Welcome to the Friday edition of “Where’s the Freight?,” Trucker Tools’ free market report for carriers and drivers. Each edition of our free freight forecast uses data from our broker and carrier software platforms to predict where demand for trucks will be highest and lowest across North America over the next five to seven days.
In today’s edition of “Where’s the Freight?,” three of the five markets in our Top Five Hottest Markets list are reefer markets, reflecting high demand for reefer capacity across North America as we approach the Christmas holiday. This week, reefer demand inbound to and outbound from Dodge City, Kan., is expected to increase, while Hartford, Conn., will continue to be one of the least profitable reefer markets for truckers. For those of you running flatbed, you may want to make Texarkana, Texas, a priority this week since demand for flatbed capacity is projected to be high there. Power only demand to/from Fresno, Calif., is expected to increase this week and the Calgary, Alberta, dry van market likely will be the lowest demand/rate market in North America over the next five to seven days.
Read on to discover which markets will be the most profitable in North America this week in this Friday edition of Trucker Tools’ “Where’s the Freight?”
Where Demand and Rates Are Likely To Be High or Rising
- Flatbed demand and rates are projected to be high this week for Texarkana, Texas, and Cheyenne, Wyo. You can expect flatbed demand and rates to/from Shreveport, La., and Gary, Ind., to increase this week.
- Reefer demand and rates are expected to be high in the coming week for Dodge City, Kan., Tucson, Ariz., and Edmonton, Alberta. This week, reefer demand and rates to/from Dodge City, Kan., are projected to rise.
- Power only demand and rates are likely to increase this week for Fort Wayne, Ind., and Fresno, Calif.
Where Demand and Rates Are Likely To Be Low or Falling
- Flatbed demand and rates are expected to decline this week for Montreal, Quebec, and Rapid City, S.D.
- Reefer demand and rates to/from Hartford, Conn., will be extremely low over the next five to seven days.
- Power only demand and rates to/from Syracuse, N.Y., are projected to be low this week.
- Dry van demand and rates are likely to be extremely low for Calgary, Alberta, Minot, N.D., and Saskatoon, Saskatchewan, in the coming week.
Trucker Tools’ Market Insights
- The latest data from our broker and carrier software platforms indicates that these are likely to be the five most profitable markets in the coming week: 1. Texarkana, Texas (flatbed), 2. Dodge City, Kan. (reefer), 3. Tucson, Ariz. (reefer), 4. Edmonton, Alberta (reefer), and 5. Cheyenne, Wyo. (flatbed).
- The five least profitable markets likely will be: 1. Calgary, Alberta (dry van), 2. Hartford, Conn. (reefer), 3. Syracuse, N.Y. (power only), 4. Minot, N.D. (dry van), and 5. Saskatoon, Saskatchewan (dry van).
- This week, the outbound Texarkana, Texas, flatbed market will favor owner operators and carriers by three to one, meaning that for every flatbed trailer leaving the area, there should be three loads available.
- The latest Daily Market Update from FreightWaves indicates that national outbound tender rejections and volumes are up.
- The latest U.S.D.A. Specialty Crops National Truck Rate Report shows that there are capacity shortages in the following areas: San Luis Valley Colorado, Idaho and Malheur County Region, Upper Valley/Twin Falls-Burley District Idaho, Minnesota-North Dakota (Red River Valley), Columbia Basin Washington, and Yakima Valley and Wenatchee District Washington.
- Yesterday, the Port of Long Beach reported that it handled 8.6 million shipping units so far this year, breaking its all-time yearly record.
- Arizona’s DOT will be temporarily reopening two previously closed rest stops on I-40 and I-17 to provide truckers relief during peak season.
For even more market insights, check out Where’s the Freight? Dodge City, Gary, Cheyenne, Tucson and Fort Wayne Top Markets for Trucker and Carriers This Week.