Where’s the Freight? Texarkana, New Castle, Dodge City and Tucson Hot Markets for Owner Ops and Carriers This Week
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Over the next
five to seven day period, demand and rates for flatbed and reefer capacity
will be high and/or rising in several U.S. markets, including Norfolk, Va.,
Tucson, Ariz., and Shreveport, La. You’ll notice in today’s forecast that
Texarkana, Texas, ranks number one and number two in today’s Top Five Hottest
Markets list for its flatbed and reefer markets, while the Huntington, W.Va.,
power only market is projected to see the lowest demand for capacity across the
United States and Canada in the coming week. In the world of dry van, expect to
see extremely low demand and rates inbound and outbound from Grand Junction,
Colo., as well as declining dry van demand to/from Eastern Ontario.
Where Demand/Rates
Will Be Highest or Rising This Week
Flatbed demand and rates for Texarkana,
Texas, once again will be very high. Demand for flatbed capacity to/from
Norfolk, Va., Montgomery, Ala., and Shreveport, La., is expected to rise.
Reefer demand and rates for Texarkana,
Texas, Dodge City, Kan., and Tucson, Ariz., are projected to be high. Demand
for reefer capacity inbound to and outbound from Winnipeg, Manitoba, and
Texarkana, Texas, is likely to increase.
Power only demand and rates for New
Castle, Del., likely will be elevated.
Where Freight
Demand/Rates Will Be Lowest or Falling This Week
Flatbed demand and rates for Fargo, N.D.,
and Joplin, Mo., will be very low. Flatbed demand to/from Calgary, Alberta, and
Rapid City, S.D., is expected to decline.
Power only demand and rates for Huntington,
W.Va., and Fresno, Calif., are projected to be extremely low. Power only demand
to/from Boston is likely to decrease.
Dry van demand and rates for Grand
Junction, Colo., will be low. Dry van demand for Eastern Ontario is expected to
fall.
Trucker
Tools’ Market Insights and Industry News
Five Hottest Markets this week: 1. Texarkana, Texas (flatbed), 2. Texarkana, Texas (reefer), 3. New Castle, Del. (power only), 4. Dodge City, Kan. (reefer), and 5. Tucson, Ariz. (reefer).
Five Coldest Markets this week: 1. Huntington, W.Va. (power only), 2. Fargo, N.D. (flatbed), 3. Joplin, Mo. (flatbed), 4. Grand Junction, Colo. (dry van), and 5. Fresno, Calif. (power only).
Market To Watch: Over the next week, demand for reefer capacity to/from Texarkana, Texas, is expected to increase by 30 percent.
The Cass Freight Index is showingtruckload rates are likely to drop further in the coming weeks, as consumer spend on services and experiences outpaces spending on physical goods.
