Happy Friday, friends, and welcome to your end-of-week edition of Where’s the Freight?,” Trucker Tools’ free market report for owner ops and carriers. Over the next five to seven day period, Ithaca, N.Y., will remain a hot spot for flatbed freight, with flatbed demand projected to be nine times higher this week than it was during this week last year. The city’s access to the New York State Barge Canal make it a vital inland shipping port. It’s also home to several automotive and aerospace manufacturers, which may be driving flatbed demand in the region. In the coming week, you also can expect high demand for reefer capacity inbound to and outbound from Dodge City, Kan., and Tucson, Ariz., while power only demand/rates for El Paso, Texas, are projected to increase over the next week.
Scroll down to discover where else freight demand and rates will be up and down over the next five to seven days in this Friday edition of “Where’s the Freight?”
Where Freight Demand and Rates Are Likely To Be High or Rising
- Flatbed demand and rates to/from Ithaca, N.Y., and Texarkana, Texas, will remain elevated this week. Flatbed demand to/from Southwestern Ontario and Dodge City, Kan., is expected to rise over the next week.
- Reefer demand and rates for Dodge City, Kan., and Tucson, Ariz., will continue to be relatively high over the next five to seven day period.
- Power only demand and rates inbound to and outbound from Fort Wayne, Ind., are expected to be relatively high over the next week. Power only demand to/from El Paso, Texas, Springfield, Mass., and Omaha, Neb., is projected to increase this week.
Where Freight Demand and Rates Are Likely To Be Low or Falling
- Flatbed demand and rates inbound to and outbound from Edmonton, Alberta, Yakima, Wash., and El Paso, Texas, are expected to be extremely low over the next five to seven days.
- Reefer demand and rates for Billings, Mont., will remain extremely low in the coming week. You also can expect to see very low demand for reefer capacity to/from Medford, Ore., and Edmonton, Alberta.
- Power only demand and rates inbound to and outbound from Brooklyn, N.Y., are likely to be low over the next five to seven day period. Power only demand to/from Saint Cloud, Minn., is projected to decline this week.
Trucker Tools’ Market Insights and Industry News
- These are likely to be the five best markets for owner operators and carriers this week: 1. Ithaca, N.Y. (flatbed), 2. Dodge City, Kan. (reefer), 3. Texarkana, Texas (flatbed), 4. Tucson, Ariz. (reefer), and 5. Fort Wayne, Ind. (power only).
- These are likely to be the five worst markets for owner operators and carriers this week: 1. Edmonton, Alberta (flatbed), 2. Billings, Mont. (reefer), 3. Yakima, Wash. (flatbed), 4. Brooklyn, N.Y. (power only), and 5. El Paso, Texas (flatbed).
- This week, demand for reefer capacity inbound to and outbound from Dodge City, Kan., is projected to be twice as high as it was during this week last year.
- Today’s Daily Market Update from FreightWaves finds that national outbound tender rejections are up, while national freight volumesare down slightly.
- The latest Specialty Crops National Truck Rate Report from the USDA indicates capacity shortages in Central and Southern Florida, as well as Eastern North Carolina.
- Severe storms have been pummeling parts of the Southern United States this week, with additional hail, high winds, torrential rain and tornadoes expected to hit the Southeast next week.
- I-57 near Charleston, Mo., reopened this morning after being shut down for 20 hours due to the 70-vehicle pileup that occurred yesterday.
For more insights into hot and cold markets, be sure to read the Wednesday edition of our freight forecast, “Where’s the Freight? Ithaca, Texarkana, Dodge City, Tucson and Fort Wayne To See High Demand/Rates This Week.”
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