You’ve heard plenty of advice about how to make more money in a tough market, but what about understanding what causes the market to fluctuate and contribute to your pay? The transportation industry is no stranger to change, but the past few years have been particularly turbulent. From the disruptive waves of the COVID-19 pandemic to the current economic slowdown, understanding the forces shaping the market is crucial for anyone involved in freight and logistics.

It’s hard to believe we’re already approaching the last quarter of the year. College students have been dropped off at their dorms, children’s backpacks are stuffed with fresh #2 pencils and Crayola crayons and everyone is back in the office after a summer of beach vacations and trips to the cabin. As we navigate the start of fall and the fourth quarter of 2022, it’s important to reflect on where we’ve been thus far. It’s been a rollercoaster year for truck drivers. While the market looked good at the start of the year, predictions were on the nose and in Q3 we saw a slide in spot rates. Fuel hit record-breaking highs in June and drivers became obsessed with fuel efficiency and finding the best fuel prices across the country.