Welcome to the mid-week edition of “Where’s the Freight?,” Trucker Tools’ free market report for trucking companies and owner operators. In this and every edition of “Where’s the Freight?,” you’ll discover where demand for flatbed, reefer, power only and dry van capacity will be high, low, increasing and decreasing in the coming week.
With the Christmas holiday just 10 days away, demand for reefer capacity remains high across many U.S. and Canadian markets. In fact, four of the markets in today’s Top Five Hottest Markets list are reefer markets. This week, Edmonton, Alberta, is expected to be the highest demand/highest rate reefer market in North America, while Montreal, Quebec, is projected to be a hot spot for flatbed demand. If you’re running power only loads, you’ll want to keep an eye on Fort Wayne, Ind., and Billings, Mont., as demand for power only capacity is likely to increase in both markets in the coming week. Over the next five to seven day period, you also can expect dry van demand to/from Winnipeg, Manitoba, and Central Ontario to be extremely low.
To find out where else demand and rates will be high and low in the coming week, scroll down to read the rest of this Wednesday edition of Trucker Tools’ “Where’s the Freight?”
Where Demand and Rates Are Likely To Be High or Rising
- Flatbed demand is likely to be high this week for Montreal, Quebec. Flatbed demand and rates to/from Gary, Ind., and Dodge City, Kan., are projected to increase over the next five to seven day period.
- Reefer demand will be high in the coming week for Edmonton, Alberta, Tucson, Ariz., Winnipeg, Manitoba, and Dodge City, Kan. Reefer demand and rates are expected to increase this week for Dodge City, Kan.
- Power only demand and rates are projected to rise this week for Fort Wayne, Ind., and Billings, Mont.
Where Demand and Rates Are Likely To Be Low or Falling
- Flatbed demand likely will decrease this week for Medford, Ore., and Rapid City, S.D.
- Reefer demand to/from Hartford, Conn., will continue to be low over the next five to seven days.
- Power only demand is projected to be very low this week for Rochester, N.Y., and Winnipeg, Manitoba.
- Dry van demand likely will be extremely low for Winnipeg, Manitoba, and Central Ontario. You also can expect dry van demand to decrease this week for Ithaca, N.Y.
Trucker Tools’ Market Insights
- This week, the five highest demand/rate markets in North America likely will be: 1. Edmonton, Alberta (reefer), 2. Tucson, Ariz. (reefer), 3. Winnipeg, Manitoba (reefer), 4. Dodge City, Kan. (reefer), and 5. Montreal, Quebec (flatbed).
- The five lowest demand/rate markets likely will be: 1. Rochester, N.Y. (power only), 2. Winnipeg, Manitoba (dry van), 3. Portland, Ore. (power only), 4. Central Ontario (dry van), and 5. Hartford, Conn. (reefer).
- In the coming week, reefer demand to/from Dodge City, Kan., will be three times higher than it was during the same week in 2020.
- The latest Daily Market Update from FreightWaves indicates that national outbound tender rejections are up slightly, while volumes are down.
- Last week, the U.S. House of Representatives passed an ocean shipping regulation bill that aims to address excessive fees levied on trucking companies by ocean carriers and port terminal operators.
- Beginning in early February of 2022, some CDL and endorsement applicants will be required to meet new FMCSA training standards due to a rule change.
Read our Monday freight forecast, Where’s the Freight? Tucson, Cheyenne, Texarkana, Dodge City and Edmonton Top Markets for Truckers and Carriers.
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