an event big enough to move carriers from their newly executed contracts.

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02 May
Zach Strickland, FW Market Expert & Market Analyst

Carrier confidence has impacted freight markets as much as capacity

Freight rates have increased significantly in a short period of time over the past year. Aside from shipping volume increases and driver shortages, there is another less discussed factor at play.

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01 May
Zach Strickland, FW Market Expert & Market Analyst

CarrierLists combines forces with SaferWatch to provide new level of carrier management tool

Carrier Lists combines their carrier sourcing information with SaferWatch’s assessment data to provide a unique consolidated service for freight brokers.

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Zach Strickland, FW Market Expert & Market Analyst

Today’s Pickup: April is in the books, trucking companies prepare for warmer weather and market conditions

The first month of the second quarter is in the books. While the economy shows it is still going strong, there is some tempering in the freight market. Trucking companies are still uncertain with what lies ahead.

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Apr - 2018 -
26 April
Zach Strickland, FW Market Expert & Market Analyst

Echo Global has a booming first quarter

Echol Global Logistics a 3PL based in Chicago busts through earnings estimates in the first quarter. A combination of market conditions and productivity improvements paved the way.

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25 April
Zach Strickland, FW Market Expert & Market Analyst

TRI suggests spot rates will continue to head down in the freight market

DAT is reporting dry van rates are decreasing. The Tender Rejection Index is indicating this trend should continue over the next few weeks.

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Zach Strickland, FW Market Expert & Market Analyst

The Easter Bunny and egg recall cause egg prices to spike with transportation costs a big factor

The Rose Acre Farms egg recall had im-peck-able timing occuring right after the Easter season. Here is how the freight industry had a hand in egg price increases.

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24 April
Zach Strickland, FW Market Expert & Market Analyst

Today’s Pickup: Technology offers solutions to driver retention; blockchain keeps us healthy

Driver retention is a hot button topic in trucking right now. Some trucking companies are focusing their technological improvements on helping create a better environment for their pivotal employees.

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21 April
Zach Strickland, FW Market Expert & Market Analyst

Digital apps are not replacing load-boards anytime soon

The third installment of CarrierLists and FreightWaves load sourcing survey has more of the same. We dig a little deeper to see something about the industry that is seemingly obvious, but is it?

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Zach Strickland, FW Market Expert & Market Analyst

Digital apps are not replacing load-boards anytime soon

The third installment of CarrierLists and FreightWaves load sourcing survey has more of the same. We dig a little deeper to see something about the industry that is seemingly obvious, but is it?

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19 April
Zach Strickland, FW Market Expert & Market Analyst

Today’s Pickup: ELDs, sensing technology, and trucking

ELD hard enforcement had its impact on rates months ago, but the physical impacts to drivers and people on the ground is still an issue. Autonomous vehicle technology is progressing rapidly. 

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17 April
Zach Strickland, FW Market Expert & Market Analyst

DAT reporting a softening spot market

DAT reported flat to lower rates in this weeks national averages. The TRI has been suggesting a softening market for the past few weeks. 

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Zach Strickland, FW Market Expert & Market Analyst

Today’s Pickup: Trucking markets climbing, and are still looking up

The first quarter of 2018 has come to a close. While volatile, many transportation companies saw growth and shippers are recognizing a potential shift in who has the leverage in the marketplace for the first time in years. 

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16 April
Zach Strickland, FW Market Expert & Market Analyst

XPO Connect has a chance to make a statement for incumbent logistics providers in the digital marketplace

XPO announced it is releasing a consolidated digital platform into the marketplace. XPO Connect is the latest digital offering by a transportation provider attempting to offer more visibility an functionality to its customers. 

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14 April
Zach Strickland, FW Market Expert & Market Analyst

Density based pricing is nothing new

A push for density-based pricing is happening in the less-than-truckload (LTL) segment of the transportation industry, but it’s nothing new. 

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13 April
Zach Strickland, FW Market Expert & Market Analyst

Today’s Pickup: Big trucking is embracing the technological revolution

The technological revolution is underway in supply chain management. The big companies are investing heavily in growing this largely ignored aspect of the industry. 

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10 April
Zach Strickland, FW Market Expert & Market Analyst

The digital broker needs to think outside the app

The second wave of survey results from CarrierLists shows a similar result as the first. Little to no freight is being sourced by the digital app. The developers may need to dig a little deeper. . 

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Zach Strickland, FW Market Expert & Market Analyst

Today’s Pickup: Trump and China give freight markets one less thing to think about

Trump and China cool off which should allow the economy and subsequently the transportation industry some respite. China creepily leading the pack on AI. 

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06 April
Zach Strickland, FW Market Expert & Market Analyst

The ELD “hard” enforcement period is almost a week old, but the freight markets are responding with a shrug

Freight market activity is stabilizing as carriers move into new contract cycles. The ELD hard enforcement period appears to be a non-factor so far. 

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05 April
Zach Strickland, FW Market Expert & Market Analyst

Sorry Chicago spot fans, the action is in the contract freight market

The Chicago area is considered a keystone to many freight networks and as such a reliable indicator to the overall health of the trucking industry. WIth all the talks of trade wars and ELDs signs point to a remarkably stable environment, but for how long?

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03 April
Zach Strickland, FW Market Expert & Market Analyst

ELD-driven capacity shortage or April Fools?

There has been a lot of hype surrounding the arrival of the hard enforcement period of ELD carrier compliance, but according to the Tender Rejection Index it has mostly been a non-factor to the overall freight market. 

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Zach Strickland, FW Market Expert & Market Analyst

Carriers still getting majority of loads directly from shippers, while digital apps are a non-factor

Transportation is increasing its usage of technology in many areas, but apparently relationships still drive the small to mid-size carrier market when it comes to load generation. Freight brokers could also be blind to an untapped resource…until now. 

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02 April
Zach Strickland, FW Market Expert & Market Analyst

Today’s Pickup: Trade war threats loom as ELD enforcement begins

Trump and China continue to trade blows as threats of a trade war increase. The ELD mandate gets the next level treatment as enforcement gets real. 

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Mar - 2018 -
28 March
Zach Strickland, FW Market Expert & Market Analyst

The South heats up, but Atlanta is burning with freight

Spring has sprung in the Southeast as warmer weather sends shippers into full throttle. The unofficial capital of the South is leading the way according to a new index. Could this mean higher rates in an already heated market?

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26 March
Zach Strickland, FW Market Expert & Market Analyst

Severe weather in Texas and Oklahoma could slow early spring volume spikes and provide rails with more excuses

A wet pattern continues in the middle to eastern sections of the country, making it difficult for carriers to manage surging spring volumes coming out of the south. This impacts all modes of transportation including the beleaguered rail lines.  

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23 March
Zach Strickland, FW Market Expert & Market Analyst

Freight costs increase the price of Cheerios, but the future may provide other options

General Mills is citing higher freight costs as a reason for lower than expected earning. This is not an uncommon issue in today’s marketplace. There could be solutions coming in the future. 

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21 March
Zach Strickland, FW Market Expert & Market Analyst

Charleston turns up the heat in winter as Savannah cools

An new opportunity in an old port town is being largely ignored by the trucking community. Charleston South Carolina is showing signs of rapid expansion as the freight market cools down in the more voluminous Savannah. 

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Zach Strickland, FW Market Expert & Market Analyst

Winter weather gives truckers another reason to avoid the Northeast

As record setting winter weather continues to disrupt all forms of transportation in America, the Northeast sees dramatic declines in freight acceptance. 

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