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August 12, 2022 | Trucker Tools

Where’s the Freight? Texarkana, Northern Ontario, New Castle and Gary Hot Markets Over Next Week

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Happy Friday, trucking family, and welcome to your end of week edition of “Where’s the Freight?,” Trucker Tools’ free freight market report for owner ops and trucking companies. Over the next five to seven day period, you can expect Texarkana, Texas, once again to be a hot spot for both reefer and flatbed capacity, with the city’s reefer market topping today’s Top Five Hottest Markets list. Also of note in today’s market report is that two dry van markets appear in our Top Five, as many flatbed markets have cooled in recent weeks due to rising interest rates and declining demand for building materials. If you run power only loads, you’ll want to avoid loads to/from Portland, Ore., in the coming week, as demand and rates are projected to be extremely low.

For more insights into which freight markets will see high and low demand this week, check out the rest of this Friday edition of “Where’s the Freight?” below.

Where Freight Demand/Rates Will Be Highest or Rising This Week

  • Flatbed demand and rates for Texarkana, Texas, are projected to be high. Demand for flatbed capacity for Texarkana, Texas, and Montreal, Quebec, is expected to increase.
  • Reefer demand and rates for Texarkana, Texas, are likely to be extremely high. Demand for reefer capacity inbound to and outbound from Winnipeg, Manitoba, is projected to increase slightly.
  • Power only demand and rates for New Castle, Del., are likely to remain elevated. Power only demand to/from Philadelphia is expected to rise.
  • Dry van demand and rates for Northern Ontario and Gary, Ind., will be high. Dry demand to/from Ithaca, N.Y., is likely to increase.

Where Freight Demand/Rates Will Be Lowest or Falling This Week

  • Flatbed demand and rates for Washington D.C. will be very low.
  • Reefer demand and rates for Billings, Mont., and Reno, Nev., are projected to be low.
  • Power only demand and rates for Portland, Ore., and Washington D.C. will be extremely low. Power only demand to/from New Orleans, Mobile, Ala., and Jonesboro, Ark., likely will decline.
  • Dry van demand and rates for Eastern Ontario are expected to decrease.

Trucker Tools’ Market Insights and Industry News

  • Five Hottest Markets this week: 1. Texarkana, Texas (reefer), 2. Texarkana, Texas (flatbed), 3. Northern Ontario (dry van), 4. New Castle, Del. (power only), and 5. Gary, Ind. (dry van).
  • Five Coldest Markets this week: 1. Portland, Ore. (power only), 2. Washington D.C. (flatbed), 3. Billings, Mont. (reefer), 4. Washington D.C. (power only), and 5. Reno, Nev. (reefer).
  • Market To Watch: In the coming week, demand for flatbed capacity to/from Texarkana, Texas, is projected to more than double.  
  • According to the latest U.S.D.A. Specialty Crops National Truck Rate Report, there are capacity shortages in Delaware, Maryland, Eastern Shore Virginia, Southwestern Indiana, Southeastern Illinois and Southeastern Missouri, as well as slight shortages in Eastern North Carolina.
  • The latest SONAR Sightings from FreightWaves indicates that Little Rock, Ark., is among those smaller markets that are seeing an uptick in outbound freight volume in recent weeks.
  • ATRI is reporting that operating costs in trucking in 2021 hit a 15-year high driven by higher fuel prices, the costs of truck and trailer lease/purchase, driver wages and benefits, and repair and maintenance costs.

For more freight market insights, read our previous market report, “Where’s the Freight? Texarkana, Fargo, Winnipeg, New Castle and Norfolk Highest Demand Freight Markets in Coming Week.”

To download Trucker Tools’ free driver app, visit https://www.truckertools.com/carriers-toolkit/. To start using Trucker Tools’ free carrier software platform, visit https://bookaload.truckertools.com/.

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