Where’s the Freight? Columbus, Rapid City, Texarkana, Tucson and Southwest Ontario
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Happy Friday! In your Friday edition of “Where’s the Freight?” you’ll see that three of the five hottest markets in the next week will be flatbed markets, reflecting a nation-wide increase in demand for flatbed capacity. Construction and manufacturing are driving the increase in demand and rates for flatbed capacity. You’ll also find that Little Rock, Ark., is making its first appearance in “Where’s the Freight?” as one of the areas where demand for flatbed will be rising in the next five to seven days. Several markets in Texas are projected to be hot for this week for truckers and carriers, as well, as the state recovers from recent winter storms that left millions without power and water, and caused multiple multi-car/truck accidents. We’re wishing all of you in Texas a speedy recovery and sunny skies.
Where Demand for Trucks Is High, Rising
Rapid City, S.D., Southwest Ontario (Canada), and
Texarkana, Texas, are projected to be the top three flatbed markets
for truckers and carriers in the coming week. Flatbed demand will be
rising this week in and out of Little Rock, Ark., and Grand Junction,
Colo.
Tucson, Ariz., will continue its reign as the top
reefer market in the country for truckers over the coming week. Demand
for reefer capacity will be on the rise this week for Spokane, Wash.
Power only capacity will be in high demand for
Columbus, Ohio, this week. Demand and rates for power only are
expected to rise for Jacksonville, Fla., and El Paso, Texas.
Where Demand for Trucks Is Low, Falling
Stockton, Calif., will continue to be the coldest flatbed
market in the nation this week.
Demand for reefer capacity will remain low in
and out of Hartford, Conn., and Reno, Nev., over the next five to seven
days.
The Bloomington, Ill., power only market will be
one of the least desirable for truckers and carriers in the coming week.
The Calgary, Alberta (Canada), dry van market
also will be a cold one for truckers and carriers. You can expect that
demand and rates for dry van will be falling for Rapid City, S.D.
Trucker Tools’ Market Insights
Based on today’s data from Trucker Tools’ software platforms, the top five markets for truckers and carriers over the next week will be: 1. Tucson, Ariz. (reefer), 2. Rapid City, S.D. (flatbed), 3. Southwest Ontario (flatbed), 4. Texarkana, Texas (flatbed), and 5. Columbus, Ohio (power only).
Based on the most current data, the five coldest markets for truckers and carriers over the next week will be: 1. Calgary, Alberta (dry van), 2. Bloomington, Ill. (power only), 3. Hartford, Conn. (reefer), 4. Stockton, Calif. (flatbed), and 5. Reno, Nev. (reefer).
Demand for power only capacity in and out of Columbus, Ohio, is approximately five times higher than it was at this time last year.
Tucson, Ariz., has been the best reefer market for truckers and carriers for the last 12 weeks in a row.
The United States imports $4.8 billion in fresh vegetables and $4.3 billion in fresh fruits from Mexico each year.
Dassault Aviation and steel pipe manufacturer Welspun Tubular both operate manufacturing facilities in Little Rock, Ark., which is likely driving demand for flatbed capacity there.
FreightWaves: Lanes To Target
Trucker Tools is partnering with FreightWaves to help you identify profitable lanes for the coming week. In today’s Daily Outlook, FreightWaves reports that tightening capacity is driving spot rates up for Jacksonville, Allentown, Harrisburg, Elizabeth, Ontario, Dallas and Philadelphia. Imports coming in through the Port of New York/New Jersey have increased and reload opportunities out of Chicago are plentiful, which is why Elizabeth to Chicago is expected to be a profitable lane for truckers and carriers this week. Elizabeth to Charlotte also is expected to be a hot lane for truckers over the next week, as Elizabeth’s outbound tender rejection rate, which measures demand, is at 27 percent, meaning one out of every four loads is being rejected by carriers. It’s recommended that you stay firm on your rates for Kansas City to Fort Worth this week. Why? Outbound freight volumes are up 31 percent week-over-week for Kansas City, which gives drivers and carriers a significant edge. FreightWaves also is reporting that this lane is likely to heat up even more over the next month due to intermodal freight volume arriving from the West Coast.
