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. […]

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 August 10, 2020

NATIONAL FREIGHT VOLUME: 31% Above 2018-2019 The freight market is still amid a shake-up. Tender rejections were higher last week in 87% of the 135 freight markets we monitor compared to last week as volumes maintained their strength, carriers rejected more freight, and spot rates found renewed momentum. Due to the data we have access […]

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. […]

MegaDecade Celebration

We recently celebrated our 10th Anniversary – a MegaDecade! Our Founders, Denise and Ryan Legg, launched MegaCorp in 2009 with the vision of a company that felt like family; a company that gave back to the employees and did not treat them like just a number. We are happy to report that culture still rings […]