Welcome to the Monday edition of Where’s the Freight?,” Trucker Tools’ free market report for owner operators and carriers. As we look ahead to the coming week, you can expect to see extremely low demand for both power only and flatbed capacity in the Brooklyn, N.Y., market, while power only demand is projected to increase in three major port cities. Also of note in today’s edition of “Where’s the Freight?” is that the Dodge City, Kan., reefer market once again is projected to be the highest demand and highest rate freight market in North America this week. If you run dry van, you’ll want to avoid taking loads into or out of the Rapid City, S.D., market over the next five to seven days, as demand and rates are expected to be very low.
To find out what else you can expect from freight markets across the United States and Canada this week, scroll down to read this Monday edition of Trucker Tools’ “Where’s the Freight?”
Where Demand and Rates Are Likely To Be High or Rising
- Gary, Ind., and Southwestern Ontario will see high demand/rates for flatbed capacity this week. You also can expect flatbed demand to increase in the coming week for Shreveport, La., and Rapid City, S.D.
- Dodge City, Kan., and Tucson, Ariz., will continue to be hot markets for reefer over the next five to seven days.
- Fort Wayne, Ind., is expected to be the highest demand/rate power only market in North America this week. Power only demand is expected to rise this week for San Antonio, Jefferson City, Mo., and San Francisco.
Where Demand and Rates Are Likely To Be Low or Falling
- Brooklyn, N.Y., and Rochester, N.Y., will see extremely low demand for flatbed capacity this week.
- Hartford, Conn., and Billings, Mont., will be the least profitable reefer markets for truckers and carriers over the next five to seven days.
- Brooklyn, N.Y., also is projected to be the lowest demand and lowest rate power only market in North America this week.
- Dry van demand for Rapid City, S.D., is projected to decline in the coming week.
Trucker Tools’ Market Insights
- According to the very latest Trucker Tools data, this week the five most profitable markets for truckers and carriers will be: 1. Dodge City, Kan. (reefer), 2. Gary, Ind. (flatbed), 3. Fort Wayne, Ind. (power only), 4. Tucson, Ariz. (reefer), and 5. Southwestern Ontario (flatbed).
- The five least profitable markets for truckers and carriers will be: 1. Brooklyn, N.Y. (power only), 2. Hartford, Conn. (reefer), 3. Brooklyn, N.Y. (flatbed), 4. Rochester, N.Y. (flatbed), and 5. Billings, Mont. (reefer).
- Today’s Daily Market Update from FreightWaves indicates that national outbound tender rejections are up slightly, while national outbound volumes are down slightly.
- Demand for reefer capacity to/from Dodge City, Kan., is projected to be seven times higher this week compared with last year.
- As of yesterday, there were 96 container ships waiting outside Southern California ports.
- The inbound Gary, Ind., flatbed market will favor owner ops and carriers by two to one this week, meaning for each flatbed trailer headed into the area, there should be two loads available.
- A supply chain recovery working group is attempting to restore the flow of goods through the Canadian port city of Vancouver, British Columbia, following flooding, rain storms and landslides that occurred in late November. The port is the fourth largest in North America.
For more market insights, be sure to check out Where’s the Freight? Shreveport, Dodge City, Tucson, Decatur and Gary Hot Markets for Truckers and Carriers
To download the Trucker Tools app, visit https://www.truckertools.com/carriers/. To start using Trucker Tools’ free carrier software platform, visit https://bookaload.truckertools.com/.
