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US Trucking March 2026. Nearly 50 percent of flatbed requests are being declined. 20,000 fleets are missing from the market. Contract rates are rising for the first time in four years.
The Hormuz crisis drives bunker prices to a multi-year high. HSFO rises by 36.5%, VLSFO by 26.4%. Shipping companies respond with surcharges on freight rates.
The conflict in the Middle East is reducing global air freight capacity by over 20 percent. Major cargo hubs such as Dubai and Doha are heavily restricted.
India plans twenty new waterways and is strengthening road logistics. The aim is to reduce logistics costs and establish sustainable transport corridors.
Geopolitical tensions in the Gulf are leading to risk premiums and potential route adjustments. Shipping companies are reevaluating schedules and safety protocols.
Analyses expect fleet growth of up to 6 percent by 2026 with only a 2.6 percent increase in demand. Oversupply is depressing spot rates and impacting carrier margins.