What makes Trucker Tools’ free market report “Where’s the Freight?” different from other market reports and predictions is that our forecasts aren’t based on previous years’ data. Instead, we use the most current load and truck data from our platforms to predict with high accuracy where demand for trucks will be highest and lowest over the next five to seven days. This is an important difference to highlight because the COVID-19 pandemic is breaking records and making previous years’ freight movements unreliable when it comes to forecasting the future.
In this Wednesday edition of “Where’s the Freight?,” reefer dominates our Top Five Hottest Markets list, with Dodge City, Kan., projected to be the highest demand reefer market in North America over the coming week. Also notable in today’s market report is that both the highest demand and lowest demand dry van markets this week are likely to be in Alberta, Canada. On the flatbed side, you can expect demand for flatbed capacity to be on the rise this week to/from Rapid City, S.D., while demand for power only is expected to surge inbound to and outbound from El Paso, Texas.
Read on to find out where else demand/rates will be highest and lowest across North America in the coming week in this Wednesday edition of Trucker Tools’ “Where’s the Freight?”
Where Demand/Rates Will Be Increasing or High
- You can expect Southwestern Ontario to be the highest demand flatbed market in North America over the next week. Demand for flatbed also is projected to rise this week to/from Rapid City, S.D., and Texarkana, Texas.
- Demand for reefer inbound to and outbound from Dodge City, Kan., Tucson, Ariz., and Fayetteville, Ark., will be relatively high in the coming week. Reefer demand is likely to increase this week for Edmonton, Alberta, as well.
- Demand for power only is expected to increase this week inbound to/outbound from El Paso, Texas, and San Diego.
- Edmonton, Alberta, is projected to be the highest demand dry van market in North America over the next five to seven days.
Where Demand/Rates Will Be Decreasing or Low
- Hartford, Conn., and Fargo, N.D., likely will be the least profitable flatbed markets in North America this week.
- Demand for reefer capacity is projected to be extremely low this week inbound to and outbound from Cheyenne, Wyo., and Billings, Mont.
- Demand for power only is likely to decrease this week to/from Roanoke, Va., and Portland, Ore.
- Calgary, Alberta, will remain the lowest demand/lowest rate dry van market in North America over the next five to seven days.
Trucker Tools’ Market Insights
- According to the very latest Trucker Tools data, the five best markets for owner operators and carriers this week will be: 1. Dodge City, Kan. (reefer), 2. Tucson, Ariz. (reefer), 3. Fayetteville, Ark. (reefer), 4. Edmonton, Alberta (dry van), and 5. Southwestern Ontario (flatbed).
- The five worst markets for owner operators and carriers this week will be: 1. Hartford, Conn. (flatbed), 2. Fargo, N.D. (flatbed), 3. Calgary, Alberta (dry van), 4. Cheyenne, Wyo. (reefer), and 5. Billings, Mont. (reefer).
- According to yesterday’s FreightWaves Daily Market Report, national outbound tender rejections were down slightly, while national outbound tender volumes were up.
- If you run reefer, you may want to make Dodge City, Kan., a priority this week, as reefer loads inbound to Dodge City, Kan., will outnumber available trucks by two to one this week.
- According to today’s USDA Specialty Crops National Truck Rate Report, there are capacity shortages for the San Luis Valley in Colorado, Southwestern Indiana, Southeast Illinois, Delaware, Maryland and Eastern shore of Virginia.
- Demand for reefer capacity to/from Fayetteville, Ark., is projected to be two times higher this week than it was at the same time in 2020.
- Due to its geographical location, Edmonton, Alberta, is a major distribution and logistics hub for freight. It also is projected to be the top dry van market in North America this week.
Don’t forget to check out Where’s the Freight? Lexington, El Paso, Tucson, Southwestern Ontario and Texarkana Projected To Be Top Markets for Truckers This Week for more forecasts and market insights. To download the Trucker Tools mobile app, visit https://www.truckertools.com/carriers/.
