Welcome to your midweek edition of “Where’s the Freight?,” Trucker Tools’ free freight market report for owner operators and carriers. In every edition of “Where’s the Freight?,” you’ll find out where demand and rates are likely to be highest and lowest across the United States and Canada over the next week.
In the coming week, Tucson, Ariz., and Jonesboro, Ark., will continue to be hot spots for reefer freight. You can expect demand for reefer capacity to/from Dodge City, Kan., to increase this week, as well. There also will be an uptick in demand for dry van capacity inbound to and outbound from Gary, Ind., over the next five to seven day period. While many flatbed markets have cooled in recent weeks, you can expect flatbed demand to rise this week to/from Lexington, Ky., and Texarkana, Texas. Finally, Fort Wayne, Ind., is expected to see high demand for power only capacity over the next week.
For more insights on hot and cold markets in the coming week, check out the rest of this Wednesday edition of “Where’s the Freight?” below.
Where Freight Demand/Rates Are Likely To Be High or Rising This Week
- Flatbed demand and rates for Lexington, Ky., and Texarkana, Texas, likely will increase.
- Reefer demand and rates to/from Tucson, Ariz., Jonesboro, Ark., and Winnipeg, Manitoba, will be relatively high. Demand for reefer capacity to/from Dodge City, Kan., is projected to rise.
- Power only demand and rates for Fort Wayne, Ind., and Springfield, Mass., are expected to remain relatively high. Demand for power only capacity to/from Mobile, Ala., is expected to increase.
- Dry van demand and rates for Gary, Ind., likely will increase.
Where Freight Demand/Rates Are Likely To Be Low or Falling This Week
- Flatbed demand and rates for Fargo, N.D., Vancouver, British Columbia, Brooklyn, N.Y., and Minot, N.D., are likely to be low. Demand for flatbed capacity to/from Memphis, Tenn., is expected to decline.
- Reefer demand and rates for Pittsburgh will continue to be very low.
- Power only demand and rates for Toledo, Ohio, are projected to decrease.
Trucker Tools’ Market Insights and Industry News
- In the coming week, these are likely to be the five most profitable freight markets for drivers and carriers: 1. Tucson, Ariz., (reefer), 2. Jonesboro, Ark. (reefer), 3. Fort Wayne, Ind. (power only), 4. Winnipeg, Manitoba (reefer), and 5. Springfield, Mass. (power only).
- The five least profitable freight markets for drivers and carrierslikely will be: 1. Fargo, N.D. (flatbed), 2. Pittsburgh (reefer), 3. Vancouver, British Columbia (flatbed), 4. Brooklyn, N.Y. (flatbed), and 5. Minot, N.D. (flatbed).
- Yesterday’s Daily Market Update from FreightWaves indicates that national outbound tender rejections are up and national freight volumes are down slightly.
- In the coming week, the Fargo, N.D., flatbed market will favor shippers by more than two to one.
- Today’s Fruit and Vegetable Truck Report from the USDA indicates that there are capacity shortages in Eastern North Carolina and slight shortages reported in Colorado’s San Luis Valley, Central and Southern Florida, and Georgia.
- According to FTR, diesel fuel prices and softening freight rates caused its Trucking Conditions Index to register a negative score for March, the first negative score since May 2020.
If you missed the previous edition of our free freight forecast for carriers and drivers, read it here: “Where’s the Freight? Fort Wayne, Tucson, Springfield, Rapid City and Winnipeg Top Freight Markets for Carriers and Owner Ops This Week.”
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