Where’s the Freight? High Demand for Capacity to/from Texarkana, Rapid City, Dodge City, Spokane in the Coming Week
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Welcome to your Monday edition of Trucker Tools’ “Where’s the Freight?,” a free market report for owner operators and carriers that projects where demand for capacity will be highest and lowest over the next five to seven day period.
Many freight forecasts look at previous years’ data to predict what will happen in freight markets. What makes “Where’s the Freight?” different is that the market insights you see in our report are based on recent, real-world transactions and loads. Several hundred of the industry’s leading freight brokers and 3PLs use Trucker Tools’ broker software platform, while 1.4 million drivers and 165,000+ carriers use Trucker Tools’ driver/carrier solutions. By looking at the load postings, load bookings, transactions and other data from these digital platforms, we can predict with high accuracy where demand for capacity will be high and low across North America. With this information, you can target markets where demand/rates are likely to be high and avoid those where demand/rates are likely to be low.
Read on to find out exactly where demand (and rates) are likely to be high, low, increasing and decreasing in the coming week in this Monday edition of Trucker Tools’ “Where’s the Freight?”
Where Demand for Capacity Will Be High or Rising
Demand for flatbed capacity will be high this week to/from Texarkana, Texas, and Rapid City, S.D. Flatbed demand is expected to increase this week inbound to and outbound from Savannah, Ga., and South Bend, Ind.
In the coming week, Spokane, Wash., and Texarkana, Texas, will be the highest demand reefer markets in North America.
Demand for power only capacity is projected to increase this week to/from Bowling Green, Ky., Dubuque, Iowa, and Tallahassee, Fla.
Dodge City, Kan., is likely to be a highest demand dry van market for owner operators and carriers over the next five to seven days.
Where Demand for Capacity Will Be Low or Falling
Fargo, N.D., Brooklyn, N.Y., and Springfield, Mass., are projected to be the least profitable/lowest rate flatbed markets in North America this week. Flatbed demand is expected to fall this week in the Fort Smith, Ark., area.
Over the next five to seven day period, demand for reefer capacity to/from Billings, Mont., and Hartford, Conn., will be extremely low.
If you’re running power only, you’ll want to avoid loads to/from Saginaw, Mich., this week, as demand will be declining.
Trucker Tools’ Market Insights
Today’s data from Trucker Tools’ software platforms indicates that the fivehighest demand/highest rate markets for owner operators and carriers this week will be: 1. Texarkana, Texas (flatbed), 2. Rapid City, S.D. (flatbed), 3. Dodge City, Kan. (dry van), 4. Spokane, Wash. (reefer), and 5. Texarkana, Texas (reefer).
This week, the five lowest demand/lowest rate markets for owner operators and carrierswill be: 1. Billings, Mont. (reefer), 2. Fargo, N.D. (flatbed), 3. Brooklyn, N.Y. (flatbed), 4. Hartford, Conn. (reefer), and 5. Springfield, Mass. (flatbed).
According to FreightWaves’ Daily Market Report, national outbound tender rejections andnational outbound tender volumes are down slightly today.
This week, demand for flatbed capacity to/from Texarkana, Texas, is projected to be 50 percent higher than it was in 2020.
According to the Port of Los Angeles’ executive director, as recently as mid-August, 125 ships were either at berth or anchor (including 37 container ships) at the Los Angeles and Long Beach ports, an all-time high.
Demand for dry van capacity inbound to and outbound from Dodge City, Kan., is projected to be two times higher than it was at the same in 2020.
If you’re traveling through the Northeast today, look out for power outages and flooding, particularly in New York’s Hudson River Valley, caused by tropical storm Henri.
