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October 14, 2022 | TruckerTools

Where’s the Freight? Texarkana, Spokane, Ithaca and Dodge City To See High Demand in Coming Week

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MARKET INDEX REPORT

Welcome to the T.G.I.F. edition of “Where’s the Freight?,” Trucker Tools’ free freight market report for drivers and fleets. Our free freight market report tells you where demand and rates for truck capacity will be highest and lowest across the United States and Canada over the next five to seven days. 

The forecast for this coming week projects that the Texarkana, Texas, reefer market will see extremely high demand, which is why it’s ranked number one in today’s Top Five Hottest Markets list. The Texarkana, Texas, flatbed market makes an appearance in today’s Top Five as well, snagging the number two spot. Also of note in today’s market report, demand for power only capacity inbound to and outbound from Fort Wayne, Ind., is expected to surge upwards this week, while Ithaca, N.Y., will be a hot spot for dry van freight.

Where Demand/Rates Will Be Highest or Rising This Week

  • Flatbed demand and rates for Texarkana, Texas, once again are projected to be high. 
  • Reefer demand and rates for Texarkana, Texas, Spokane, Wash., and Dodge City, Kan., are likely to be very high. Reefer demand to/from Wheeling, W.Va., and Decatur, Ala., is expected to increase
  • Power only demand and rates for Fort Wayne, Ind., Montgomery, Ala., and New Castle, Del., are projected to rise.
  • Dry van demand and rates for Ithaca, N.Y., are expected to be high.

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

  • Flatbed demand and rates for Brooklyn, N.Y., Washington D.C., and Flagstaff, Ariz., will be extremely low. 
  • Reefer demand and rates for Pittsburgh and Rapid City, S.D., are projected to be low. Reefer demand to/from Edmonton, Alberta, is likely to decline.
  • Power only demand and rates for El Paso, Texas, and Richmond, Va., are expected to decrease.
  • Dry van demand and rates for Gary, Ind., are likely to decline.

Trucker Tools’ Market Insights and Industry News

  • Five Hottest Markets this week: 1. Texarkana, Texas (reefer), 2. Texarkana, Texas (flatbed), 3. Spokane, Wash. (reefer), 4. Ithaca, N.Y. (dry van), and 5. Dodge City, Kan. (reefer).
  • Five Coldest Markets this week: 1. Brooklyn, N.Y. (flatbed), 2. Pittsburgh (reefer), 3. Washington D.C. (flatbed), 4. Flagstaff, Ariz. (flatbed), and 5. Rapid City, S.D. (reefer). 
  • Market To Watch: In the coming week, demand for reefer capacity inbound to and outbound from Texarkana, Texas, is projected to be twice as high as it was during the same week in 2021. 
  • The newest Specialty Crops National Truck Rate Report from the U.S.D.A. indicates there are slight capacity shortages in the Upper Valley/Twin Falls-Burley District of Idaho and in Eastern North Carolina. 
  • According to ATBS’ mid-year benchmarking updatethe consistent number one cause of owner operator business failure in the current market is a major mechanical breakdown. 
  • Yesterday’s SONAR Sightings from FreightWaves reports that outbound volumes for Nashville, Tenn., are trending up and recently hit a five-month high. 

For more market insights, check out our previous freight market report, “Where’s the Freight? Dodge City, Texarkana, Rapid City and Gary Top Markets for Truckers and Carriers This Week.” 

To download Trucker Tools’ free driver app, visit https://www.truckertools.com/carriers/trucker-tools-app/. To start using Trucker Tools’ free carrier software platform, visit https://bookaload.truckertools.com/

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