Where’s the Freight? Texarkana, El Paso, Dodge City, Springfield and Ithaca Highest Demand Markets Over the Next Week
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Welcome to the Monday edition of Where’s the Freight?,” Trucker Tools’ free market report for owner operators and carriers. FreightWaves reported on Friday that outbound tender volumes last week were at their lowest levels since the Martin Luther Kind, Jr. Day holiday in January. The cause is likely the high cost of gas and inflation in general, as consumers face higher prices for food, gas and other necessities.
In today’s
edition of “Where’s the Freight?,” you’ll notice that two Texas markets appear
in our Top Five Hottest Markets list and that two Arizona markets are in
today’s Rising Markets list. Once again, the Texarkana, Texas, flatbed market claims
the number one spot in today’s Top Five as the hottest market. In the coming
week, you also can expect demand for reefer capacity inbound to and outbound
from Tucson, Ariz., to increase, while Billings, Mont., is projected to be the
least profitable reefer market in the United States and Canada. This week, demand
for power only capacity to/from Southwestern Ontario, Fort Worth, Texas, Tulsa,
Okla., and Phoenix is projected to rise.
For more
insights into which markets will see high and low demand/rates in the coming
week, scroll down to read the rest of this Monday edition of “Where’s the
Freight?”
Where Demand and Freight Rates Are Likely To Be High or Rising
Flatbed demand and rates inbound to and
outbound Texarkana, Texas, and Ithaca, N.Y., are expected to be high over the
next five to seven day period.
Reefer demand and rates for Dodge City,
Kan., will remain elevated in the coming week. This week, reefer demand to/from
Tucson, Ariz., is projected to rise, as well.
Power only demand and rates to/from El
Paso, Texas, and Springfield, Mass., will continue to be relatively high over
the next week. Power only demand is projected to rise this week for Southwestern
Ontario, Fort Worth, Texas, Tulsa, Okla., and Phoenix.
Where Demand and Freight Rates Are Likely To Be Low or Falling
Flatbed demand and rates for Central
Ontario are likely to remain low over the coming week.
Reefer demand and rates for Billings,
Mont., Tallahassee, Fla., and Hartford, Conn., are expected to be extremely low
this week. You also can expect reefer demand to/from Ithaca, N.Y., to decrease this
week.
Power only demand and rates inbound to
and outbound from Brooklyn, N.Y., will be low over the next five to seven day
period. Power only demand to/from New Castle, Del., is expected to decline in
the coming week.
Trucker Tools’ Market Insights and Industry News
This week, the five highest demand/rate markets likely will be: 1. Texarkana, Texas (flatbed), 2. El Paso, Texas (power only), 3. Dodge City, Kan. (reefer), 4. Springfield, Mass. (power only), and 5. Ithaca, N.Y. (flatbed).
The five lowest demand/rate markets likely will be: 1. Billings, Mont. (reefer), 2. Central Ontario (flatbed), 3. Tallahassee, Fla. (reefer), 4. Hartford, Conn. (reefer), and 5. Brooklyn, N.Y. (power only).
This week, the Texarkana, Texas, flatbed market will favor fleets and owner operators by two to one, meaning for each flatbed headed into and out of the area there should be at least two loads to choose from.
