The main factors affecting the truck market in the second quarter are the Road Check, ELD Mandate, produce season and driver shortages. Additionally, rising fuel prices and the increasing load-to-truck ratio will have a heavy impact on the market in the summer months of 2018. Nationwide Road Check June 5th-7th The Commercial Vehicle Safety Alliance’s […]
MegaCorp Logistics CEO Donates Two Vehicles MegaCorp founder and CEO Ryan Legg recently donated two vehicles to charitable causes on behalf of MegaCorp Logistics. This past Christmas MegaCorp adopted a family, and during this process, Legg learned they were in need of a vehicle. To their surprise, Legg presented the much-needed vehicle to them this […]
Brian Harman and MegaCorp Logistics PGA Tour Professional, Brian Harman, stopped by MegaCorp’s headquarters earlier this week to meet our staff and to learn more about our day to day operations. He was an absolute pleasure and very personable. Harman had great questions about our industry and was very engaging. Harman met our CEO, Ryan Legg, this fall […]
There are a multitude of factors contributing to the tight truck market that we will cover in this article: ELD Mandate, Consumer Confidence/Spot Market, Driver Shortage, Visa Enforcement and Weather. Electronic Logging Devices (ELDs) The Federal Motor Carrier Safety Administration (FMCSA), a branch of the US Department of Transportation (DOT), has mandated the installation of […]
MegaCorp Logistics has partnered with PGA Tour player, Brian Harman, as one of his title sponsors. Harman won the Wells Fargo Championship in May 2017, which was held in Wilmington, NC, home of MegaCorp’s headquarters. Along with 24 top 10 career finishes, Harman ended 2017 with an impressive 27th ranking in the Official Golf World […]
MegaCorp Ranked #56 On Entrepreneur Magazine’s 360 List MegaCorp Logistics has been ranked number 56 on the third annual Entrepreneur 360 list which names the “Best Entrepreneurial Companies in America.” The list comprises 360 companies, in a variety of industries, that have implemented visionary initiatives impacting their communities for the better. Honorees were chosen […]
Hurricane season’s effect on the trucking and logistics industry runs deeper than closed roads due to flooding or fallen trees. First and foremost, we are praying for those directly affected by the catastrophic storms and doing what we can to help. Labor day through the new year, is typically a busy season with extra truck […]
MegaCorp Logistics Named to Food Logistics’ 2017 Top 3PL & Cold Storage Providers List Food Logistics, the only publication exclusively dedicated to covering the movement of product through the global food supply chain, has named MegaCorp Logistics to its 2017 Top 3PL & Cold Storage Providers list. The Top 3PL & Cold Storage Providers list […]
Consumer confidence, ELDs and the driver shortage are driving the tight truck market. Increased Tonnage and Volume due to Consumer Confidence According to the Market Demand Index (graph to the left), the spot market indicator rose to 35.3 in the last weekly update, compared to one year ago when the index was at 15.9. […]
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