Happy Friday, y’all, and welcome to your end of week edition of “Where’s the Freight?,” Trucker Tools’ free freight market report for carriers and owner operators. The freight market predictions that you see in this and every edition of “Where’s the Freight?” are based on real-world transactions from our driver, carrier and broker software platforms. Armed with this information in advance, you have time to get your truck(s) into markets where demand and rates are likely to be high and get your truck(s) out of markets where demand and rates likely will be low.
In 2021, Mexico accounted for 77 percent of U.S. fresh produce import volume. It should come as no surprise then that in the coming week with Mexico’s produce season in full swing, demand for reefer capacity is expected to remain high in two distribution markets close to the Mexico border. This week, you also can expect flatbed demand to remain high in several locations, including Rapid City, S.D., and Texarkana, Texas. If you run dry van, you’ll want to keep an eye on Gary, Ind., this week, as demand for dry van capacity into and out of the region is expected to be relatively high.
To discover where else demand and rates for flatbed, reefer, power only and dry van capacity will be high and low in the coming week, scroll down to read this Friday edition of Trucker Tools’ “Where’s the Freight?” below.
Where Freight Demand and Rates Are Likely To Be High or Rising
- Flatbed demand and rates for Texarkana, Texas, and Rapid City, S.D., will be high again in the coming week. Flatbed demand to/from Vancouver, British Columbia, likely will increase over the next week.
- Reefer demand and rates for Tucson, Ariz., and Corpus Christi, Texas, are expected to be high over the next five to seven day period. Reefer demand is projected to increase this week for Tucson, Ariz., and Dodge City, Kan.
- Power only demand and rates to/from Little Rock, Ark., and Tulsa, Okla., likely will rise this week.
- Dry van demand and rates inbound to and outbound fromGary, Ind., will be high over the coming week.
Where Freight Demand and Rates Are Likely To Be Low or Falling
- Flatbed demand and rates for El Paso, Texas, and Minot, ND., will be low in the coming week. Flatbed demand to/from Regina, Saskatchewan, likely will decline over the next five to seven days.
- Reefer demand and rates for Billings, Mont., will be very low in the next week.
- Power only demand and rates inbound to and outbound from Fort Smith, Ark., once again will be low this week. Power only demand to/from Salt Lake City likely will decline in the coming week.
- Dry van demand and rates inbound to and outbound from Calgary, Alberta, are projected to be extremely low this week.
Trucker Tools’ Market Insights and Industry News
- The five best markets for owner operators and carriers this week likely will be: 1. Texarkana, Texas (flatbed), 2. Tucson, Ariz. (reefer), 3. Rapid City, S.D. (flatbed), 4. Corpus Christi, Texas (reefer), and 5. Gary, Ind. (dry van).
- The five worst markets for owner operators and carriers this week likely will be: 1. Calgary, Alberta (dry van), 2. Fort Smith, Ark. (power only), 3. El Paso, Texas (flatbed), 4. Minot, N.D. (flatbed), and 5. Billings, Mont. (reefer).
- This week, demand for reefer capacity to/from Corpus Christi, Texas, is expected to be two times higher than it was during the same week last year.
- Yesterday’s Daily Market Update from FreightWaves indicates that national outbound tender rejections are down again, while national freight volumes are up.
- The Texarkana, Texas, flatbed market will favor owner operators and carriers by nearly three to one in the coming week.
- “What the Truck?!?” reported yesterday that dry van spot rates decreased by another 8 cents this week.
- The latest Fruit and Vegetable Truck Rate Report from the USDA indicates produce capacity shortages in Eastern North Carolina, as well as slight shortages in Michigan, Colorado’s San Luis Valley and Central/Southern Florida.
For more freight market insights, check out Wednesday’s edition of our free freight forecast, “Where’s the Freight? Tucson, Texarkana, Dodge City, Rapid City and Corpus Christi Top Markets for Drivers and Carriers This Week.”
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