Happy Wednesday, everyone, and welcome to your mid-week edition of Where’s the Freight?,” Trucker Tools’ free freight forecast for owner operators and fleets. The market insights you see in every edition of “Where’s the Freight?” are based on the latest data from Trucker Tools’ software platforms. With hundreds of brokers on Trucker Tools’ broker platform, 175,000 carriers on our free carrier platform, and 1.5 million app users, we can predict with accuracy where demand (and rates) are likely to be high and low across North America over the next five to seven day period.
In today’s edition of “Where’s the Freight?,” the Reno, Nev., power only market once again nabs the top spot in our Top Five Hottest Markets list for the coming week. While Reno, Nev., historically has been known for its gaming industry, in recent years, its construction, manufacturing and transportation sectors have grown considerably. If you’re running flatbed, you’ll want to make Rapid City, S.D., a priority this week, as it’s projected to be the highest demand and highest rate flatbed market in North America. On the reefer side, Edmonton, Alberta, a major agricultural and agri-food processing center in Canada, will continue to be a hot spot in the coming week.
To find out where else demand and rates for flatbed, power only and reefer capacity will be highest and lowest in the coming week, scroll down to read the rest of this Wednesday edition of Trucker Tools’ “Where’s the Freight?”
Have a great Thanksgiving!
Where Demand and Rates Are Likely To Be High or Rising
- Rapid City, S.D., is projected to be the highest demand/highest rate flatbed market in the coming week. Look for flatbed demand to increase this week for Texarkana, Texas, and Gary, Ind.
- Edmonton, Alberta, and Dodge City, Kan., likely will be the most profitable reefer markets in North America over the next five to seven days. You can expect reefer demand to rise this week for Tucson, Ariz., and Yakima, Wash.
- Reno, Nev., and Mobile, Ala., will be hot spots for power only in the coming week. Power only demand to/from Mobile, Ala., also is projected to increase this week.
Where Demand and Rates Are Likely To Be Low or Falling
- New Orleans and Joplin, Mo., will see extremely low demand and rates for flatbed capacity over the next five to seven day period.
- Hartford, Conn., will continue to be the coldest (lowest demand, lowest rate) reefer market in North America in the coming week. Reefer demand and rates are expected to decline this week for Flagstaff, Ariz.
- Brooklyn, N.Y., and El Paso, Texas, will be lowest demand/rate power only markets in North America over the next five to seven days. You can expect power only demand to decrease this week for Salt Lake City.
Trucker Tools’ Market Insights
- According to the latest data from Trucker Tools’ platforms, the five best markets for truckers and carriers this week will be: 1. Reno, Nev. (power only), 2. Rapid City, S.D. (flatbed), 3. Edmonton, Alberta (reefer), 4. Dodge City, Kan. (reefer), and 5. Mobile, Ala. (power only).
- The five worst markets for truckers and carriers will be: 1. Hartford, Conn. (reefer), 2. Brooklyn, N.Y. (power only), 3. New Orleans (flatbed), 4. El Paso, Texas (power only), and 5. Joplin, Mo. (flatbed).
- The most recent Daily Market Update from FreightWaves indicates that national outbound tender rejections are down slightly and national outbound volumes are up.
- In the coming week, demand for power only capacity to/from Reno, Nev., will be 10 times higher than it was during the same week in 2020.
- Today’s U.S.D.A. Specialty Crops National Truck Rate Report finds produce capacity shortages in these areas: Mexico Crossings through Nogales, Ariz., Imperial Valley and Coachella Valley in California, Kern District California, Salinas-Watsonville California, Santa Maria, Cali., South District California, San Luis Valley Colorado, Idaho and Malheur County Oregon, Upper Valley and Twin Falls-Burley District Idaho, Minnesota-North Dakota (Red River Valley), Eastern North Carolina, Columbia Basin Washington state, Yakima Valley and Wenatchee District Washington state, and Central Wisconsin.
- This week the Gary, Ind., flatbed market will favor truckers and carriers by four to one, meaning for each flatbed trailer headed into or out of the area, there’s likely to be four loads available.
Be sure to check out our previous market report, Where’s the Freight? Reno, Wilmington, Edmonton, Tucson and Fort Wayne Highest Demand/Highest Rate Markets This Week, for more market insights.