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The Load Letter What the market is telling you to say Week of July 06–July 11, 2026 |
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01 Capacity Tightened On Trucks Leaving, Not Demand DAT's Truckload Volume Index showed dry van spot topping contract rates for the first time since 2022, and every data point behind it points to a supply-side story, not a demand one. FTR's Trucking Conditions Index jumped to 20.4 in May from 11.6 in April, the best reading on record, while Class 8 orders climbed for a seventh straight month. Flatbed and ag-adjacent freight are still soft underneath, so this tightening is real but uneven, hitting hardest on the lanes where carriers already thinned out.
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02 Carrier Vetting Is Now A Legal Document The Montgomery broker liability case got sent back to Illinois district court, keeping the negligent-selection question alive for the rest of the year, and FreightWaves flagged that the same Supreme Court logic stripping brokers of preemption defense is now reaching truck leasing companies too. At the same time, eight people got indicted in a ten million dollar cargo theft ring built on carrier impersonation, and Indiana State Police recovered twelve stolen loads worth over eleven million dollars since April. Vetting isn't a compliance checkbox anymore, it's the thing standing between you and a lawsuit or a stolen load.
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03 Ports Are Front-Loading Ahead Of July 24th Transpacific ocean rates are up a hundred and twenty percent since mid-May and East Coast lanes are up eighty-five percent, as importers rush containers in ahead of the Section 122 tariff expiration on July 24th. The National Retail Federation is projecting an all-time record month for U.S. port volume, which means a wave of drayage and inland freight is about to hit Long Beach, Savannah, Houston, and the New York-New Jersey complex over the next two to three weeks, right as Savannah opens its new Brampton Road Connector on July 16th.
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This week's numbers
Source: DAT and EIA · Week of July 8, 2026 | ||||
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This week's sources Montgomery lawsuit likely headed back to Illinois district court · FreightWaves Mexico's new customs rules could expose bad supply-chain data, CrimsonLogic warns · FreightWaves What the Best Fleets to Drive For Teach About Driver Retention · Trucking Info Descartes adds last-mile tech in latest deal · FreightWaves Lovesac taps contract freight to navigate higher fuel costs · Supply Chain Dive La-Z-Boy advances cost-cutting distribution revamp · Supply Chain Dive Kenvue surpasses 2025 plastic reduction target, falls short on recyclability · Supply Chain Dive Service sector expanded at slower pace in June · Transport Topics AscendTMS expands fraud-fighting toolkit with SearchCarriers integration · FreightWaves Eight charged in alleged $10 million international cargo theft conspiracy · FreightWaves Toyota to shift some Tacoma output to Texas from Mexico · Transport Topics Delta pilot reports firework hit plane above Chicago · Transport Topics | ||||
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That is the read for this week. Hit reply if any of these lanes are yours and you want to talk one through. Andrew The Load Letter |
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theloadletter.com |
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