Happy Monday and welcome to this Jan. 24, 2022, edition of “Where’s the Freight?,” Trucker Tools’ free market report for carriers and owner operators. As always, today’s edition of “Where’s the Freight?” tells you where you can expect demand and rates for flatbed, reefer, power only and dry van capacity to be highest, lowest, increasing and decreasing over the next week.
Today’s forecast indicates that reefer demand will remain high this week inbound to and outbound from Dodge City, Kan., and Tucson, Ariz. You can expect produce shipments coming from Western Mexico across the southern border at Nogales, Ariz., to be steady for the next three to four months. In the coming week, one West Virginia market is likely to see power only demand increase substantially, while demand and rates for flatbed capacity inbound to and outbound from Yakima, Wash., will remain extremely low.
To learn which markets will be the most and least profitable over the next five to seven days, check out this Monday edition of Trucker Tools’ “Where’s the Freight?” below.
Where Demand and Rates Are Likely To Be High or Rising
- Flatbed demand and rates for Texarkana, Texas, are likely to be high this week. Demand for flatbed capacity to/from Huntington, W.Va., Southwestern Ontario, Montreal, Quebec, and Vancouver, British Columbia, is projected to increase in the coming week.
- Reefer demand and rates inbound to and outbound from Dodge City, Kan., and Tucson, Ariz., will remain high over the next five to seven day period.
- Power only demand and rates to/from New Castle, Del., and Philadelphia are expected to be relatively high this week. Power only demand for Billings, Mont., is likely to rise this over the next week.
Where Demand and Rates Are Likely To Be Low or Falling
- Flatbed demand and rates inbound to and outbound from Yakima, Wash., Tucson, Ariz., and Brooklyn, N.Y., are expected to be extremely low this week. Flatbed demand to/from Grand Junction, Colo., is projected to decline in the coming week.
- Reefer demand and rates for Hartford, Conn., and Billings, Mont., will be extremely low this week.
- Power only demand to/from Fresno, Calif., is likely to fall in the next week.
Trucker Tools’ Market Insights and Industry News
- This coming week, the five best markets for fleets and owner operators likely will be: 1. Dodge City, Kan. (reefer), 2. Texarkana, Texas (flatbed), 3. Tucson, Ariz. (reefer), 4. New Castle, Del. (power only), and 5. Philadelphia (power only).
- In the coming week, the five worst markets likely will be: 1. Hartford, Conn. (reefer), 2. Yakima, Wash. (flatbed), 3. Tucson, Ariz. (flatbed), 4. Brooklyn, N.Y. (flatbed), and 5. Billings, Mont. (reefer).
- This week, demand for reefer capacity to/from Dodge City, Kan., is projected to be seven times higher than it was during the same week last year.
- Today’s Daily Market Update from FreightWaves indicates that both national outbound tender rejections and volumes are down slightly.
- The New Castle, Del., power only market will favor owner ops and trucking companies by two to one this week, meaning there should be at least two loads available for every power only trailer headed into the area.
- The U.S.D.A.’s latest Specialty Crops National Truck Rate Report finds capacity shortages in the following areas: San Luis Valley Colorado, Central and South Florida, Upper Valley and Twin Falls-Burley District Idaho, Minnesota-North Dakota Red River Valley, Columbia Basin Washington and Central Wisconsin.
For more freight forecasts and market insights, check out Where’s the Freight? Dodge City, Texarkana, Tucson, Billings and Grand Junction Will See High Demand for Capacity This Week.
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