The event of Magnum Logistics from a commence-up to an established regional motor copyright and 3rd party logistics company is the results of the ingenuity and labor of numerous individuals. These days, Magnum Logistics has an IT infrastructure, a network of motor copyright partners, and a gaggle of proficient, Experienced administrators in the sector which might be second to none.
In the last three a long time almost 40,000 trucking providers have declared personal bankruptcy or ceased operation. These bankruptcies and closures ended up the result of skyrocketing products expenses, larger insurance premiums, volatility in the cost of diesel fuel, and tighter entry to money. These things, coupled with weak need and depressed freight charges, drove compact and medium sized motor carriers with the Market. How did Magnum Logistics survive in this local weather when bigger, much better-proven, greater-capitalized firms didn't?
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