Shippers shift to neutral as cost pressures persist

The BlueGrace Logistics Confidence Index (LCI) tracks shipper sentiment each quarter based on revenue, order, and inventory expectations. Insights are drawn from interviews with more than 100 BlueGrace customers across North America, representing a wide range of industries and transportation modes.

Market Outlook


Shippers entered 2026 with a cautious, measured outlook. Neutral sentiment reached record highs, reflecting steadier expectations after a turbulent 2025.

Revenue growth remained steady with an average forecast of 2%, while positive sentiment edged up slightly to 72%.

Order growth softened from 55% to 44% as shippers adopted a “wait-and-see” approach.

Inventory levels rebounded to 42% positive, signaling more stable stock management.

The overall Consensus Index remained high at 94, indicating strong alignment across respondents.

Freight Rate Volatility held its position as the top logistics challenge, rising 10.8% as pricing instability continues to pressure budgets. Fuel cost concerns increased nearly 10%, while Inventory Management dropped sharply, suggesting normalized supply chains.

Executive Commentary


Randy Ofiara, Vice President of Sales:
“The Q1 2026 Logistics Confidence Index points to a more measured tone across shippers. Revenue and order expectations moderated this quarter as most respondents shifted to a neutral outlook, reflecting cautious optimism amid persistent cost pressure.”

Bryce Williford, Senior Vice President of 3PL Services:
“The Q1 2026 LCI reflects a steady environment for truckload shippers, with freight rate volatility holding as the top concern. Although revenue expectations eased slightly, the strong consensus across all measures suggests a more predictable freight market taking shape.”