For anyone in the trucking industry, there is one constant: change. Rates change. Customers change. Freight flows change.
But why is there so much change?
While the trucking industry proudly states that is moves America, it is also a dependent industry. Trucks don’t generate product, they deliver it, and because of that, the industry is at the mercy of many factors that drive volatility.
Among those drivers are natural disasters, e-commerce, weather, seasonality, trade policy, regulatory actions and the driver shortage.