A Message from the Divisional President
Published: 06/15/26
As we head into the summer season, I want to take a moment to thank each of you for your continued collaboration and support. Your commitment to our organization and the clients we collectively serve is what drives our success, and we truly appreciate the trust you place in our team every day.
As we move into the second half of the year, there are encouraging signs that the freight market is beginning to move in a more positive direction. While freight demand has remained uneven, the broader market is showing meaningful improvement in supply-demand balance, driven largely by tightening capacity and disciplined fleet behavior. Industry research indicates that capacity contraction, including ongoing carrier exits and driver availability constraints, has begun to shift the market toward firmer rate conditions. [actresearch.net]
At the same time, the trucking industry continues to serve as the backbone of the U.S. economy. According to the US Department of Transportation Bureau of Transportation Statistics in 2024 the U.S transportation system moved 20 billion tons annually, growing at an estimated 1.2 percent tonnage per year between 2024 and 2050 (Freight Facts and Figures | Bureau of Transportation Statistics). From an employment standpoint, the sector remains stable, with approximately 3 – 3.2 million truck drivers in the U.S. in 2026, reflecting steady labor demand despite prior market softness. [eldtnation.com]
While we are not yet seeing a full demand rebound, these indicators point to a more constructive and balanced market environment than what we experienced over the past 18–24 months. For our agents and clients, this evolving environment presents opportunity:
- More stable pricing conditions compared to the volatility of prior years
- Improved carrier discipline, supporting long-term service reliability
- A market that is increasingly positioned for gradual, sustainable growth
As always, our focus remains on delivering consistent claim service, underwriting discipline, and tailored solutions that support your business and your clients’ success. If there is anything we can do for you, please do not hesitate to reach out!
Wishing you and your families and safe and enjoyable summer!
