Where’s the Freight? Tucson, Texarkana, Portland, Fort Wayne and Dodge City Top Freight Markets This Week
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Happy Wednesday and welcome to the mid-week edition of “Where’s the Freight?,” Trucker Tools’ free freight market report for truckers and carriers. The insights that you see in this and every edition of “Where’s the Freight?” are based on real-world transactions between freight brokers, carriers and drivers using Trucker Tools’ technology.
In today’s
freight forecast, you’ll notice that demand for reefer and power only
capacity is projected to remain high in several U.S. markets, while demand
for flatbed capacity is likely to cool in the coming week. As we inch closer to
July 4th, it should come as no surprise that the Tucson, Ariz.,
reefer market is projected to see the highest demand for capacity this week, as
folks around the nation get ready for the holiday weekend. If you’re running
power only loads this week, you’ll want to prioritize loads to/from Portland,
Ore., as demand for power only capacity is projected to be high in the area.
For more
insights into which regions across the United States and Canada will see high
demand for capacity over the next five to seven days, check out the rest of
this Wednesday edition of “Where’s the Freight?” below.
Where Demand
and Rates Will Be High or Rising This Week
Reefer demand and rates for Tucson,
Ariz., Texarkana, Texas, and Dodge City, are likely to be extremely high.
Power only demand and rates for Portland,
Ore., and Fort Wayne, Ind., are projected to be high. Power only demand to/from
Cape Girardeau, Mo., San Francisco and Fort Worth, Texas, is expected to
increase.
Dry van demand and rates for Eastern
Ontario are likely to increase.
Where Demand
and Rates Will Be Low or Falling This Week
Flatbed demand and rates for Minot, N.D.,
and Brooklyn, N.Y., are expected to be very low. Flatbed demand to/from
Southwestern Ontario is projected to decline.
Reefer demand and rates for Minot, N.D., and
Pittsburgh are likely to be extremely low. Reefer demand to/from Winnipeg,
Manitoba, is expected to decrease.
Dry van demand and rates for Northern
Ontario likely will be low.
Trucker
Tools’ Market Insights and Industry News
Five Hottest Markets this week: 1. Tucson, Ariz. (reefer), 2. Texarkana, Texas (reefer), 3. Portland, Ore. (power only), 4. Fort Wayne, Ind. (power only), and 5. Dodge City, Kan. (reefer).
Five Coldest Markets this week: 1. Minot, N.D. (reefer), 2. Northern Ontario (dry van), 3. Minot, N.D. (flatbed), 4. Pittsburgh (reefer), and 5. Brooklyn, N.Y. (flatbed).
Over the next five to seven days, demand for reefer capacity inbound to and outbound from Tucson, Ariz., is projected to be twice as high as it was during the same week last year.
Market To Avoid: The Minot, N.D., reefer and flatbed markets are expected to favor shippers by more than four to one in the coming week, meaning there likely will be only one reefer or flatbed load for every four refrigerated/flatbed trailers headed into and out of the region.
In May, the Gulf Coast’s Port of Houston hit an all-time record high for monthly container volumes, including a 72 percent year-over-year increase of steel imports and 83 percent year-over-year increase of general cargo imports.
