Posts

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 […]

Fright Volumes Temporarily Decrease, Tender Rejections Remain Elevated

Freight volumes temporarily decrease this week, as expected for the days following a holiday. The image to the right shows the dip in freight volume after a holiday occurs. It becomes clear where Memorial Day, 4th of July, Labor Day, Thanksgiving, and Christmas fall every year and it is evident that the dips are only temporary. […]

Freight Market Update September 1, 2020

  50% More Freight Than 2019 Holds Steady Freight volumes are holding steady since last week, with approximately 50% more freight on the road than this time last year. This steady surge in truckloads stems from consumers changing their spending habits, with more at-home-meals/home improvements/etc; an influx of shipments arriving to the ports that were […]

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 […]

MegaCorp Ranked #25 On Entrepreneur Magazine’s 360 List

MegaCorp Logistics has been ranked number 25 (up from 56 in 2017) on the fourth 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. “We are extremely honored to be named […]

MegaCorp Logistics Sponsors PGA Tour Player Brian Harman

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 […]

Summer Solstice & Logistics

  It’s officially summer! Today is the Summer Solstice. The analemma (figure 8 looking image) is what Meteorologists use to calculate the sun angle at noon on any given day.  Today, in the northern hemisphere, the sun is at its highest spot in the sky for the year.  This means the sun is directly over […]