Welcome to the mid-week edition of “Where’s the Freight?,” Trucker Tools’ free freight forecast for fleets and owner operators. Each edition of “Where’s the Freight?” tells you where demand and rates for dry van, reefer, flatbed and power only capacity will be high and low over the next five to seven days.
Over the next week, the Texarkana, Texas, reefer market is projected to see the highest demand for capacity, with demand expected to be twice as high as it was last year during the same week. Demand for flatbed capacity inbound to and outbound from Texarkana, Texas, is projected to increase significantly this week, as well. If you run power only loads, you’ll want to prioritize loads to/from Fargo, N.D., in the coming week, as demand/rates are projected to be elevated. On the dry van front, you can expect demand for capacity to/from Ithaca, N.Y., to increase this week, while Minot, N.D., will see extremely low demand for dry van capacity.
Keep reading for more insights into which freight markets across the United States and Canada will see high and low demand/rates this week in this Wednesday edition of “Where’s the Freight?”
Where Freight Demand/Rates Will Be Highest or Rising This Week
- Flatbed demand and rates for Norfolk, Va., are projected to remain elevated. Demand for flatbed capacity to/from Texarkana, Texas, and Montreal, Quebec, is likely to increase.
- Reefer demand and rates for Texarkana, Texas, and Winnipeg, Manitoba, will be high.
- Power only demand and rates for Fargo, N.D., and New Castle, Del., are expected to be high. Power only demand to/from Philadelphia and New Castle, Del., likely will rise.
- Dry van demand and rates for Ithaca, N.Y., are projected to increase.
Where Freight Demand/Rates Will Be Lowest or Falling This Week
- Flatbed demand and rates for Springfield, Mass., Washington D.C., and Brooklyn, N.Y., will be very low. Flatbed demand to/from Shreveport, La., and Dodge City, Kan., is likely to decrease.
- Reefer demand and rates for Pittsburgh are projected to be low.
- Power only demand and rates for Mobile, Ala., are expected to decline.
- Dry van demand and rates for Minot, N.D., will be extremely low.
Trucker Tools’ Market Insights and Industry News
- Five Hottest Markets this week: 1. Texarkana, Texas (reefer), 2. Fargo, N.D. (power only), 3. Winnipeg, Manitoba (reefer), 4. New Castle, Del. (power only), and 5. Norfolk, Va. (flatbed).
- Five Coldest Markets this week: 1. Minot, N.D. (dry van), 2. Springfield, Mass. (flatbed) 3. Pittsburgh (reefer), 4. Washington D.C. (flatbed), and 5. Brooklyn, N.Y. (flatbed).
- Market To Watch: Demand for power only capacity inbound to and outbound fromNew Castle, Del., this week is projected to be four times higher than it was during the same week last year.
- Last month, freight volumes through ports in the state of Georgia increased by 18 percent higher compared with last July.
- The latest weekly update from the Department of Energy’s Energy Information Administration shows that the national average price of diesel fuel has fallen below $5.00/gallon for the first time since March 7, 2022.
- The latest U.S.D.A. Specialty Crops National Truck Rate Report indicates there are currently capacity shortages in these markets: Delaware, Maryland, Eastern Shore Virginia, Southwestern Indiana, Southeastern Illinois and Southeastern Missouri.
Get more market insights by reading our previous freight forecast, “Where’s the Freight? Texarkana, Fargo, Ithaca, New Castle and Norfolk Top Freight Markets This Week.”
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