Weather Updates:
- Freeze protection services are currently active in Northern Canada. Shipments containing temperature‑sensitive freight should have a freeze protection service added. Please note that this service may incur additional charges and could impact transit times.
- Severe weather disruptions in the Midwest and Northeast are expected to have little impact on overall transit times and service due to moving quickly through the region.
Small Parcel Updates:
- FedEx One Rate Increase: Effective April 20, 2026, FedEx One Rate flat-rate pricing will increase across all eligible U.S. shipments using FedEx packaging, with updated rates applied by service level (Express Saver, 2Day, Overnight) and zone (local, regional, national, including Alaska and Hawaii). The increase varies by package type and delivery speed, with higher changes generally seen for overnight and national-zone shipments, and the new pricing replaces the prior One Rate tables as of that date.
LTL Updates:
- Diesel Rates: National diesel prices decreased, down $0.035 from last week, averaging $5.608 per gallon, $2.029 higher than the same time last year, and $1.593 higher than two years ago. The Rocky Mountain region saw the largest decrease, down $0.156 to $5.256 per gallon.
- TL Freight Slip: As truckload capacity tightens amid rising fuel and operating costs, regional shippers are selectively moving smaller, shorter haul shipments into LTL networks to protect service consistency and better manage freight spend. While this remains a tactical shift rather than a broad modal change, it is adding incremental pressure to LTL carrier networks and cross‑dock operations, potentially creating minor transit delays in certain markets.
TL Updates:
- Outbound Tender Rejection Index (OTRI): OTRI slipped to 13.65 from 13.74, signaling slight loosening in truckload capacity. Lower van and refrigerated rejections drove the decline, partially offset by stronger flatbed activity. Overall, capacity remains relatively tight, but momentum is moderating as seasonal demand is met with better-distributed supply.
- Market Activity: Spot load postings declined 1.5% week over week, while spot truck postings increased by 2.5%. The Load-to-Truck Ratio (LTR) elevated for flatbed but decreased for van and reefer. Meanwhile, the Freightwaves Pricing Power Index fell to 65, remaining in a carrier-favorable market.
- Dry Van: National dry van demand softened further from last week, declining 10.3% to a 7.6:1 LTR. The highest demand is broadly distributed across the U.S., excluding CA, IL, MI, ND, and NE, where LTRs exceed 5.5:1. National dry van spot rates increased $0.19 per mile from March to $2.71, led by the Midwest at $2.87. The VOTRI continues to soften, down to 13.54 from 14.31 last week, suggesting contract compliance is improving as networks stabilize following the post–quarter-end reset.
- Flatbed: National flatbed demand rebounded from last week’s fall, up 13.1% to an 80.9:1 LTR. Elevated demand is spread across most of the U.S., excluding ND, with markets exceeding an 18:1 LTR. National flatbed spot rates climbed $0.35 per mile from March to $3.44, led by the Southeast at $3.51. The Flatbed Outbound Tender Rejection Index (FOTRI) bounced back after last week’s decline, up to 42.93 from 35.58 the week prior, pointing toward continued strength in industrial and construction-related freight, which is typical for this time of year.
- Refrigerated: National reefer demand tumbled for the fourth week in a row, down 16.4% to a 13.4:1 LTR. The strongest demand is broadly distributed across the U.S., excluding CT, FL, IL, MA, MD, MN, NE, NH, and RI, where LTRs remain above 12:1. National reefer spot rates increased $0.20 per mile from March to an average of $3.18, led by the Midwest at $3.39. The Reefer Outbound Tender Rejection Index (ROTRI) declined to 17.16 from 17.48 the previous week, reflecting improved truck positioning across key produce regions despite ongoing seasonal demand.
International Updates:
- FBX Trends: Lane specific container rates continued to rise week over week, with the global FBX average increasing 3.0% to $1,877. The FBX01 average rose 3% to $2,488, while FBX03 increased 10% to $3,678.
- Port of Los Angeles: Vessels are currently averaging 3.6 days at berth. The port reported a 10.76% YOY decrease in volume from 19 scheduled vessels during the week of April 12, 2026. For the week of April 19, container volumes are projected to decline 0.98% YOY, with 22 scheduled vessels expected to move approximately 118,622 TEUs.
Embargoes:
There are no embargoes currently impacting our freight network.