Where’s the Freight? Lexington, El Paso, Tucson, Southwestern Ontario and Texarkana Projected To Be Top Markets for Truckers This Week
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Welcome to your Monday edition of “Where’s the Freight?,” Trucker Tools’ free market report for owner operators and carriers. More than 165,000 carriers, 1.4 million truckers and hundreds of brokers and 3PLs use Trucker Tools’ platforms. Based on the loads posted and movement of trucks across these platforms, we can predict with accuracy where truck demand (and rates) will be highest and lowest over the next week.
In today’s
edition of “Where’s the Freight?,” two Southern U.S. reefer markets are
projected to be the hottest in North America, while two Texas markets
will be top destinations for flatbed and power only this week. This week you
also can expect demand for dry van to be extremely low in two key Canadian
markets. Demand for flatbed will be on the rise in the coming week for one South
Dakota region, and El Paso, Texas, is likely to be the top power only market in
the country.
For more
market projections and insights, scroll down to read the remainder of this
Monday edition of Trucker Tools’ “Where’s the Freight?”
Best Markets for Owner Operators and Carriers
You can expect Southwestern Ontario and Texarkana,
Texas, to be the flatbed markets with the highest levels of demand in North
America over the next week. Demand for flatbed also is likely to increase this
week to/from Rapid City, S.D.
Demand for reefer inbound to and outbound
from Lexington, Ky., and Tucson, Ariz., will be high over the next five to
seven days. Reefer demand is likely to increase this week for Edmonton,
Alberta, Dodge City, Kan., and Texarkana, Texas.
El Paso, Texas, is projected to be the highest demand/highest
rate power only market in North America in the coming week. Demand for
power only is expected to be on the rise this week inbound to and outbound from
San Diego.
Worst Markets for Owner Operators and Carriers
Minot, N.D., and Dodge City, Kan., will be the least
profitable flatbed markets inNorth Americathisweek.
Demand for reefer capacity is projected
to be very low this week inbound to and outbound from Billings, Mont., and
Hartford, Conn. You also can expect reefer demand to fall for Grand Junction,
Colo.
Demand for power only is likely to
decrease this week to/from Saginaw, Mich.
Calgary, Alberta, will continue to be the lowest
demand/lowest rate dry van market in North America over the next five to
seven days. Demand/rates for dry van are likely to decline in the coming week
for Ottawa, Ontario, and Dodge City, Kan.
Trucker Tools’ Market Insights
Today’s Trucker Tools data projects that these will be the fivehighest demand markets for owner operators and carriers this week: 1. Lexington, Ky. (reefer), 2. El Paso, Texas (power only), 3. Tucson, Ariz. (reefer), 4. Southwestern Ontario (flatbed), and 5. Texarkana, Texas (flatbed).
These will be the five lowest demand markets for owner operators and carriers this week: 1. Calgary, Alberta (dry van), 2. Billings, Mont. (reefer), 3. Hartford, Conn. (reefer), 4. Minot, N.D. (flatbed), and 5. Dodge City, Kan. (flatbed).
Demand for reefer capacity to/from Lexington, Ky., is projected to be two times higher this week than it was at the same time in 2020.
Nearshoring (sourcing goods and services from a nearby country such as Mexico rather than a distant one such as China) is gaining popularity with supply chains throughout North America, according to a report from FreightWaves.
In the coming week, flatbed loads are projected to outnumber available trucks inbound to Texarkana, Texas, by a ratio of two to one.
According to information released last week, approximately 26,000 Class 8 truck orders were recorded in July of 2021, 25 percent higher than in July of 2020.
