Where’s the Freight? Texarkana, Northern Ontario, New Castle and Gary Hot Markets Over Next Week
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Happy Friday,
trucking family, and welcome to your end of week edition of “Where’s the Freight?,” Trucker Tools’ free freight market
report for owner ops and trucking companies. Over the next five to seven
day period, you can expect Texarkana, Texas, once again to be a hot spot for
both reefer and flatbed capacity, with the city’s reefer market topping today’s
Top Five Hottest Markets list. Also of note in today’s market report is that
two dry van markets appear in our Top Five, as many flatbed markets have cooled
in recent weeks due to rising interest rates and declining demand for building
materials. If you run power only loads, you’ll want to avoid loads to/from
Portland, Ore., in the coming week, as demand and rates are projected to be
extremely low.
For more
insights into which freight markets will see high and low demand this week,
check out the rest of this Friday edition of “Where’s the Freight?” below.
Where Freight
Demand/Rates Will Be Highest or Rising This Week
Flatbed demand and rates for Texarkana,
Texas, are projected to be high. Demand for flatbed capacity for Texarkana,
Texas, and Montreal, Quebec, is expected to increase.
Reefer demand and rates for Texarkana,
Texas, are likely to be extremely high. Demand for reefer capacity inbound to
and outbound from Winnipeg, Manitoba, is projected to increase slightly.
Power only demand and rates for New
Castle, Del., are likely to remain elevated. Power only demand to/from Philadelphia
is expected to rise.
Dry van demand and rates for Northern
Ontario and Gary, Ind., will be high. Dry demand to/from Ithaca, N.Y., is
likely to increase.
Where Freight
Demand/Rates Will Be Lowest or Falling This Week
Flatbed demand and rates for Washington
D.C. will be very low.
Reefer demand and rates for Billings,
Mont., and Reno, Nev., are projected to be low.
Power only demand and rates for Portland,
Ore., and Washington D.C. will be extremely low. Power only demand to/from New
Orleans, Mobile, Ala., and Jonesboro, Ark., likely will decline.
Dry van demand and rates for Eastern
Ontario are expected to decrease.
Trucker
Tools’ Market Insights and Industry News
Five Hottest Markets this week: 1. Texarkana,
Texas (reefer), 2. Texarkana, Texas (flatbed), 3. Northern Ontario (dry van), 4.
New Castle, Del. (power only), and 5. Gary, Ind. (dry van).
Five
Coldest Markets this week: 1. Portland, Ore. (power only), 2. Washington
D.C. (flatbed), 3. Billings, Mont. (reefer), 4. Washington D.C. (power only),
and 5. Reno, Nev. (reefer).
Market
To Watch: In the coming week, demand for flatbed capacity to/from
Texarkana, Texas, is projected to more than double.
According to the latest U.S.D.A. Specialty
Crops National Truck Rate Report, there are capacity shortages in Delaware,
Maryland, Eastern Shore Virginia, Southwestern Indiana, Southeastern Illinois
and Southeastern Missouri, as well as slight shortages in Eastern North
Carolina.
The latest
SONAR Sightings from FreightWaves indicates that Little Rock, Ark., is
among those smaller markets that are seeing an uptick in outbound freight volume
in recent weeks.
ATRI
is reporting that operating costs in trucking in 2021 hit a 15-year high
driven by higher fuel prices, the costs of truck and trailer lease/purchase,
driver wages and benefits, and repair and maintenance costs.