Welcome to your Monday edition of “Where’s the Freight?,” Trucker Tools’ free market report for carriers and owner operators. In today’s edition of “Where’s the Freight?,” you’ll notice that flatbed markets are heating back up, as three of the five spots in our Top Five Hottest Markets list today are flatbed markets. This week, you can expect high demand for both flatbed and reefer capacity in one major market in Eastern Texas that is no stranger to our top five list. Speaking of reefer, you may want to avoid reefer loads to/from Hartford, Conn., and Billings, Mont., in the coming week, as they will be the lowest demand (and likely lowest rate) reefer markets in North America. This week you also can expect power only demand to rise in two Georgia markets, while power only demand is projected to be extremely low in one region of Alabama.
To discover where demand for flatbed, reefer, power only and dry van capacity will be highest and lowest in the coming week, scroll down to read the rest of this Monday edition of Trucker Tools’ “Where’s the Freight?”
Highest Demand/Highest Rate Markets
- There will be high demand for flatbed capacity to/from Texarkana, Texas, Southwestern Ontario, and Dodge City, Kan., this week. You also can expect flatbed demand to rise for Edmonton, Alberta, and Ithaca, N.Y., over the next five to seven days.
- Texarkana, Texas, is projected to be the highest demand/highest rate reefer market this week.
- Power only demand will increase this week for Savannah, Ga., Macon, Ga., and New Castle, Del..
- Gary, Ind., will be the highest demand dry van market in North America in the coming week.
Lowest Demand/Lowest Rate Markets
- You can expect extremely low demand (and rates) for flatbed capacity inbound to and outbound from Springfield, Mass., and El Paso, Texas, over the next five to seven day period.
- Hartford, Conn., and Billings, Mont., will be the least profitable reefer markets in North America in the coming week. Look for reefer demand to decline this week for Edmonton, Alberta.
- In the coming week, Montgomery, Ala., will be the lowest demand and lowest rate power only market in North America. You can expect power only demand/rates to decrease this week inbound to and outbound from Pittsburgh, Pa., and Portland, Ore.
Trucker Tools’ Market Insights
- The latest data from Trucker Tools’ platforms finds that these are likely to be the five highest demand/highest rate freight markets this week: 1. Texarkana, Texas (flatbed), 2. Southwestern Ontario (flatbed), 3. Gary, Ind. (dry van), 4. Dodge City, Kan. (flatbed), and 5. Texarkana, Texas (reefer).
- This week the five lowest demand/lowest rate freight markets will be: 1. Montgomery, Ala. (power only), 2. Hartford, Conn. (reefer), 3. Billings, Mont. (reefer), 4. Springfield, Mass. (flatbed), and 5. El Paso, Texas (flatbed).
- Today’s Daily Market Update from FreightWaves indicates that national outbound tender rejections are up, while volumes are down slightly.
- Flatbed demand to and from Dodge City, Kan., this week will be 16 times higher than it was during the same week in 2020.
- The National Retail Federation is projecting that imports to the nation’s largest retail container ports will continue at a high rate at least through February 2022.
- This week demand for dry van capacity inbound to and outbound from Gary, Ind., will favor owner operators and carriers by more than two to one, meaning that it’s likely that there will be at least two loads available for each dry van trailer traveling into or out of the region.
For more freight forecasts and market insights, view our previous market report Where’s the Freight? Gary, Edmonton, Texarkana, Savannah and Southwestern Ontario Projected as Best Markets for Truckers/Carriers in Coming Week. To download the Trucker Tools app, visit https://www.truckertools.com/carriers/.
