Happy Wednesday, y’all, and welcome to the midweek edition of Where’s the Freight?,” Trucker Tools’ free market report for fleets and owner operators. As always, this edition of “Where’s the Freight?” uses the latest data from Trucker Tools’ driver, carrier and broker software platforms to predict where demand for specific types of capacity will be high and low in the coming week.

Demand for reefer and flatbed capacity will remain strong in several major markets this week, with the Texarkana, Texas, flatbed market and Tucson, Ariz., reefer market claiming the top two spots in today’s Top Five Hottest Markets list. In fact, today’s entire Top Five list is dominated by reefer and flatbed markets. If you run dry van, you’ll want to keep an eye on the Saskatoon, Saskatchewan, market in the coming week, as demand (and rates) are projected to rise there. For those of you running power only loads, you’ll want to avoid loads to/from Detroit and Brooklyn, N.Y., over the next five to seven days, as demand and rates in both markets are expected to be extremely low.

If you’re ready to find out where else demand and rates will be highest and lowest in the coming week, scroll down to read the rest of this Wednesday edition of Trucker Tools’ “Where’s the Freight?”

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

  • Flatbed demand and rates for Texarkana, Texas, Rapid City, S.D., and Lubbock, Texas, likely will be high over the next five to seven days. Flatbed demand for Ithaca, N.Y., is projected to increase this week.
  • Reefer demand and rates for Tucson, Ariz., and Dodge City, Kan., will remain high over the next week. You can expect reefer demand to increase this week for Edmonton, Alberta, and Winnipeg, Manitoba.
  • Dry van demand and rates for Saskatoon, Saskatchewan, are projected to rise this week.
  • Power only demand and rates to/from Richmond, Va., are likely to increase in the coming week.

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

  • Flatbed demand and rates to/from El Paso, Texas, and Fargo, N.D., will be low this week. Demand for flatbed capacity is projected to decline this week for Huntington, W.Va.
  • Reefer demand and rates to/from Brooklyn, N.Y., are likely to be low over the next five to seven days.
  • Power only demand and rates inbound to and outbound from Detroit and Brooklyn, N.Y., are expected to be extremely low in the coming week. Power only demand to/from Phoenix is likely to decline this week.

Trucker Tools’ Market Insights and Industry News

  • These are likely to be the five best markets for owner operators and carriers in the coming week: 1. Texarkana, Texas (flatbed), 2. Tucson, Ariz. (reefer), 3. Dodge City, Kan. (reefer), 4. Rapid City, S.D. (flatbed), and 5. Lubbock, Texas (flatbed).
  • These are likely to be the five worst markets for owner operators and carriers this week: 1. El Paso, Texas (flatbed), 2. Detroit (power only), 3. Fargo, N.D. (flatbed), 4. Brooklyn, N.Y. (reefer), and 5. Brooklyn, N.Y. (power only).
  • Over the next five to seven days, the Tucson, Ariz., reefer market is projected to see 50 percent more demand than it did during the same week last year.
  • The latest Daily Market Update from FreightWaves indicates that national outbound tender rejections and national freight volumes are down.
  • National accepted tender volume levels, which measure demand for capacity, fell below year-ago levels for several consecutive days last week, despite volume growth in some smaller markets.
  • This week, the national average price for diesel fuel rose to $5.101/gallon, an increase of more than $2.00/gallon compared with a year ago. New England is the only region where diesel prices decreased this week.

For more market insights, check out the Monday edition of our free freight forecast, “Where’s the Freight? Texarkana, Huntington, Tucson and Dodge City Expected To See High Demand for Capacity This Week” (insert link).

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