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 […]

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 […]

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 […]

Truck Market Analysis: Q2 2018

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 […]

Truck Market Analysis: Q1 2018

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 […]

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 […]