Welcome to this Monday edition of Trucker Tools’ “Where’s the Freight?,” packed with information on where demand for capacity will be high and low over the next week. Today’s forecast shows high demand for both flatbed and reefer capacity in one Texas market over the next week. In the coming week, you can expect San Diego to remain a profitable destination for power only loads, while demand for power only is projected to decrease for one East Coast port. If you run flatbed, one Midwestern location should be on your radar this week because it’s projected to be the highest demand market in the nation over the next five to seven days. Also notable in today’s report is that two Canadian markets will be the two lowest demand dry van markets in North America this week.
Scroll down to find out where demand and rates will be highest and lowest this week in today’s edition of “Where’s the Freight?”
Where Demand for Capacity Will Be High or Rising
- Rapid City, S.D., and Texarkana, Texas, be the highest demand/highest rate flatbed markets in the country this week. Demand for flatbed will increase this week for Southwestern Ontario.
- The top reefer markets this week will be Texarkana, Texas, and Edmonton, Alberta. Demand for reefer capacity is projected to rise over the next week to/from Lexington, Ky., and Grand Junction, Colo.
- San Diego once again will be the highest demand/highest rate power only market in North America over the next five to seven days. Demand for power only is expected to increase this week to/from Portland, Ore., and Fort Worth, Texas.
Where Demand for Capacity Will Be Low or Falling
- Brooklyn, N.Y., will be the lowest demand flatbed market in North America this week.
- Hartford, Conn., and Billings, Mont., are likely to be the least profitable reefer markets in the country over the coming week.
- Demand for power only will decrease over the next week to/from Savannah, Ga.
- You may want to avoid taking dry van loads into Calgary, Alberta, and Northern Ontario this week, as demand for dry van is expected to be extremely low in these regions over the next five to seven days.
Trucker Tools’ Market Insights
- According to the very latest Trucker Tools’ data, the five most profitable markets for owner operators and carriers in the coming week will be: 1. Rapid City, S.D. (flatbed), 2. Texarkana, Texas (flatbed), 3. Texarkana, Texas (reefer), 4. Edmonton, Alberta (reefer), and 5. San Diego (power only).
- The five least profitable markets for owner operators and carriers will be: 1. Billings, Mont. (reefer), 2. Brooklyn, N.Y. (flatbed), 3. Calgary, Alberta (dry van), 4. Hartford, Conn. (reefer), and 5. Northern Ontario (dry van).
- According to today’s FreightWaves Daily Market Update, national outbound tender volumes are down slightly today, while tender rejections are up.
- Demand for flatbed to/from Rapid City, S.D., this week is projected to be 12 times higher than it was at the same time last year.
- Congestion at the Ports of Long Beach and Los Angeles has risen again, with 27 container ships anchored and waiting as of Friday. The all-time record of 40 waiting container ships was set on Feb. 1.
- Texarkana, Texas, projected to be a top flatbed and reefer market for truckers this week, is home to several large-scale food and industrial manufacturing and processing facilities. It’s also an agricultural and industrial distribution hub for East Texas, Arkansas, and parts of Oklahoma and Louisiana.
To learn more about how you can use “Where’s the Freight?” to maximize your profits, check out Stay Ahead of Your Competitors with Trucker Tools’ New Market Report. To download the Trucker Tools mobile app, visit https://www.truckrtools.com/carriers/.
