This is usually one of the slowest times of the year in trucking. Not this year, however. Distribution of several different COVID-19 vaccines, an increase in volumes at ports and the possibility of a second stimulus are all driving sustained demand for trucks. Companies have developed better systems and protocols for dealing with COVID-19 outbreaks, which has helped manufacturing rebound. Factories are better able to restock inventories and that is driving demand for capacity, as well. As Americans continue to largely stay at home during the pandemic, demand for home deliveries and home renovation supplies also remains high.
More heavy snow and whiteout conditions are expected today and tomorrow in the southern Colorado Rockies, Northern New Mexico, southeastern Utah and parts of Arizona. Heavy winds also are forecast for the Sacramento Valley and Sierra Nevada. Drive safely, everyone!
Hot Markets
- Expect favorable flatbed rates over the next
five to seven day period for Southwestern Ontario (Canada), Rapid City,
S.D., Allentown, Pa., Dodge City, Kan., and Gary, Ind.
- Today’s Market Index shows demand for reefer will
be high in the coming week for Tucson, Ariz., Grand Junction, Colo., and
Montreal.
- Cheyenne, Wyo., and Gary, Ind., will remain hot markets
for dry van this week.
Cool Markets
- Flatbed rates
will fall slightlythis week for Yakima, Wash., Corpus Christi,
Texas, Flagstaff, Ariz., and Minot, N.D.
- You can expect reefer rates for Reno, Nev., to
decrease slightly in the coming week.
- Rates/demand for power only are projected to
fall in the next five to seven days for Jefferson City, Mo., El Paso,
Texas, and Washington D.C.
Trucker Tools’ Market Insights
- Demand for van capacity in Cheyenne, Wyo., is
approximately 50 percent higher than it was at the same time last
year.
- Both the inbound and outbound flatbed markets for Allentown,
Pa., will heavily favor drivers and carriers this week.
- Agriculture and livestock are two of the top industries
in Grand Junction, Colo., which is likely driving demand for reefer
capacity there.
- Several meat processors/distributors are headquartered
in Grand Junction, Colo., including Grand Valley Foods, Inc.
- Both the flatbed and van markets in Gary, Ind.,
will heavily favor drivers and carriers in the coming week.
FreightWaves SONAR Insights
Cool Markets
- Flatbed rates will fall slightlythis week for Yakima, Wash., Corpus Christi, Texas, Flagstaff, Ariz., and Minot, N.D.
- You can expect reefer rates for Reno, Nev., to decrease slightly in the coming week.
- Rates/demand for power only are projected to fall in the next five to seven days for Jefferson City, Mo., El Paso, Texas, and Washington D.C.
Trucker Tools’ Market Insights
- Demand for van capacity in Cheyenne, Wyo., is
approximately 50 percent higher than it was at the same time last
year.
- Both the inbound and outbound flatbed markets for Allentown,
Pa., will heavily favor drivers and carriers this week.
- Agriculture and livestock are two of the top industries
in Grand Junction, Colo., which is likely driving demand for reefer
capacity there.
- Several meat processors/distributors are headquartered
in Grand Junction, Colo., including Grand Valley Foods, Inc.
- Both the flatbed and van markets in Gary, Ind.,
will heavily favor drivers and carriers in the coming week.
FreightWaves SONAR Insights
FreightWaves SONAR Insights
Trucker Tools has teamed up with FreightWaves to offer you additional insights into current trends, including info on which markets will be hot and cold in the coming week for truckers like you. FreightWaves’ Daily Market Update today shows that demand for capacity is rising in Houston, Chattanooga, Tenn., Allentown, Pa., Lakeland, Fla., and Harrisburg, Pa. The Daily Market Update also reports that demand for trucks is falling in Ft. Worth, Texas, Los Angeles, Ontario, Calif., and Dallas. Freight volume is up for Detroit, Columbus, Ohio, Joliet, Ill., and Stockton, Calif.
Stay tuned for the next Market Index Report, which is published on Trucker Tools’ social media and blog on Mondays, Wednesdays and Fridays. For more insights on where to go for the best rates, read Montreal, Cheyenne, Ottawa and Chicago Some of the Hottest/Coldest Markets for Truckers. To download Trucker Tools’ free driver app, visit https://www.truckertools.com/carriers/.
