Posts

Slight “Relief” Before The Holiday Freight Surge

Freight Market Update – October 20, 2020 As we predicted earlier this month, there is a slight, temporary decline in overall tenders compared to the last couple of weeks. This trend should continue into next week, then the holiday increase will pick up right after Halloween and continue to rise through mid-December. Even with the […]

Holding Steady Before Another Increase

Temporary Plateau There is no change from last week with freight volumes holding steady overall with 45%-50% more freight tendered weekly, compared to this time last year. Is this where the freight market will stay? Unfortunately, it will probably get a bit worse before any sustainable relief occurs. As shown within the top chart (according […]

The “New Normal”

This freight market is here to stay for the remainder of the year. We are currently six months after the panic-buying surge from early spring. Back then, it appeared to be the peak of COVID-related buying/shipping trends, when freight volumes plummeted in May as most of the country was experiencing “stay at home” orders. It […]

Freight Volumes Slightly Decrease, Rates Remain High

This week there is a good news/bad news situation for the freight market. The good news is that tender volumes are decreasing and tender rejections are coming down slightly. However, the bad news is that this means about one in four loads are still being rejected by carriers to seek even higher paying loads and/or […]

Freight Volumes and Tender Rejections Remain Extreme

Freight volumes have returned to the new “normal” after the temporary decrease in volume last week, which was expected after Labor Day weekend. The United States has almost 50% more freight on the road than this time last year. Tender rejections are still happening at an alarming rate of 25.63%. This means that over one […]

MegaCorp Is One Of Inc. Magazine’s Best Workplaces 2020

MegaCorp Logistics has been named one of Inc. magazine’s Best Workplaces 2020   MegaCorp Logistics has been named one of Inc. magazine’s Best Workplaces for 2020. MegaCorp Logistics is one of the highest-scoring businesses, with standout employee engagement. Hitting newsstands May 12 in the May/June 2020 issue, and as part of a prominent Inc.com feature, […]

MegaCorp Is One Of Inc. Magazine’s Best Workplaces 2019

MegaCorp Is One Of Inc. Magazine’s Best Workplaces 2019 MegaCorp Logistics has been named one of Inc. magazine’s Best Workplaces for 2019. MegaCorp Logistics is one of the highest-scoring businesses, with standout employee engagement. Hitting newsstands May 28 in the June 2019 issue, and as part of a prominent Inc.com feature, the list is the […]

MegaCorp Logistics Named As A Top Freight Brokerage Company

MegaCorp Logistics Named as a Top 4o Freight Brokerage Company MegaCorp Logistics, headquartered in Wilmington, NC, with offices throughout the country, was named as a Top 40 Freight Brokerage Firm (third party logistics provider) in the US by Transport Topics (to view the entire list, click here). The publication is the highly-regarded news leader in […]