Happy Friday and welcome to your end-of-week edition of “Where’s the Freight?,” Trucker Tools’ free freight forecast for owner operators and trucking companies. As we close out the first full week of the new year, demand for reefer capacity remains high in one Southern U.S. border region, while reefer demand and rates are projected to increase this week in two of Canada’s “Prairie Provinces.” In the coming week, you can expect Stockton, Calif., to be a hot spot for power only capacity and Omaha, Neb., to be a cold spot for power only. If you’re hauling flatbed, you may want to prioritize loads to and from Dodge City, Kan., Texarkana, Texas, and Roanoke, Va., this week, as flatbed demand is expected to be strong in all three of these areas over the next five to seven days.
For more insights into which freight markets across North America will see the highest and lowest demand/rates for flatbed, reefer and power only capacity this week, 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 and rates for Dodge City, Kan., and Texarkana, Texas, are expected to be relatively high in the coming week. You also can expect flatbed demand to/from Roanoke, Va., to increase this week.
- Reefer demand and rates are projected to be high over the next five to seven day period for Tucson, Ariz. Reefer demand likely will increase this week for Decatur, Ala., Winnipeg, Manitoba, Edmonton, Alberta, and Dodge City, Kan.
- Power only demand and rates to/from Wichita, Kan., and Stockton, Calif., will be relatively high in the coming week.
Where Demand and Rates Are Likely To Be Low or Falling
- Flatbed demand and rates are expected to be very low this week for Joplin, Mo., and Edmonton, Alberta. Demand for flatbed capacity is likely to decline this week for Rapid City, S.D., and Billings, Mont.
- Reefer demand and rates to/from Hartford, Conn., are likely to remain low over the next five to seven days.
- Power only demand and rates to/from Omaha, Neb., and Brooklyn, N.Y., will be extremely low this week. Power only demand to/from Fort Worth, Texas, is expected to decrease this week.
Trucker Tools’ Market Insights
- Over the next five to seven day period, the five most profitable markets for owner operators and carriers likely will be: 1. Tucson, Ariz. (reefer), 2. Wichita, Kan., (power only), 3. Dodge City, Kan. (flatbed), 4. Stockton, Calif. (power only), and 5. Texarkana, Texas (flatbed).
- This week, the five least profitable markets likely will be: 1. Omaha, Neb. (power only), 2. Brooklyn, N.Y. (power only), 3. Hartford, Conn. (reefer), 4. Joplin, Mo. (flatbed), and 5. Edmonton, Alberta (flatbed).
- This week, demand for power only capacity to/from Wichita, Kan., is projected to be 12 times higher than it was during the same week in 2021.
- Today’s Daily Market Update from FreightWaves indicates that national outbound rejections are down, while national freight volumes are up.
- Demand for reefer capacity to/from Tucson, Ariz., this week is projected to be 20 percent higher than it was during the same week last year.
- Yesterday the FMCSA filed an official request with the federal Office of Management and Budget requesting emergency approval of a three-year pilot apprenticeship program that would allow trucking companies to hire drivers between the ages of 18 and 20 to move freight across state lines.
- The national average price of diesel fuel decreased by two-tenths of a cent to $3.613/gallon last week, marking the seventh consecutive week that the national average price of diesel has dropped since Nov. 15. Despite the decreases, a gallon of diesel costs nearly $1.00 more than it did one year ago.
- Earlier this week, the Port of Oakland announced that it’s opening a 25-acre temporary container yard outside the port’s facilities to improve truck turnaround times.
Check out the previous edition of Trucker Tools’ free market report, Where’s the Freight? Dodge City, Montreal, Tucson and Edmonton Highest Demand Markets in North America This Week, for more market insights.