Happy Friday! Yesterday, the Marco Polo, an ocean carrier the length of three and a half football fields, docked in New Jersey. It’s the largest container ship ever to visit the East Coast and it will be docking at ports in Norfolk, Va., Savannah, Ga., and Charleston, S.C., in the coming week.
It’s no surprise then that in today’s edition of Trucker Tools’ “Where’s the Freight,?” several East Coast dry van markets appear in our top five and rising markets lists, including Norfolk, Va., Miami and Boston. Reefer demand is projected to be high or increasing in two regions of the Pacific Northwest this week, while demand for reefer and flatbed will be on the rise in one large Texas market. Also noteworthy in this edition of “Where’s the Freight?” is that there are no power only markets included in any of today’s hot and cold markets lists.
For more insights into where demand for trucks will be high, low, increasing and decreasing over the next week, scroll down to read this Friday edition of Trucker Tools’ free market report “Where’s the Freight?.”
Where Demand for Trucks Will Be Highest
- Houston and Wichita, Kan., are projected to be most profitable reefer markets in North America for truckers and carriers in the coming week. Demand for reefer capacity inbound to and outbound from Spokane, Wash., and Portland, Ore., will rise this week.
- Expect high demand for dry van capacity over the next five to seven days for Miami, Southwestern Ontario and Boston. Demand for dry van will increase this week to/from Wichita, Kan., and Norfolk, Va.
- Demand for flatbed is likely to increase this week for Houston.
Where Demand for Trucks Will Be Lowest
- Buffalo, N.Y., Seattle, Atlanta, Memphis, Tenn., and Twin Falls, Idaho, are expected to be the least profitable dry van markets in North America this week.
Trucker Tools’ Market Insights
- Based on today’s data from Trucker Tools’ software platforms, the five markets with the highest demand for trucks this week will be: 1. Miami (dry van), 2. Houston (reefer), 3. Wichita, Kan. (reefer), 4. Southwestern Ontario (dry van), 5. Boston (dry van).
- The five markets with the lowest demand for trucks over the next week will be: 1. Buffalo, N.Y. (dry van), 2. Seattle (dry van), 3. Atlanta (dry van), 4. Memphis, Tenn. (dry van), and 5. Twin Falls, Idaho (dry van).
- Demand for dry van capacity to/from Miami is projected to be nine times higher than in 2020.
- Miami is a gateway for freight from South America, the Caribbean and Central America. The Port of Miami is one of the busiest ports in the United States.
- FreightWaves is reporting that outbound tender rejection rates, which measure demand, are up this week.
- Container volume for Port Houston, the largest port along the Gulf of Mexico, was up 25 percent in April, including a 15 percent increase in steel imports.
Looking for more market insights? Read Wednesday’s Where’s the Freight? Jonesboro, Miami, Southwestern Ontario and Wichita Projected To Be Best Markets for Truckers/Carriers in the Coming Week. To download the Trucker Tools app, visit https://www.truckertools.com/carriers/.
