Truckload contract rates rise at fastest pace since 2021, Transportation Insight says
XLI•Truckload contract rate increases reached their fastest pace since 2021 as October tender rejections topped 10%; the brief also cites peak-season capacity pressures and potential new costs for shippers.
1. Tight truckload capacity
Truckload capacity remained tight in October 2026, with tender rejections above 10% and contract rate increases at their fastest pace since 2021. Peak-season rates have historically accelerated from November 16, leaving shippers a narrowing window to secure capacity at current prices.
2. Other shipping costs
A November 4 port labor deadline threatens operations at six Los Angeles and Long Beach terminals as volumes approach three-year highs. UPS and FedEx are prioritizing profitability over volume through surcharges, while new USPS and GLS charges broaden parcel shippers’ cost exposure. A proposed NMFTA rule would price mixed-commodity pallets by overall dimensions and density, potentially raising costs for shippers benefiting from item-level classifications.
