Happy Friday and welcome to the newest edition of “Where’s the Freight?,” Trucker Tools’ free freight forecast for fleets and drivers. As always, our free market report provides you with information on where demand and rates are likely to be highest and lowest across the United States and Canada in the coming week.
As we look ahead to the next five to seven day period, demand for reefer capacity is expected to be relatively high in several markets, including Winnipeg, Manitoba. Winnipeg is home to the largest egg processing plant in Canada and Manitoba counts food processing as its largest industry. Also of note in today’s freight forecast is that Texarkana, Texas, is projected to see high demand for flatbed capacity in the coming week and decreasing demand for reefer capacity. Once again, Springfield, Mass., is projected to be a hot spot for power only capacity and demand for power only capacity to/from Fort Wayne, Ind., is likely to increase this week.
Scroll on down to discover where else demand and rates for flatbed, reefer, power only and dry van capacity will be highest and lowest in this Friday edition of “Where’s the Freight?”
Where Demand/Rates Are Projected To Be High or Increasing This Week
- Flatbed demand and rates for Texarkana, Texas, will be relatively high. Flatbed demand to/from Lexington, Ky., and Northern Ontario is likely to increase.
- Reefer demand and rates for Tucson, Ariz., Winnipeg, Manitoba, and Dodge City, Kan., are expected to be high.
- Power only demand and rates for Springfield, Mass., are expected to remain somewhat elevated. Demand for power only capacity to/from Fort Wayne, Ind., and Bloomington, Ill., is projected to rise.
Where Freight Demand/Rates Are Projected To Be Low or Decreasing This Week
- Flatbed demand and rates for Fargo, N.D., Edmonton, Alberta, and Northern Ontario, will be low.
- Reefer demand and rates for Texarkana, Texas, are expected to decline.
- Power only demand and rates for Brooklyn, N.Y., and Cedar Rapids, Iowa, will be low. Demand for power only capacity to/from Las Vegas is likely to decrease.
- Dry van demand and rates for Northern Ontario are expected to decline.
Trucker Tools’ Market Insights and Industry News
- This week, these are likely to be the five most profitable markets for fleets and owner operators: 1. Tucson, Ariz., (reefer), 2. Texarkana, Texas (flatbed), 3. Winnipeg, Manitoba (reefer), 4. Dodge City, Kan. (reefer), and 5. Springfield, Mass. (power only).
- The five least profitable markets for fleets and owner operatorslikely will be: 1. Fargo, N.D. (flatbed), 2. Edmonton, Alberta (flatbed), 3. Brooklyn, N.Y. (flatbed), 4. Northern Ontario (flatbed), and 5. Cedar Rapids, Iowa (power only).
- Last month, the Port of Long Beach recorded its busiest April ever.
- April also was the 11th consecutive month that East Coast and Gulf Coast ports outperformed West Coast ports.
- This week, the Texarkana, Texas, flatbed market will favor owner ops and fleets by two to one.
- Last week, dry van per-mile linehaul rates were down for the 17th consecutive week.
For more market insights, be sure to check out the previous edition of our free freight forecast, “Where’s the Freight? High Demand for Capacity for Tucson, Jonesboro, Fort Wayne, Winnipeg and Springfield in Coming Week.”
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