Uber Freight’s Q2 2026 Market Update warns of an accelerated peak season in U.S.-Mexico freight markets, with cross-border rates climbing up to 30% since February. Produce exports through Laredo surged over 36% YoY in March, driving reefer rate spikes—including a 43% jump in Fresno-to-Chicago reefer spot rates. Diesel prices rose to $5.64/gallon amid Middle East disruptions, while B-1 driver shortages and FMCSA’s non-domiciled CDL rule threaten ~40,000 drivers annually. Mexico’s freight trucking sector grew 1.8% in Q1 2026—outpacing national GDP growth of 0.4%. Shippers are urged to tender freight 4–5 days ahead and lock in reefer capacity early.
Uber Freight’s latest market outlook suggests shippers relying on U.S.-Mexico supply chains face a significantly tighter freight market through the second half of 2026.
Mexico produce exports drive demand
One of the strongest themes in the report is the impact of Mexico’s agricultural exports on cross-border freight markets. Uber Freight said produce volumes moving through Laredo are experiencing one of the heaviest seasons on record. March shipments of citrus, fruits and nuts from Mexico were up more than 36% compared to the same period in 2025, while total exports moving through Laredo increased 8% year over year.
The surge in agricultural freight has helped pull trucking capacity toward key cross-border corridors and produce-growing regions.
According to the report, carriers have increasingly shifted equipment to take advantage of stronger dry van rates, creating capacity shortages for dry van shippers and contributing to broader market tightening.
Uber Freight noted that Fresno-to-Chicago reefer spot rates jumped 43% in a single month, while produce transportation rates from California to Chicago increased nearly 25% in recent weeks.
The company advised shippers to tender freight four to five days in advance on cross-border lanes and secure reefer capacity early before summer demand peaks.
Cross-border rates climb
Uber Freight said freight rates between Mexico and the U.S. have risen sharply since February. The report’s Mexico outlook found cross-border rates are up 8% to 15% across the market, while some major corridors have seen increases approaching 30% in just two months. Fuel inflation, produce demand and driver shortages are combining to create upward pressure on transportation costs.
The report also highlighted declining availability of B-1 commercial drivers, a trend that has become increasingly important for carriers serving cross-border freight markets. Uber Freight listed falling B-1 driver capacity among the primary factors tightening Mexico-U.S. freight networks.
Fuel prices add new pressure
At the same time, transportation providers are facing rapidly rising fuel costs. Uber Freight reported the national average diesel price reached $5.64 per gallon in May, up from $3.72 per gallon in February. The increase was driven largely by geopolitical disruptions in the Middle East and reduced oil flows through the Strait of Hormuz.
The company noted that fuel surcharges are becoming a growing issue in cross-border transportation because many Mexico freight lanes do not have standardized fuel surcharge programs.
Shippers should review fuel surcharge agreements, shorten surcharge adjustment cycles and add fuel accessorials where necessary, Uber Freight said.
Capacity tightening across North America
Beyond cross-border markets, Uber Freight reported truckload conditions are tightening nationwide despite what is normally a softer seasonal period. Van spot rates increased 24.8% year over year in April, reefer rates rose 26.3%, and flatbed spot rates climbed 23.7%. Meanwhile, spot market volumes were up 44% year over year. First-tender acceptance rates slipped to 82%, while route-guide compliance fell to 86%, forcing more freight into the higher-cost spot market.
Uber Freight said regulatory changes are also contributing to capacity constraints. The company estimates the Federal Motor Carrier Safety Administration’s non-domiciled CDL rule could remove roughly 40,000 drivers annually over the next five years, tightening available capacity even further.
Supply chains remain volatile
International freight markets continue to face uncertainty as geopolitical conflicts, tariff policy changes and shifting sourcing strategies alter global trade flows. Uber Freight said global schedule reliability remains near 63%, while companies continue diversifying sourcing away from China and adjusting supply chains in response to changing trade policies.
“The window to get ahead of these conditions is narrowing,” the report said, urging shippers to secure capacity earlier, closely monitor tender acceptance rates and develop contingency plans for critical domestic and cross-border lanes.
Mexico freight trucking sector outpaces broader economy in Q1
Mexico’s freight trucking sector grew 1.8% in the first quarter of 2026, outpacing both the broader transportation sector and Mexico’s overall economy as cross-border and domestic cargo demand remained resilient.
According to data from Mexico’s National Institute of Statistics and Geography (INEGI), the transport, postal and warehousing sector expanded 0.4% during the quarter, while Mexico’s gross domestic product increased 0.4% annually, reported Mexico Business News.
Freight trucking accounted for 51.4% of the GDP generated by Mexico’s transport, postal and warehousing sector and represented 3.8% of national GDP during the quarter.
Houston-based Lovett Industrial and Peakline Real Estate Funds have broken ground on North Park Logistics Center, a 1.14 million-square-foot Class A cross-dock industrial facility in Glendale, Arizona.
The project will be developed on nearly 56 acres in Metro Phoenix’s Southwest Valley, with direct access to Northern Parkway, Loop 303 and Interstate 10, according to a news release.
The speculative development is designed to serve large-scale distribution users and will feature 40-foot clear heights, 197 dock doors, 29 knockout panels and extensive trailer parking.
The first phase is scheduled for delivery in the second quarter of 2027, with a planned second phase adding approximately 623,000 square feet. The project is being marketed and leased by CBRE.
Source: FreightWaves
Compiled from international media by the SCI.AI editorial team.
