Welcome to the newest edition of “Where’s the Freight?,” Trucker Tools’ free freight market report for drivers and carriers. Once again, you can expect demand for flatbed capacity to be extremely high to/from Texarkana, Texas, this week as it claims the number one spot in today’s Top Five Hottest Markets list. Over the next week, Fargo, N.D., and Sioux Falls, S.D., are likely to see very low demand for flatbed capacity. For those of you running reefer, you’ll want to prioritize loads to/from Tucson, Ariz., and Dodge City, Kan., in the coming week, as demand is expected to be high, while the Billings, Mont., will see extremely low demand for reefer capacity. This week, dry van demand to/from Eastern Ontario and power only demand to/from Philadelphia are projected to increase.
For details on today’s freight forecast, check out this Monday edition of Trucker Tools’ “Where’s the Freight?” below.
Where Freight Demand and Rates Are Likely To Be High or Rising
- Flatbed demand and rates for Texarkana, Texas, Rapid City, S.D., and Regina, Saskatchewan, will remain high in the coming week. Flatbed demand to/from Regina, Saskatchewan, is expected to rise over the next week.
- Reefer demand and rates for Tucson, Ariz., and Dodge City, Kan., will remain elevated over the next five to seven day period. Reefer demand is projected to increase this week for Corpus Christi, Texas, and Tucson, Ariz.
- Power only demand and rates for Philadelphia are likely to increase this week.
- Dry van demand and rates for Eastern Ontario are expected to rise slightly in the coming week.
Where Freight Demand and Rates Are Likely To Be Low or Falling
- Flatbed demand and rates for Fargo, N.D., and Sioux Falls, S.D., are projected to be extremely low in the next five to seven days. Demand is expected to decline once again this week in the Flagstaff, Ariz., flatbed market.
- Reefer demand and rates to/from Billings, Mont., are likely to be low in the coming week.
- Power only demand and rates inbound to and outbound from Los Angeles and Fort Wayne, Ind., are projected to decline in the next week.
- Dry van demand and rates for Calgary, Alberta, and Regina, Saskatchewan, once again are expected to be extremely low this week.
Trucker Tools’ Market Insights and Industry News
- Over the next week, the five most profitable markets for fleets and owner operators likely will be: 1. Texarkana, Texas (flatbed), 2. Tucson, Ariz. (reefer), 3. Dodge City, Kan. (reefer), 4. Rapid City, S.D. (flatbed), and 5. Regina, Saskatchewan (flatbed).
- The five least profitable markets for fleets and owner operators this weeklikely will be: 1. Fargo, N.D. (flatbed), 2. Calgary, Alberta (dry van), 3. Regina, Saskatchewan (dry van), 4. Sioux Falls, S.D. (flatbed), and 5. Billings, Mont. (reefer).
- Demand for reefer capacity to/from Dodge City, Kan., this week is projected to be approximately four times higher than it was during the same week in 2021.
- Despite some analysts sounding the alarm about declines in freight markets, FTR Intelligence is still forecasting freight growth of three percent for 2022.
- Over the next week, the Billings, Mont., reefer market will favor shippers by more than two to one.
- The Canadian government has delayed its ELD mandate, pushing its requirement for full implementation to Jan. 1, 2023.
For more info on hot and cold markets, be sure to read “Where’s the Freight? Texarkana, Tucson, Regina, Philadelphia and Rapid City Hottest Markets for Drivers and Carriers This Week.”
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