Happy Friday, truckers and carriers, and welcome to your end-of-week edition of “Where’s the Freight?,” Trucker Tools’ free freight forecast for fleets and owner operators. As we inch closer to the Christmas holiday, consumer retail spending continues to push demand for truck capacity higher across North America. With the growing season over in many parts of North America, produce import volumes along the Southern U.S. border are increasing as well. This week, you can expect demand for reefer capacity in the Tucson and Flagstaff, Ariz., regions to be high. If you run flatbed, you’ll want to put Montreal, Quebec, and Cheyenne, Wyo., at the top of your list in the coming week, as both markets are projected to be hot markets for flatbed over the next five to seven days. You also can expect demand and rates for power only capacity to/from Philadelphia to rise in the coming week.
For more market insights and projections, scroll down to read the rest of this Friday edition of Trucker Tools’ “Where’s the Freight?”
Where Demand and Rates Are Likely To Be High or Rising
- Flatbed demand is projected to be high this week for Montreal, Quebec. Flatbed demand and rates to/from Cheyenne, Wyo., Jonesboro, Ark., and Texarkana, Texas, likely will increase over the next five to seven day period.
- Reefer demand is likely to be high in the coming week for Tucson, Ariz., Edmonton, Alberta, Flagstaff, Ariz., and Dodge City, Kan. Reefer demand (and rates) are expected to increase this week for Grand Junction, Colo.
- Power only demand and rates to/from Philadelphia are projected to increase in the next five to seven days.
Where Demand and Rates Are Likely To Be Low or Falling
- Flatbed demand will be low this week for New Castle, Del., and Calgary, Alberta. Demand for flatbed capacity is likely to decrease in the coming week for Gary, Ind.
- Reefer demand to/from Hartford, Conn., and Tallahassee, Fla., will remain extremely low over the next five to seven days. Demand for reefer capacity to/from Texarkana, Texas, is expected to decline this week.
- Power only demand is likely to be very low for Rochester, N.Y.
- Dry van demand is projected to decrease in the coming week for Northern Ontario.
Trucker Tools’ Market Insights
- This week, the five highest demand/rate markets in North America likely will be: 1. Tucson, Ariz. (reefer), 2. Edmonton, Alberta (reefer), 3. Flagstaff, Ariz. (reefer), 4. Montreal, Quebec (flatbed), and 5. Dodge City, Kan. (reefer).
- The five lowest demand/rate markets likely will be: 1. Rochester, N.Y. (power only), 2. Hartford, Conn. (reefer), 3. New Castle, Del. (flatbed), 4. Calgary, Alberta (flatbed), and 5. Tallahassee, Fla. (reefer).
- The latest Daily Market Update from FreightWaves finds that national outbound tender rejections and volumes are up.
- This week, demand for reefer capacity inbound to and outbound from Flagstaff, Ariz., will be six times higher than it was during the same week in 2020.
- The latest Specialty Crops National Truck Rate Report from the U.S.D.A. finds truck shortages in these areas: Mexico crossings through Nogales, Ariz., San Luis Valley Colorado, Idaho and Malheur County Oregon, Upper Valley and Twin Falls-Burley District, Minnesota-North Dakota (Red River Valley), Columbia Basin Washington, and the Yakima Valley and Wenatchee District Washington.
- Just a week after tornadoes hit Kentucky, Tennessee, Illinois, Mississippi and Arkansas, multiple tornadoes were reported this week in Minnesota and Western Wisconsin. Drive safe, truckers!
- The Specialized Carriers & Rigging Association recently recognized heavy-haul companies Precision Specialized Inc., Omega Morgan and Emmert International at its annual conference for moving challenging, heavy-specialized loads this year.
- The national average price for diesel has decreased by 2.5 cents according to data released last Friday. This is the fourth consecutive week that diesel prices have declined, however, a gallon of diesel still costs $1.09 more than it did in December of 2020.
Don’t forget to check out the previous edition of our free freight forecast, Where’s the Freight? Edmonton, Tucson, Winnipeg, Dodge City and Montreal To See High Demand for Capacity This Week.