The event of Magnum Logistics from a start off-as many as a longtime regional motor provider and third party logistics supplier is the results of the ingenuity and exertions of various men and women. Nowadays, Magnum Logistics has an IT infrastructure, a network of motor carrier partners, and a gaggle of professional, Experienced administrators in the sector that happen to be 2nd to none.
In the last a few decades virtually forty,000 trucking businesses have declared personal bankruptcy or ceased Procedure. These bankruptcies and closures had been the results of skyrocketing machines expenses, increased insurance premiums, volatility in the cost of diesel gas, and tighter usage of capital. These aspects, coupled with weak desire and frustrated freight rates, drove little and medium sized motor carriers through the marketplace. How did Magnum Logistics survive On this climate when more substantial, much better-proven, improved-capitalized businesses did not?
Present our motorists with the best opportunity to use their expertise and their property to offer for his or her family members.
The motor carriers with mediocre assistance that were satisfactory for assisting to keep the pipeline entire all through occasions of substantial demand from customers couldn’t offer the “Just-in-Time” form of company essential to support shippers eliminate inventories and return to transport direct to their clients. There it had been, the defensible area of interest plus the means to prosper and develop within a weak financial system, all rolled up in a single uncomplicated thought: On Time, On Objective.
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