Happy Wednesday, everyone. Welcome to your mid-week edition of “Where’s the Freight?,” Trucker Tools’ three-times-a-week free market report for owner operators and carriers. In each and every edition of “Where’s the Freight?,” you’ll discover where demand for capacity and rates are likely to be highest and lowest in the next five to seven day period. In the coming week, we’re likely to see a surge in power only demand in several Eastern U.S. markets. You also can expect reefer demand to be elevated this week in two areas of the country known for their beef production, while two Canadian markets make our Top Five Hottest Markets list in today’s edition of “Where’s the Freight?” You’ll want to avoid taking flatbed loads into and out of Brooklyn, N.Y., and Yakima, Wash., this week, as both are expected to be extremely low-demand, low-rate markets.
Read on to find out exactly where demand and rates are projected to be highest, lowest, increasing and decreasing in the coming week in this Wednesday edition of Trucker Tools’ “Where’s the Freight?”
High/Rising Demand Markets
- Southwestern Ontario is projected to be the highest demand/highest rate flatbed market in North America in the coming week.
- Texarkana, Texas, and Lexington, Ky., will be the top reefer markets in the coming week. Reefer demand likely will increase this week to/from Dodge City, Kan.
- Demand for power only capacity will be high over the next five to seven days to/from Huntington, W. Va. You can expect demand for power only capacity to increase this week to/from Decatur, Ala., New Castle, Del., Pittsburgh, and Bloomington, Il.
Low/Falling Demand Markets
- Brooklyn, N.Y. and Yakima, Wash., will be the lowest demand flatbed markets in North America this week.
- Demand/rates for reefer capacity inbound to and outbound from Billings, Mont., and Hartford, Conn., will be low this week.
- Pendleton, Ore., once again will be the lowest demand power only market over the next five to seven day period. Demand for power only capacity is projected to decline this week for Syracuse, N.Y.
Trucker Tools’ Market Insights
- According to the very latest Trucker Tools data, the five best markets for truckers this week will be: 1. Texarkana, Texas (reefer), 2. Lexington, Ky. (reefer), 3. Southwestern Ontario (flatbed), 4. Edmonton, Alberta (dry van), and 5. Huntington, W. Va. (power only).
- The five worst markets for truckers will be: 1. Pendleton, Ore. (power only), 2. Billings, Mont. (reefer), 3. Fargo, N.D. (flatbed), 4. Yakima, Wash. (flatbed), and 5. Hartford, Conn. (reefer).
- This week demand for reefer capacity to/from Texarkana, Texas, will be four times higher than it was at the same time in 2020.
- DOT numbers suggest the number of new CDLs issued in the U.S. last year was down about 30 percent due to COVID-19 related closures of training schools and licensing agencies.
- In the coming week, the Pendleton, Ore., power only market will favor shippers by a ratio of more than three to one, meaning for every load going into and out of the region, there will be at least three trucks available.
- The Port of New Orleans, Louisiana’s largest port, re-opened last week following a three-day closure due to Hurricane Ida.
For more freight forecasts and market insights, see Where’s the Freight? Southwestern Ontario, Texarkana, Springfield and Huntington Highest Demand/Rate Markets This Week. To download the Trucker Tools mobile app, visit https://www.truckertools.com/carriers/.
