According to a report released yesterday, transportation capacity tightened even further during the month of May. While this doesn’t come as a huge surprise if you’re in trucking, it’s notable that the report predicts that tight capacity and higher rates are likely to continue for at least the next year.
In this mid-week edition of Trucker Tools’ “Where’s the Freight?,” you’ll see that demand for dry van is expected to remain sky-high in the coming week. All five of today’s Top Five Hottest Markets are dry van markets, while three of today’s five Up Markets are dry van markets, as well. In the coming week, you can expect to see demand for reefer capacity inbound to and outbound from Harrisburg, Pa., increase, while demand for dry van and reefer capacity to/from Atlanta is projected to be extremely low over the next five to seven days. Also of note: demand in two key Texas reefer markets is expected to drop off in the coming week.
For more insights into which markets will be the most and least profitable over the next week, scroll down to read the rest of today’s “Where’s the Freight?,” Trucker Tools’ free market report for truckers and carriers.
Best Markets for Truckers and Carriers
- Demand for reefer to and from Harrisburg, Pa., and Houston is likely to increase this week.
- Miami, St. Louis, New Brunswick, N.J., Jefferson City, Mo., and Brooklyn, N.Y., will be the highest-demand dry van markets for truckers and carriers in the coming week. Demand for dry van is expected to increase this week for Washington D.C., Portland, Ore., and Columbus, Ohio.
Worst Markets for Truckers and Carriers
- Atlanta and San Antonio will be the least profitable reefer markets for truckers and carriers over the next five to seven days. Expect demand for reefer capacity running inbound to and outbound from Dallas to decrease this week.
- Demand for dry van to/from Atlanta, Portland, Ore., and Indianapolis will be extremely low in the coming week. Dry van demand also is expected to decrease this week to and from Dallas.
Trucker Tools’ Market Insights
- According to the latest Trucker Tools data, the five best markets for truckers and carriers this week will be: 1. Miami (dry van), 2. St. Louis (dry van), 3. New Brunswick, N.J. (dry van), 4. Jefferson City, Mo. (dry van), and 5. Brooklyn, N.Y. (dry van).
- The five worst markets for truckers and carriers will be: 1. Atlanta (dry van), 2. Atlanta (reefer), 3. Portland, Ore. (dry van), 4. San Antonio (reefer), and 5. Indianapolis (dry van).
- Port congestion at both PortMiami and Port Everglades is creating long wait times for some truckers.
- Demand for dry van capacity to and from St. Louis currently is twice as high as it was at this time last year. For New Brunswick, N.J., demand for dry van is three times higher than in 2020.
- The Dallas reefer market will favor shippers by a ratio of 5:1 in the coming week, meaning that for every load, approximately five trucks will be available.
- Manufacturing is the largest industry in New Brunswick, N.J.
- Johnson & Johnson, Colgate-Palmolive, Proctor & Gamble, Sony, Nike and Adidas are headquartered in New Brunswick, N.J.
For more information on where demand will be high and low, read Where’s the Freight? Miami, St. Louis, San Diego, San Antonio and Columbus Best Markets for Truckers/Carriers This Week. To download the Trucker Tools app, visit https://www.truckertools.com/carriers/.
