FleetCore Weekly Freight & 3PL Market Insights
Market Shifts: Spot Rate Resurgence?
West Coast FTL Volumes See a Temporary Rebound
- A spike in import container activity out of Los Angeles & Long Beach ports created a short-term FTL surge into AZ, NV, and TX.
- Intermodal congestion redirected more loads to the truckload market.
- Dry van spot rates on high-volume lanes (LA–Phoenix, LA–Dallas) saw 5–8% increases.
FleetCore Insight: If you’ve got capacity in SoCal, maximize margins while rates tick up—rebalance when volume shifts East next week.
Reefer Market: Produce Season Kickoff
Texas Valley Heats Up First
- The South Texas produce season officially kicked off with early harvests in McAllen, TX.
- Brokers are scrambling for reefer capacity moving northbound into Atlanta, Chicago, and the Carolinas.
- Reefer rates rose 10–15% YoY on key produce lanes.
What to Do: Prioritize your reefer network planning now. Position carriers southbound with reload strategies to earn loyalty during peak season.
Legal & Compliance: Broker Bond Pressure
FMCSA Eyes Increase in Broker Bond Minimums
- The FMCSA is revisiting a proposal to increase broker bond requirements from $75,000 to $250,000, citing increasing claims from unpaid carriers.
- This could have major implications for smaller brokerages and newcomers.
What You Can Do Now: Ensure your current bond provider can scale with you. Larger brokerages like FleetCore may benefit as smaller brokers exit the market.
Policy Spotlight: Trump Tariffs Shake Up Imports
New Tariffs Announced April 2 Impact Key Shipper Segments
- President Trump signed a new round of import tariffs affecting steel, electronics, and automotive parts.
- Shippers are rerouting some Asia-origin cargo through Mexico and Canada to avoid direct tariff hits.
Broker Opportunity: Promote cross-border solutions and transload services to clients sourcing goods internationally.
Infrastructure Update: Midwest Bottlenecks
I-70 Indiana Construction to Impact Eastbound Freight
- A long-term lane reduction on I-70 near Indianapolis is slowing freight heading toward Columbus, OH and Eastern PA.
- Reports of hour-long delays during peak hours.
Plan Ahead: Reroute via I-74 or push deliveries into off-peak time slots. Shippers will appreciate the transparency.
Market Forecast: The Outlook This Week
- Capacity remains stable, but availability is tighter in reefer and West Coast dry van.
- Flatbed remains soft nationwide, with housing starts still low.
- Best margin zones: McAllen, Laredo, Southern California, and Atlanta outbound.