Welcome to the Monday edition of Where’s the Freight?,” Trucker Tools’ free market report for owner operators and carriers. FreightWaves reported on Friday that outbound tender volumes last week were at their lowest levels since the Martin Luther Kind, Jr. Day holiday in January. The cause is likely the high cost of gas and inflation in general, as consumers face higher prices for food, gas and other necessities.

In today’s edition of “Where’s the Freight?,” you’ll notice that two Texas markets appear in our Top Five Hottest Markets list and that two Arizona markets are in today’s Rising Markets list. Once again, the Texarkana, Texas, flatbed market claims the number one spot in today’s Top Five as the hottest market. In the coming week, you also can expect demand for reefer capacity inbound to and outbound from Tucson, Ariz., to increase, while Billings, Mont., is projected to be the least profitable reefer market in the United States and Canada. This week, demand for power only capacity to/from Southwestern Ontario, Fort Worth, Texas, Tulsa, Okla., and Phoenix is projected to rise.

For more insights into which markets will see high and low demand/rates in the coming week, scroll down to read the rest of this Monday edition of “Where’s the Freight?”

Where Demand and Freight Rates Are Likely To Be High or Rising

  • Flatbed demand and rates inbound to and outbound Texarkana, Texas, and Ithaca, N.Y., are expected to be high over the next five to seven day period.
  • Reefer demand and rates for Dodge City, Kan., will remain elevated in the coming week. This week, reefer demand to/from Tucson, Ariz., is projected to rise, as well.
  • Power only demand and rates to/from El Paso, Texas, and Springfield, Mass., will continue to be relatively high over the next week. Power only demand is projected to rise this week for Southwestern Ontario, Fort Worth, Texas, Tulsa, Okla., and Phoenix.

Where Demand and Freight Rates Are Likely To Be Low or Falling

  • Flatbed demand and rates for Central Ontario are likely to remain low over the coming week.
  • Reefer demand and rates for Billings, Mont., Tallahassee, Fla., and Hartford, Conn., are expected to be extremely low this week. You also can expect reefer demand to/from Ithaca, N.Y., to decrease this week.
  • Power only demand and rates inbound to and outbound from Brooklyn, N.Y., will be low over the next five to seven day period. Power only demand to/from New Castle, Del., is expected to decline in the coming week.

Trucker Tools’ Market Insights and Industry News

  • This week, the five highest demand/rate markets likely will be: 1. Texarkana, Texas (flatbed), 2. El Paso, Texas (power only), 3. Dodge City, Kan. (reefer), 4. Springfield, Mass. (power only), and 5. Ithaca, N.Y. (flatbed).
  • The five lowest demand/rate markets likely will be: 1. Billings, Mont. (reefer), 2. Central Ontario (flatbed), 3. Tallahassee, Fla. (reefer), 4. Hartford, Conn. (reefer), and 5. Brooklyn, N.Y. (power only).
  • This week, the Texarkana, Texas, flatbed market will favor fleets and owner operators by two to one, meaning for each flatbed headed into and out of the area there should be at least two loads to choose from.
  • The most recent Daily Market Update from FreightWaves indicates that national outbound tender rejections are down, as are national volumes.
  • Demand for power only capacity to/from Springfield, Mass., this week is projected to be four times higher than it was during the same week last year.
  • A recent Overdrive owner operator poll found that nearly 70 percent of owner ops report that rates are no longer keeping pace with rising fuel costs.
  • South Carolina port volume was up 26 percent in February when compared with 2021, marking the 12th straight month of year-over-year record volume.

Read our previous report, “Where’s the Freight? Texarkana, Dodge City, Springfield and El Paso Top Markets for Owner Ops/Carriers This Week.” To download the Trucker Tools app, visit https://www.truckertools.com/web/carriers/.

To start using Trucker Tools’ free carrier software platform, visit https://bookaload.truckertools.com/.