Weather Updates:
- Freeze protection services are currently active in Alaska, Canada, the Midwest and New England markets. For shipments containing freezable freight, ensure freeze protection service is added. Please note that this service brings additional charges and transit delays.
- A strong winter storm hit New England states receiving 1–2 feet of snow, with localized amounts near 24 inches. Wind gusts of 40–55 mph inland and up to about 70 mph along exposed coasts caused whiteout conditions, coastal flooding, and power outages. Estimated transit times are returning to normal, however, localized delays may still occur due to backlogged freight.
Small Parcel Updates:
- UPS Location Optimizations: UPS is closing 22 package sorting facilities and truck terminals across 18 states in 2026, including its older Atlanta hub, as part of a network reconfiguration to shift operations to more efficient, automated sites. In Atlanta, the company is specifically expanding its South Fulton SMART center with advanced automation for faster package processing.
LTL Updates:
- Diesel Rates: National diesel prices increased, up $0.112 from last week, averaging $3.809 per gallon, $0.112 higher than the same time last year, and $0.249 lower than two years ago. The New England region was the] only one to experience a decrease, down $0.014 to $4.201 per gallon.
- New AAA Cooper Location: AAA Cooper Transportation, an LTL carrier owned by Knight-Swift Transportation Holdings, purchased a long-idle, 24‑acre former FedEx freight terminal in West Phoenix for about $30 million to expand its staging and distribution capacity. AAA Cooper currently operated operates about 70 terminals with nearly 4,200 tractors (trucks) and 11,000 trailers.
Truckload Updates:
- Market Activity: Spot load posts were down 6% from last week, and spot truck posts increased 2.4%. The Load-to-Truck Ratio (LTR) was down for vans and reefers, while up for flatbeds for the third week in a row.
- Outbound Tender Rejection Index (OTRI): The OTRI rose slightly week over week to 13.91, up from 13.60, signaling a modest tightening in overall capacity. Conditions varied by mode: dry van rejection rates eased, refrigerated remained mostly unchanged, and flatbed saw a sharp increase, indicating notable tightening in open-deck capacity. The overall rise in OTRI appears driven primarily by flatbed strength rather than broad-based tightening across all equipment types.
- Dry Van: National van demand decreased by 11.2% to a 8.29-1 LTR nationally, with the highest demand spread across the United States, other than CA and IL, exceeding 5.5+ to 1 LTR. The spot rate per mile (RPM) for dry vans is up $0.10 from January, averaging $2.42 nationally, with the Midwest holding the highest RPM at $2.82. The VOTRI is beginning to show signs of regression, currently sitting at 13.32, compared to last week’s value of 13.94.
- Flatbed: National flatbed demand increased by 3.0% to 56.92-1 LTR, with the highest demand spread across the United States, other than RI at over 18+ to 1 LTR. The flatbed spot RPM is up $0.13 from January, averaging $2.71 nationally, with the Midwest region holding the highest RPM at $2.97. The FOTRI continues to surge, sharply increasing to 40.54, compared to last week’s value of 27.22.
- Reefer: National reefer demand decreased by 15.6% to a 14.07-1 LTR nationally, with the highest demand spread across the United States, other than CT, IL, MD, and RI at over 12+ to 1 LTR. The sport RPM for reefers is up $0.9 from January, averaging $2.90 nationally, with the highest rates in the Midwest at $3.42. The ROTRI held steady at 22.16 from last week.
International Updates:
- FBX Trends: Container rates were marginally up from last week with the global average cost of an FBX container up $9 to $1,946, FBX01 container average down 3% to $1,834 and FBX03 down 1% to $3,027.
- Port of Los Angeles: Currently vessels are averaging 4.1 days at berth with the port reporting a 33.66% YOY volume increase from 20 scheduled vessels during the week of February 22, 2026. For the week of March 1, container volumes are projected to increase 10.70% YOY from 19 scheduled vessels moving 101,943 TEUs.
Embargoes:
There are no embargoes currently impacting our freight network.