The event of Magnum Logistics from a start out-around a longtime regional motor carrier and third party logistics service provider is the results of the ingenuity and labor of diverse men and women. Nowadays, Magnum Logistics has an IT infrastructure, a community of motor provider partners, and a bunch of educated, Experienced supervisors in the sphere that happen to be second to none.
Over the past three many years practically 40,000 trucking organizations have declared personal bankruptcy or ceased Procedure. These bankruptcies and closures had been the results of skyrocketing devices charges, bigger coverage premiums, volatility in the cost of diesel gasoline, and tighter usage of money. These factors, coupled with weak desire and depressed freight premiums, drove small and medium sized motor carriers through the Market. How did Magnum Logistics endure Within this local weather when much larger, improved-established, far better-capitalized corporations didn't?
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