Happy Friday, y’all, and welcome to your end of week edition of Where’s the Freight?,” Trucker Tools’ free market report for owner operators and fleets. As we look ahead to the next five to seven days, you can expect power only demand and rates to be on the rise in Birmingham, Ala., Cedar Rapids, Iowa, and Cape Girardeau, Mo. This week, you also can expect reefer demand and rates to remain elevated for Tucson, Ariz., and Dodge City, Kan., and for reefer demand to/from Dodge City, Kan., to increase further over the course of the week. If you run dry van, you’ll want to avoid accepting loads inbound to and outbound from Winnipeg, Manitoba this week, as demand and rates for dry van capacity are projected to be extremely low. All of you flatbedders out there may want to make Texarkana, Texas, and Rapid City, S.D., a priority this week, as both markets are projected to see relatively high demand for flatbed capacity over the next week.
For more insights into which markets will be hot and cold in the coming week, read the rest of this Friday edition of “Where’s the Freight?” below.
Where Demand and Rates Are Likely To Be High or Rising
- Flatbed demand and rates to/from Texarkana, Texas, and Rapid City, S.D., will remain relatively strong over the next week.
- Reefer demand and rates for Tucson, Ariz., and Dodge City, Kan., will continue to be high this week. You also can expect reefer demand to/from Dodge City, Kan., to increase in the coming week.
- Power only demand and rates inbound to and outbound from Phoenix are likely to be relatively high over the next five to seven day period. Power only demand is projected to rise this week for Brooklyn, N.Y., Birmingham, Ala., Cedar Rapids, Iowa, and Cape Girardeau, Mo.
Where Demand and Rates Are Likely To Be Low or Falling
- Flatbed demand and rates inbound to and outbound from Fargo, N.D., are projected to be low over the next five to seven days. Look for flatbed demand to/from Medford, Ore., to decline this week.
- Reefer demand and rates for Southwestern Ontario and Billings, Mont., are projected to be extremely low in the coming week.
- Power only demand and rates for Brooklyn, N.Y., are expected to be low this week. Power only demand to/from Springfield, Mass., and Green Bay, Wisc., is likely to decline over the next week.
- Dry van demand and rates inbound to and outbound from Winnipeg, Manitoba, are projected to be extremely low over the next five to seven day period.
Trucker Tools’ Market Insights and Industry News
- This week, the five highest demand markets likely will be: 1. Tucson, Ariz. (reefer), 2. Texarkana, Texas (flatbed), 3. Dodge City, Kan. (reefer), 4. Rapid City, S.D. (flatbed), and 5. Phoenix (power only).
- The five lowest demand markets likely will be: 1. Southwestern Ontario (reefer), 2. Brooklyn, N.Y. (power only), 3. Fargo, N.D. (flatbed), 4. Winnipeg, Manitoba (dry van), and 5. Billings, Mont. (reefer).
- The latest Daily Market Update from FreightWaves indicates that national outbound tender rejections are up, while volumes are down slightly.
- This week, the Texarkana, Texas, flatbed market will continue to favor owner operators and fleets by nearly three to one, meaning for each flatbed trailer headed into/out of the area, there should be three loads available.
- The Cape Girardeau, Mo., power only market makes its first appearance in “Where’s the Freight?” today. Situated on the Mississippi River, Cape Girardeau, Mo., counts trade and transportation as one of its top industries.
- Diesel prices in California rose to $5.185/gallon yesterday due to Russia’s invasion of Ukraine and resulting surging oil prices.
- Last week, the FMCSA again extended its COVID-19 emergency declaration that exempts truckers hauling certain commodities from HOS time limits.
For more market insights, be sure to check out Where’s the Freight? Dodge City, Springfield, Rapid City, Tucson and Texarkana Best Markets for Owner Ops and Carriers Over Next Week.
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