FreightWaves-Ryder Report: Capacity Tightens as 2026 Logistics Landscape Takes Shape
As the first quarter of 2026 unfolds, a new benchmark report co-presented by FreightWaves and supply chain giant Ryder paints a detailed picture of a global freight industry in transition. The analysis, drawing on proprietary data across key transportation modes, signals persistent pressure on capacity alongside volatile rate environments.
The "State of the Industry" report for February provides granular breakdowns of capacity, shipment volumes, and pricing trends. It highlights a continued decoupling between truckload spot and contract rates, while ocean freight lanes show signs of rebalancing post the Lunar New Year closures. Intermodal rail, the report suggests, faces both opportunity and challenge from fluctuating drayage capacity at key inland ports.
"This isn't just a snapshot; it's a roadmap," said a senior analyst involved with the report. "The data points to a market where agility and visibility are no longer just advantages—they're prerequisites for survival. Shippers who lean into this intelligence can better navigate the expected turbulence in lead times and costs over the next 4-6 weeks."
The report's release comes amid broader economic signals of cautious consumer spending and ongoing inventory recalibration, factors that directly influence freight demand. Industry observers will be watching to see if the tightening capacity outlined in the report translates into sustained rate increases or if softer demand acts as a counterbalance.
Industry Voices React
Michael Thorne, Logistics Director at a Midwest manufacturer: "The data on intermodal drayage bottlenecks is exactly what we're experiencing. This report validates our shift to more dynamic routing. It's a crucial tool for our quarterly planning."
David Chen, Freight Procurement Specialist: "The rate volatility forecast is concerning but not surprising. The key takeaway for me is the emphasis on data-driven contract renegotiations. Blind renewals are a recipe for disaster in this climate."
Sarah Jenkins, Owner-Operator Advocate: "Here we go again. Another report talking about 'tight capacity' while ignoring the root cause: driver and carrier retention. Rates might be up on paper, but operating costs are devouring profits. This 'overview' overlooks the human element keeping these wheels turning."
Anita Rossi, Global Supply Chain VP: "The cross-modal comparison is invaluable. It confirms our strategy to diversify away from over-reliance on any single transportation mode. The maritime analysis, in particular, helps us lock in longer-term ocean contracts with more confidence."
The complimentary full report is available for download from FreightWaves.