And…stay in the region!
The only thing more difficult than finding a load these days is finding one that covers costs!
Hopefully, this helps. Blue to Blue!
We have discussed this in the past and it is worth bringing up again. There are loads out there – and market volatility does exist – even in long-trend environments like the one we are in at present.
You need the tools to understand where those opportunities can be found.
The FreightWaves SONAR chart below is a Most Volatile Markets chart on the left and a heat map of the U.S. on the right.
The column on the left in all green is the Outbound Rejection Volatility index. It will only turn green when a market’s capacity tightens outside the normal fluctuations for that market. That means a significant change has occurred and the market is likely to have a reaction.
The markets displayed, and more, are experiencing tightening capacity and upward pressure on rates.
The map to the right is filtered to display changes by region on a weekly basis. Capacity in the blue regions has tightened over the past week, while the red regions have loosened.
At this time, the Southwest and Midwest regions are best for finding higher-paying loads.
However, those mid-haul 350-plus mile runs are the highest paying loads. They keep a truck in the region and are paying over the national average.
Check out the Chicago to Columbus chart below.
I found similar results out West by staying in the region.
Read more articles from Michael “The Dude” Vincent
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