Happy Wednesday and welcome to your mid-week edition of “Where’s the Freight?,” Trucker Tools’ three-times-a-week free freight forecast for owner ops and fleets. Looking ahead to the coming week, you can expect reefer demand and rates to remain high near Nogales, Arizona, a major importation point for produce coming from Mexico, and in cattle farming areas in the U.S. Midwest and Canadian Prairie Provinces. If you run flatbed, you’ll want to make Texarkana, Texas, a priority this week, as demand and rates are projected to be high. Dry van demand and rates to/from Minot, N.D., are expected to increase over the next five to seven days, while demand for power only capacity inbound to and outbound from San Francisco is projected to rise in the coming week.
For more detail on where demand and rates for flatbed, reefer, power only and dry van capacity will be high and low this week, scroll down to read the rest of this Wednesday edition of “Where’s the Freight?”
Where Demand and Rates Are Likely To Be High or Rising
- Flatbed demand and rates to/from Texarkana, Texas, and Fayetteville, Ark., are expected to be relatively high this week. Demand for flatbed capacity inbound to and outbound from Northern Ontario is projected to increase this week.
- Reefer demand and rates for Tucson, Ariz., Winnipeg, Manitoba, and Dodge City, Kan., are likely to be elevated over the next five to seven days. Demand for reefer capacity to/from Dodge City, Kan., and Grand Junction, Colo., is expected to increase this week.
- Power only demand and rates inbound to and outbound from San Francisco are likely to rise in the coming week.
- Dry van demand and rates for Minot, N.D., are projected to increase slightly this week.
Where Demand and Rates Are Likely To Be Low or Falling
- Flatbed demand and rates inbound to and outbound from Eastern Ontario and Brooklyn, N.Y., are expected to be extremely low this week. Flatbed demand to/from Gary, Ind., is expected to decline in the next five to seven day period.
- Reefer demand to/from Vancouver, British Columbia, and Hartford, Conn., are projected to be very low this week.
- Power only demand and rates for Reno, Nev., are likely to be extremely low in the coming week. Power only demand to/from Syracuse, N.Y., is likely to fall in the next five to seven days.
Trucker Tools’ Market Insights and Industry News
- This week, the five best markets for owner ops and fleets likely will be: 1. Texarkana, Texas (flatbed), 2. Tucson, Ariz. (reefer), 3. Winnipeg, Manitoba (reefer), 4. Dodge City, Kan. (reefer), and 5. Fayetteville, Ark. (flatbed).
- The five worst markets for carriers and owner operators this week likely will be: 1. Eastern Ontario (flatbed), 2. Vancouver, British Columbia (reefer), 3. Brooklyn, N.Y. (flatbed), 4. Reno, Nev. (power only), and 5. Hartford, Conn. (reefer).
- In the coming week, demand for flatbed capacity inbound to and outbound from Texarkana, Texas, will be three times higher than it was last year.
- Today’s Daily Market Update from FreightWaves indicates that national outbound tender rejections and volumes are down.
- This week, demand for power only capacity to/from San Francisco is projected to be twice as high as it was during the same week last year.
- A recent report from FreightWaves finds that flatbed tender rejections, which reflect demand, increased last month.
- The governors of Illinois, Oklahoma and Missouri issued states of emergency yesterday due to a major winter storm that is expected to bring freezing rain, heavy snow and blizzard conditions to these and other states today. Drive safely, everyone!
- Diesel fuel prices increased once again during the last week of January, the fourth straight week that prices have increased.
Read the previous edition of our free forecast, Where’s the Freight? Dodge City, New Castle, Tucson, Vancouver and Texarkana Top Markets for Truckers/Carriers This Week, for more market insights.
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