Where’s the Freight? South Bend, Texarkana, Fort Wayne, San Diego and Ithaca Projected To Be Hot Markets in Coming Week
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Happy Friday and welcome to the newest edition of “Where’s the Freight?,” Trucker Tools’ free freight forecast for fleets and drivers. In each and every issue of our free freight forecast, we provide you with data-driven insights on where freight demand and rates will be highest and lowest across the United States and Canada over the next week.
In today’s freight forecast, you’ll notice that overalldemand for truckload capacity is projected to dip slightly in the coming week. Despite this broader trend, you can expect demand and rates for flatbed capacity to/from South Bend, Ind., to be high this week. Over the next week, demand and rates for reefer capacity for Texarkana, Texas, Decatur, Ala., and Baltimore are likely to be high or increasing. On the dry van front, you’ll want to avoid loads to/from Ottawa, Ontario, over the next five to seven days, as demand and rates for this market are expected to decline.
Where Demand/Rates Will Be Highest or Rising This Week
Flatbed demand and rates for South Bend, Ind., and Ithaca, N.Y., are likely to be extremely high. Flatbed demand for Texarkana, Texas, is expected to increase.
Reefer demand and rates for Texarkana, Texas, will be very high. Reefer demand to/from Decatur, Ala., and Baltimore is projected to rise.
Power only demand and rates for Fort Wayne, Ind., and San Diego are expected to be high. Power only demand for Philadelphia and Baltimore likely will increase.
Where Freight Demand/Rates Will Be Lowest or Falling This Week
Flatbed demand and rates for El Paso, Texas, Brooklyn, N.Y., and Yakima, Wash., are projected to be very low. Flatbed demand to/from Montgomery, Ala., is expected to decline.
Reefer demand and rates for Hartford, Conn., are likely to remain extremely low.
Power only demand and rates for Fayetteville, Ark., will remain low. Power only demand to/from Stockton, Calif., is expected to decrease.
Dry van demand and rates for Ottawa, Ontario, are projected to decline.
Trucker Tools’ Market Insights and Industry News
Five Hottest Markets this week: 1. South Bend, Ind. (flatbed), 2. Texarkana, Texas (reefer), 3. Fort Wayne, Ind. (power only), 4. San Diego (power only), and 5. Ithaca, N.Y. (flatbed).
Five Coldest Markets this week: 1. Hartford, Conn. (reefer), 2. El Paso, Texas (flatbed), 3. Brooklyn, N.Y. (flatbed), 4. Yakima, Wash. (flatbed), and 5. Fayetteville, Ark. (power only).
Market To Watch: Over the next five to seven day period, demand for flatbed capacity to/from South Bend, Ind., is expected to be three times higher than it was during the same week last year.
This week, the San Diego power only market will favor owner operators and carriers by approximately three to one, meaning there should be three loads available to every trailer headed into and out of the region.
According to data from the Energy Information Administration, the average price for a gallon of diesel fuel has increased by 38 percent since January, while the average price for a gallon of gasoline has increased by 10 percent.
