• ITVI.USA
    15,493.230
    -192.560
    -1.2%
  • OTLT.USA
    2.807
    -0.010
    -0.4%
  • OTRI.USA
    21.560
    -0.300
    -1.4%
  • OTVI.USA
    15,477.520
    -195.870
    -1.2%
  • TSTOPVRPM.ATLPHL
    3.300
    -0.240
    -6.8%
  • TSTOPVRPM.CHIATL
    2.950
    -0.020
    -0.7%
  • TSTOPVRPM.DALLAX
    1.440
    0.000
    0%
  • TSTOPVRPM.LAXDAL
    3.310
    0.060
    1.8%
  • TSTOPVRPM.PHLCHI
    2.150
    0.020
    0.9%
  • TSTOPVRPM.LAXSEA
    3.950
    -0.100
    -2.5%
  • WAIT.USA
    126.000
    1.000
    0.8%
  • ITVI.USA
    15,493.230
    -192.560
    -1.2%
  • OTLT.USA
    2.807
    -0.010
    -0.4%
  • OTRI.USA
    21.560
    -0.300
    -1.4%
  • OTVI.USA
    15,477.520
    -195.870
    -1.2%
  • TSTOPVRPM.ATLPHL
    3.300
    -0.240
    -6.8%
  • TSTOPVRPM.CHIATL
    2.950
    -0.020
    -0.7%
  • TSTOPVRPM.DALLAX
    1.440
    0.000
    0%
  • TSTOPVRPM.LAXDAL
    3.310
    0.060
    1.8%
  • TSTOPVRPM.PHLCHI
    2.150
    0.020
    0.9%
  • TSTOPVRPM.LAXSEA
    3.950
    -0.100
    -2.5%
  • WAIT.USA
    126.000
    1.000
    0.8%
Layoffs and BankruptciesModern ShipperNewsTop Stories

Last-mile provider lays off more than 300 in Texas

Fusion Logistics says job cuts caused by increased insurance costs

Fusion Logistics Inc. recently laid off 303 employees and permanently closed several Texas facilities, according to a notice sent to state officials Monday. 

The affected employees worked at locations in Houston, as well as the cities of Farmers Branch, Garland, Coppell and Fort Worth. The facilities will close permanently as a result of the layoffs.

Officials said the job cuts were “due to unforeseeable circumstances involving an unexpectedly large increase in insurance premiums,” according to documents filed with the Texas Workforce Commission (TWC).

The letter also cited a declined request for additional capital to cover losses. All of the affected Fusion employees were laid off July 12. 

The layoff notices were filed with TWC by PEI Ohio, which provided payroll, insurance and other administrative services to Fusion Logistics.

Miami-based Fusion Logistics is a third-party logistics company offering final-mile supply chain solutions. The company has 210 facilities across 49 states.

Click for more FreightWaves articles by Noi Mahoney.

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Noi Mahoney

Noi Mahoney is a Texas-based journalist who covers Mexico cross-border trucking, logistics and trade for FreightWaves. He graduated from the University of Texas at Austin with a degree in English in 1999. Mahoney has more than 20 years experience as journalist, working for newspapers in Florida, Maryland and Texas. Contact nmahoney@freightwaves.com

2 Comments

  1. i thought last mile was where all the money was being made and where all the vc money was going. thats what the news always seems to be when i get a chance to read it

  2. And it begins… 2008 part 2… The lines of credit are being cut as I type now, just as they were in 2008. And we all know insurance rates have been and will continue to rise to the point that few will be able to afford even the basic liability policies, and fewer insurance companies are even underwriting new contracts, as they work their way out of the transportation industry. Then the IC policies coming down the pike… That could possibly destroy the entire transportation industry if allowed to pass, or destroy the country, JB, Swift and Schneider cannot handle all of the freight, no matter what the ATA believes.

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