Welcome to your mid-week edition of Trucker Tools’ “Where’s the Freight?,” a three-times-a-week free market report that tells you where demand and rates are likely to be high and low over the next five to seven day period. In this Wednesday edition of “Where’s the Freight?,” the Edmonton, Alberta, reefer market claims the number 1 spot in our Top Five Hottest Markets list. Farmers in Alberta have been dealing with a severe drought this growing season, causing some to harvest produce early and sell off their breeding livestock, which is likely driving demand for capacity in the area. You’ll also notice in this Wednesday edition of our free market report that power only demand is expected to increase this week in and nearby ports on both the East and West Coasts. In the coming week, you’ll want to avoid taking loads into two dry van markets in provinces in Central Canada, as they are expected to be the lowest demand dry van markets in North America this week.
Read on to find out what else you can expect in freight markets across the United States and Canada this week in this latest edition of Trucker Tools’ “Where’s the Freight?”
Hot Markets Where Demand Will Be High or Rising
- Texarkana, Texas, and Rapid City, S.D., once again are projected to be the highest demand flatbed markets in the country over the next five to seven days.
- If you’re running reefer, you’ll want to prioritize loads to/from Edmonton, Alberta, and Dodge City, Kan., as they will be the highest demand/highest rate reefer markets in North America this week. Demand for reefer capacity to/from Dodge City, Kan., also is expected to increase this week.
- Demand for power only capacity will be high in the coming week inbound to and outbound from New Castle, Del. Look for power only demand to rise this week to/from Jacksonville, Fla., Detroit, Stockton, Calif., and Jefferson City, Mo.
Cold Markets Where Demand Will Be Low or Falling
- Yakima, Wash., likely will be the least profitable/lowest rate flatbed market in North America this week. Flatbed demand is expected to fall in the coming week to/from Southwestern Ontario and Ithaca, N.Y.
- Demand/rates for reefer capacity inbound to and outbound from Hartford, Conn., will continue to be extremely low.
- Boston will be the lowest demand power only market in North American over the next five to seven day period. Demand for power only capacity to/from Decatur, Ala., and Bloomington, Ill., will decrease this week.
- This week Winnipeg, Manitoba, and Saskatoon, Saskatchewan, will be the lowest demand dry van markets in North America.
Trucker Tools’ Market Insights
- Trucker Tools’ data projects that these will be the five most profitable markets for truckers this week: 1. Edmonton, Alberta (reefer), 2. Dodge City, Kan. (reefer), 3. Texarkana, Texas (flatbed), 4. New Castle, Del. (power only), and 5. Rapid City, S.D. (flatbed).
- The five least profitable markets for truckers will be: 1. Yakima, Wash. (flatbed), 2. Winnipeg, Manitoba (dry van), 3. Hartford, Conn. (reefer), 4. Boston (power only), and 5. Saskatoon, Saskatchewan (dry van).
- FreightWaves is reporting in its Daily Market Update that national outbound tender rejections are up slightly today, while national outbound volumes are down.
- Yesterday, the FMCSA extended its COVID-19 HOS waiver through Nov. 30, 2021.
- Demand for power only capacity inbound to and outbound from New Castle, Del., will favor truckers/carriers by a ratio of two to one, meaning two loads likely will be available for each truck/trailer in the area.
- According to the latest USDA Specialty Crops National Truck Rate Report, there are capacity shortages in the following areas: San Luis Valley in Colorado, Delaware, Maryland, Eastern Virginia, Southwestern Indiana, Southeastern Illinois, Southeastern Missouri, and Eastern North Carolina.
- The Ports of New Orleans, Baton Rouge and South Louisiana have been shut down due to Hurricane Ida, which hit the Louisiana coast on Monday.
For more information on hot and cold freight markets, check out the Monday edition of our free market report, Where’s the Freight? Edmonton, Texarkana, Dodge City, Rapid City and Tallahassee Will Be Highest Demand Markets This Week. To download the Trucker Tools mobile app, visit https://www.truckertools.com/carriers/.
