The Load Letter — May 7, 2026 | Freight Market Briefing

Oil dropped nearly four percent on Iran ceasefire reports this morning — but one day's price move doesn't unwind months of elevated fuel costs, and shippers are already lining up for contract relief conversations. Today's briefing covers what the Hormuz pause actually means for your FSC math, why RoadCheck blitz week in a tightening dry van market is a rate catalyst you need to act on now, and a perfect storm hitting Miami reefer lanes right now — Mother's Day flowers, watermelon season, and blitz week converging simultaneously. We also get into flatbed tonnage crossing a milestone that puts the freight recession officially in the past tense, what FedEx bringing its MD-11 fleet back online means for expedited ground freight, and a China tariff review that's about to scramble import timelines again. Lock your carriers down before Friday — the brokers who are scrambling then are going to pay for it.