Happy Valentine’s Day and welcome to the newest edition of “Where’s the Freight?,” Trucker Tools’ free market report for owner operators and carriers. As we look ahead to the coming week, you can expect demand for reefer capacity to remain high or to increase in two key Arizona markets. At the same time, reefer demand/rates are projected to be extremely low inbound to and outbound from Seattle and Tallahassee, Fla., over the next five to seven day period. This week, you also can expect flatbed demand and rates to increase for Fayetteville, Ark., Ithaca, N.Y., and Gary, Ind. If you run dry van, you’ll likely want to avoid loads to/from Winnipeg, Manitoba, in the coming week, as demand for dry van capacity is projected to be very low in the region.
Read on to find out where else demand and rates will be highest, lowest, increasing and decreasing over the coming week in this Monday edition of “Where’s the Freight?”
Where Demand and Rates Are Likely To Be High or Rising
- Flatbed demand and rates to/from Rapid City, S.D., Texarkana, Texas, and Southwestern Ontario are projected to be high over the next week. Demand for flatbed capacity inbound to and outbound from Fayetteville, Ark., Ithaca, N.Y., and Gary, Ind., is likely to rise in the coming week.
- Reefer demand and rates for Dodge City, Kan., and Tucson, Ariz., are projected to remain high over the next five to seven days. Look for reefer demand to/from Flagstaff, Ariz., and Ithaca, N.Y., to increase this week.
Where Demand and Rates Are Likely To Be Low or Falling
- Flatbed demand and rates inbound to and outbound from El Paso, Texas, will continue to be low in the coming week. Flatbed demand to/from Winnipeg, Manitoba, and Grand Junction, Colo., is expected to decline over the next five to seven day period.
- Reefer demand to/from Hartford, Conn., Seattle, and Tallahassee, Fla., is likely to be very low this week.
- Dry van demand and rates for Winnipeg, Manitoba, also will be extremely low in the coming week.
Trucker Tools’ Market Insights and Industry News
- The five best markets for fleets and owner operators this week will be: 1. Dodge City, Kan. (reefer), 2. Rapid City, S.D. (flatbed), 4. Texarkana, Texas (flatbed), 4. Tucson, Ariz. (reefer), and 5. Southwestern Ontario (flatbed).
- The five worst markets for truckers and carriers likely will be: 1. Hartford, Conn. (reefer), 2. El Paso, Texas (flatbed), 3. Seattle (reefer), 4. Tallahassee, Fla. (reefer), and 5. Winnipeg, Manitoba (dry van).
- The inbound Dodge City, Kan., reefer market will favor owner ops and carriers by approximately two to one this week, meaning for each reefer running into the area, there likely will be two loads available.
- The latest Daily Market Update from FreightWaves indicates that national outbound tender rejections are down slightly and volumes are up slightly.
- This week, the Tallahassee, Fla., reefer market is likely to favor shippers and brokers by more than two to one this week, meaning there will be two reefers available for every load moving in and out of the area.
- The Georgia Port Authority reported record cargo volumes for the Port of Savannah for January 2022, following a 20 percent increase in shipping containers in 2021.
- The Ohio House recently passed a bill that would give employers a $25,000 tax credit for training new truckers.
Be sure to read the previous edition of our free market report, “Where’s the Freight? Dodge City, Texarkana, Tucson, Rapid City and Erie Best Markets for Owner Ops and Carriers in Coming Week.”