Layoffs and Bankruptcies

A major U.S. alcohol distributor is closing facilities and laying off almost 4,700 workers across seven states.

Intermodal marketing company STG Logistics said Monday it plans to soon exit bankruptcy.

A dozen small carriers and logistics firms filed for bankruptcy in April, signaling continued stress in the fragmented freight market.

Alan Ritchey’s latest shutdown in New Jersey highlights mounting pressure on freight contractors as USPS continues pulling operations in-house.

A new wave of layoffs across logistics providers highlights ongoing contract volatility and soft demand in key freight segments.

From single-truck operators to mid-sized fleets, carriers across the U.S. are filing for bankruptcy as the freight downturn persists.

DSV is shutting down operations at a Texas distribution center after losing a contract, with 391 workers affected.

Rising fixed costs and creditor claims are forcing a small drayage carrier tied to West Coast ports into restructuring.

Under strong pressure from the Teamsters union, UPS has agreed to limit how many drivers it eliminates through an early-retirement program

A growing list of transportation companies filed for Chapter 11 in March, highlighting continued financial strain across the supply chain.

UPS will withdraw its buyout offer for drivers in 13 states because the Teamsters contract in that region gives local unions more rights to object to management’s move.

FedEx has put 10 more shipping stations on the chopping block as it integrates two separate delivery networks into a single, efficient operation.

The U.S. Postal Service needs relief from unfunded mandates and operating restrictions that have created a cash crisis for the nation’s mail service, Postmaster General David Steiner warned Congress.

Layoffs across manufacturing and logistics operations signal companies are recalibrating supply chains amid shifting freight demand and industrial output.

Texas-based Serna’s Trucking filed a Chapter 11 petition as it attempts to reorganize its debt while maintaining operations.

Kuehne+Nagel is a bell weather for the logistics sector, which faces more uncertainty with the Middle East conflict underway. The company says it plans to cut 2,000 workers.

Lila Kate Trucking, an Alabama-based carrier with 15 drivers, has filed for Chapter 11 bankruptcy protection.

UPS is using incentives to encourage parcel drivers to leave their jobs.

Standard Freight Logistics Inc., a nearly 20-year-old long-haul carrier with 57 drivers, filed for Chapter 11 bankruptcy protection on Monday.

A U.S. district court in Boston has rejected a Teamsters union motion to stop UPS from buying out package car drivers in an effort to reduce excess capacity.