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August 3, 2022 | Trucker Tools

Where’s the Freight? Texarkana, New Castle, Philadelphia and Ithaca Top Markets for Truckers and Carriers This Week

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Welcome to your mid-week edition of “Where’s the Freight?,” Trucker Tools’ free freight market report for fleets and drivers. In this and every edition of “Where’s the Freight?,” you’ll discover where demand and rates are projected to be high, low, increasing and decreasing over the next five to seven days.

As we look ahead to the next week, you can expect extremely high demand for flatbed capacity inbound to and outbound from Texarkana, Texas. The region is known as a manufacturing center for lumber products, mobile homes, municipal hardware, railroad tank cars, sand and gravel, which is likely driving elevated demand. In the coming week, you also can expect to see high demand for power only capacity for New Castle, Del., as well as an uptick in demand for power only capacity inbound to and outbound from Savannah, Ga., and Denver. If you run reefer, you’ll want to monitor the Ithaca, N.Y., reefer market in the coming week, as demand is projected to increase significantly.

Where Freight Demand/Rates Will Be Highest or Rising This Week

  • Flatbed demand and rates for Texarkana, Texas, will remain very high. Demand for flatbed capacity to/from Huntington, W.Va., is likely to increase.
  • Reefer demand and rates for Texarkana, Texas, will be relatively high. Demand for reefer capacity to/from Ithaca, N.Y., and Dodge City, Kan., is expected to rise.
  • Power only demand and rates for New Castle, Del., and Philadelphia are likely to be elevated. Power only demand to/from Savannah, Ga., and Denver is expected to increase.
  • Dry van demand and rates for Ithaca, N.Y., will be somewhat elevated.

Where Freight Demand/Rates Will Be Lowest or Falling This Week

  • Flatbed demand and rates for Springfield, Mass., and Edmonton, Alberta, are expected to be very low.
  • Reefer demand and rates for Billings, Mont., are likely to be low. Reefer demand to/from Toronto, Ontario, is projected to decline.
  • Power only demand and rates for Toledo, Ohio, and Stockton, Calif., likely will be extremely low.

Trucker Tools’ Market Insights and Industry News

  • Five Hottest Markets this week: 1. Texarkana, Texas (flatbed), 2. New Castle, Del. (power only), 3. Philadelphia (power only), 4. Ithaca, N.Y. (dry van), and 5. Texarkana, Texas (reefer).
  • Five Coldest Markets this week: 1. Toledo, Ohio (power only), 2. Stockton, Calif. (power only), 3. Springfield, Mass. (flatbed), 4. Edmonton, Alberta (flatbed), and 5. Billings, Mont. (reefer).
  • Market To Watch: In the coming week, the Texarkana, Texas, flatbed market will see extremely high demand, with demand expected to be twice as high as it was during the same week in 2021.
  • This week, the Savannah, Ga., power only market will favor owner operators and fleets by more than two to one, meaning there likely will be at least two power only loads available to every driver headed into and out of the region.
  • Last week, the Logistics Managers’ Index released its July report, which found a decrease in demand in transportation markets with its lowest reading since May 2020 following 27 consecutive months of growth.
  • The latest government data finds that the national average price for diesel has declined for the sixth consecutive week, with a decrease of 13 cents over the last week.

For more market insights, be sure to read the previous edition of our free market report, “Where’s the Freight? Texarkana, New Castle, Savannah, Southwestern Ontario and Tucson Hottest Freight Markets This Week.”

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