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Q2:2026 Freight Index Forecast

You’ve long used data for forecasting, budgeting and other strategic initiatives. But the volume of data is skyrocketing and one of the great modern business challenges is knowing what data matters and what to dismiss.

Each quarter, AFS collaborates with TD Cowen, a leading full-service investment bank, to bring you current, highly relevant data and insights that matter to your business.

AFS-1122-Q2-2026-FI-LP

Freight index forecast key takeaways for Q2:2026

  • Supply-side squeeze pushes truckload pricing to highest levels since 2022

  • Continued focus on higher-margin freight and soaring diesel prices push LTL index to new peak

  • Parcel pricing hits record levels as carriers capitalize on surging fuel prices, though uneven discounting can offer shippers some relief.

Download the Full Q2:2026 TD Cowen/AFS Freight Index

What is the freight index?

The TD Cowen/AFS Freight Index offers a unique and comprehensive view of both past market performance and rate forecasts for the immediate future quarter, for full truckload shipping, less-than-truckload shipping and parcel shipping, both express and ground.

Massive client historical data and current macro and microeconomic factors are carefully evaluated and selected, with their impact built into our predictive models.