Happy Friday, truckers and carriers, and welcome to your Friday edition of “Where’s the Freight?,” Trucker Tools’ free market report that helps you maximize your profits by forecasting where demand for capacity will be highest and lowest in the coming week.
In this end-of-week edition of “Where’s the Freight?,” you’ll notice that once again, Texarkana, Texas, claims two spots in our Top Five Hottest Markets list, including the number one spot. In the coming week, you can expect to see reefer demand remain high in beef and produce markets across the Southern U.S., while power only demand is projected to be on the upswing in distribution markets on both the East and West Coasts. If you run dry van, you’ll want to avoid accepting loads into Huntington, W. Va., this week, as dry van rates and backhaul opportunities likely will be very low in the area. This week, you also can expect demand for flatbed capacity to increase to/from Southwestern Ontario, one of Canada’s largest manufacturing and technology hubs that also accounts for nearly 40 percent of Canada’s GDP.
To discover where you stand to make the highest profits over the next five to seven day period, scroll down to read this Friday edition of Trucker Tools’ “Where’s the Freight?”
Have a great weekend, everyone!
Hottest Markets
- Texarkana, Texas, once again is projected to be the highest demand/highest rate flatbed market in North America in the coming week. You can expect demand for flatbed capacity to increase this week to/from Southwestern Ontario.
- Lexington, Ky., Texarkana, Texas, and Tucson, Ariz., will be the top reefer markets for truckers over the next five to seven days. Reefer demand is projected to rise this week to/from Dodge City, Kan.
- You can expect demand for power only capacity to increase this week to/from Huntington, W. Va., Decatur, Ala., and Stockton, Calif.
- Edmonton, Alberta, will be the highest demand/highest rate dry van market in North America in the coming week.
Coldest Markets
- Demand/rates for reefer inbound to and outbound from Hartford, Conn., and Shreveport, La., will be extremely low this week.
- You can expect extremely low demand/rates for power only capacity to/from Pendleton, Ore., and Fort Worth, Texas, over the next five to seven day period. Demand for power only capacity is projected to decrease in the coming the week for Albuquerque, N.M., and San Francisco.
- You’ll want to avoid accepting dry van loads to/from Huntington, W. Va., this week, as it’s projected to be the lowest-demand dry van market in North America in the coming week.
Trucker Tools’ Market Insights
- According to data from Trucker Tools’ software platforms, this week the five highest demand/highest rate markets will be: 1. Texarkana, Texas (flatbed), 2. Edmonton, Alberta (dry van), 3. Lexington, Ky. (reefer), 4. Texarkana, Texas (reefer), and 5. Tucson, Ariz. (reefer)
- This week the five lowest demand/lowest rate markets will be: 1. Pendleton, Ore. (power only), 2. Fort Worth, Texas (power only), 3. Hartford, Conn. (reefer), 4. Shreveport, La. (reefer), and 5. Huntington, W. Va. (dry van).
- Today’s FreightWaves Daily Market Update shows that national outbound tender rejections are down slightly, while volumes are up slightly.
- This week demand for reefer capacity to/from Lexington, Ky., will be twice as high as it was at the same time in 2020.
- According to the latest USDA Specialty Crops National Truck Rate Report, there currently are produce capacity shortages in the San Luis Valley in Colorado, Delaware, Maryland, Eastern Shore Virginia, Southwestern Indiana, Southeastern Illinois, the Yakima Valley and Wenatchee District in Washington state, and Central Wisconsin.
- Manufacturing and transportation are two of the primary industries in Texarkana, Texas, which appears twice in today’s Top Five Hottest Markets list.
- According to a new report from Research and Markets, an increase in e-commerce sales is expected to fuel significant growth of the local freight trucking market in the coming years.
Don’t forget to view our previous market report, Where’s the Freight? Texarkana, Lexington, Southwestern Ontario, Edmonton and Huntington Best Markets for Truckers/Carriers in Coming Week, for more market insights. To download the Trucker Tools app, visit https://www.truckertools.com/carriers/.
