Online freight intermediary uShip Inc. recently laid off a “significant” portion of its headquarters staff in Austin, Texas.
uShip CEO Kris Lamb said 65 employees were laid off on March 31 partly due to “prolonged uncertainty caused by the coronavirus pandemic.”
Lamb wrote in a blog post on uShip’s website that, “Despite evaluating all possible strategies to avoid it, we are parting ways with many talented, conscientious people who have put their heart and soul into this company. Going forward, we remain focused on our business strategy and financial goals – to be in a self-sustaining long-term financially strong position – even if it’s unknown how these unprecedented times will shake out.”
Austin-based uShip, which was founded in 2004, had 210 employees. The company is an online shipping marketplace that matches customers needing to move unusually large items with thousands of transport companies that have extra cargo space.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now