Welcome to the mid-week edition of “Where’s the Freight?,” Trucker Tools’ free freight forecast for drivers and fleets. Our free market report is your go-to source for finding out which markets across the United States and Canada will see high and low demand and rates over the next five to seven day period.
In today’s “Where’s the Freight?,” you’ll notice that Tucson, Ariz., once again ranks number one in our Top Five Hottest Markets list. This should come as no surprise, as May and June are some of the highest produce volume months for Arizona. Over the next week, you can expect flatbed demand to be relatively high for the Rapid City, S.D., market, and for power only demand to increase to/from Fort Wayne, Ind. If you run dry van, you’ll want to avoid loads inbound to and outbound from Central Ontario this week, as demand and rates are projected to be extremely low in the region.
For more on what to expect from freight markets this week, scroll down to read the rest of this newest edition of “Where’s the Freight?” below!
Where Demand and Rates Are Likely To Be High or Increasing This Week
- Flatbed demand and rates for Rapid City, S.D., and Texarkana, Texas, are projected to be elevated.
- Reefer demand and rates for Tucson, Ariz., Dodge City, Kan., and Texarkana, Texas, are likely to be high. Reefer demand for Winnipeg, Manitoba, and Jonesboro, Ark., is projected to rise.
- Power only demand and rates for Fort Wayne, Ind., Springfield, Mass., and Toledo, Ohio, are expected to increase.
Where Demand and Rates Are Likely To Be Low or Decreasing This Week
- Flatbed demand and rates for Fargo, N.D., and Northern Ontario likely will be extremely low.
- Reefer demand and rates for Pittsburgh are expected to be very low.
- Power only demand and rates for Richmond, Va., are projected to be low.
- Dry van demand and rates for Central Ontario will be low. Dry van demand to/from Ottawa, Ontario, is likely to decline.
Trucker Tools’ Market Insights and Industry News
- The five most profitable markets for drivers and carriers this week: 1. Tucson, Ariz., (reefer), 2. Rapid City, S.D. (flatbed), 3. Dodge City, Kan. (reefer), 4. Texarkana, Texas (reefer), and 5. Texarkana, Texas (flatbed).
- The five least profitable markets for drivers and carriers this week: 1. Fargo, N.D. (flatbed), 2. Pittsburgh (reefer), 3. Northern Ontario (flatbed), 4. Central Ontario (dry van), and 5. Richmond, Va. (power only).
- Demand for reefer capacity to/from Tucson, Ariz., this week is projected to be two times higher than it was during the same week in 2021.
- Baby formula and its ingredients such as corn syrup, casein, hydrolyzed protein and whey now are included in the COVID-19 Emergency Declaration.
- This week, the Texarkana, Texas, reefer market will favor owner ops and fleets by four to one.
- Today’s USDA Specialty Crops National Truck Rate Report indicates that there are produce capacity shortages in Central and Southern Florida and in Eastern North Carolina.
- According to the Energy Information Administration’s May 23 report, the national average price of diesel decreased by 4.2 cents this week to $5.571/gallon.
For more insights into hot and cold markets, check out “Where’s the Freight? Tucson, Jonesboro, Dodge City, New Castle and Rapid City Top Markets for Fleets and Owner Ops This Week.”
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