Truckers: Target Grand Junction, Tucson, South Bend and Austin This Week
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Knowing where demand for trucks will be high in the future is priceless. When you know in advance which markets are likely to pay higher rates, you have time to get your truck(s) into those regions to capitalize on high demand. The same holds true for markets where demand and rates are low or decreasing. Knowing in advance where rates will be on the downswing gives you time to get your truck(s) out of those areas and into more profitable ones. The Trucker Tools’ Market Index Report provides you with this information three times each week. The best part? Our Market Index Reports are free for drivers and carriers.
In today’s Market Index Report, you’ll see that Grand
Junction, Colo., is projected to be the hottest flatbed market in the nation in
the coming week. Tucson, Ariz., will continue its reign as the best reefer
market for truckers over the next five to seven days, while Austin, Texas, and
Roanoke, Va., are expected to be among the best power only markets for truckers
this week.
Hot Markets
Expect the Grand Junction, CO, flatbed market to heat up and be one of the hottest flatbed markets in the country in the coming week. Demand for flatbed in and out of Cheyenne, WY., will increase this week.
Tucson, AZ., and South Bend, IN., will continue to be two of the best reefer markets in the nation for truckers. Our Market Index also shows that demand for reefer capacity will be increasing over the next five to seven days for Corpus Christi, Texas, and Southwest Ontario (Canada).
The best power only markets in the country will be Austin, Texas, and Roanoke, VA. Demand for power only will rising this week for Jacksonville, FL, and Baltimore.
Cold Markets
Duluth, MN, Spokane, WA, and Montreal, Quebec (Canada), will be three of the coldest markets for flatbed in the coming week. Expect demand for flatbed to decrease for Montgomery, AL, as well.
Reefer rates are projected to be low over the next five to seven days for Hartford, CN, and Seattle.
Power only demand and rates are projected to fall this week for Philadelphia.
Trucker Tools’ Market Insights
Demand for power only capacity in and out of Austin, Texas, currently is five times higher than it was at this time last year.
Roanoke, VA, is making its first appearance this month on our hot power only markets list.
Toshiba Mitsubishi-Electric Industrial Systems Corporation, Altec Industries and Steel Dynamics all have manufacturing facilities in Roanoke, VA.
For the 10th week in a row, Tucson, AZ, is the hottest reefer market in the country.
Demand for flatbed in and out of Duluth, MN, is approximately 75 percent lower than it was at this time last year.
FreightWaves SONAR Insights
Trucker Tools is partnering with FreightWaves to provide you with information on current market trends. In today’s SONAR Daily Market Update, FreightWaves is reporting that outbound tender rejections (which measures demand) are rising for Chicago, Indianapolis, Houston, Atlanta and Elizabeth, N.J. On the flip side, outbound tender rejections have decreased slightly for Lakeland, Fla., Charlotte, N.C., Ft. Worth, Texas, Dallas and Kansas City, Mo.
