Posts

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 […]

50% More Freight Volume than 2019 and Hurricane Laura Update

Another record week in terms of freight volume being tendered. The United States now has 50.45% more tendered loads than this time last year. This is 20% higher than the March restock peak. Last week it looked as though tender rejections had peaked, but unfortunately, that was not the case. At 24.35% of loads being […]

Truck Market Update 8.18.2020

Daily Load Volumes Increase Steadily 2-3%/Week Daily tender volumes continue to rise. They have risen another 14% in the past month and are increasing steadily at 2-3% each week, mostly due to manufactures repositioning their facilities to accommodate new demand. Correspondingly, the outbound tender rejection is still seeing an overall upward trend at 22.67% of loads […]

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 Named as a Top Freight Brokerage Firm

MegaCorp Logistics Ranks #35 in the Nation for Freight Brokerage Companies. MegaCorp Logistics, headquartered in Wilmington, NC, with offices throughout the country, was named as a Top 35 Freight Brokerage Firm in the US by Transport Topics. The publication is the highly-regarded news leader in freight transportation and has been for the last 80 years. […]

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 […]