• ITVI.USA
    11,095.550
    -126.500
    -1.1%
  • OTRI.USA
    15.880
    -0.310
    -1.9%
  • OTVI.USA
    11,081.180
    -123.910
    -1.1%
  • TLT.USA
    2.900
    0.000
    0%
  • TSTOPVRPM.ATLPHL
    2.520
    0.160
    6.8%
  • TSTOPVRPM.CHIATL
    1.860
    0.020
    1.1%
  • TSTOPVRPM.DALLAX
    1.310
    0.140
    12%
  • TSTOPVRPM.LAXDAL
    2.260
    0.100
    4.6%
  • TSTOPVRPM.PHLCHI
    1.260
    0.040
    3.3%
  • TSTOPVRPM.LAXSEA
    2.730
    0.150
    5.8%
  • WAIT.USA
    103.000
    -17.000
    -14.2%
  • ITVI.USA
    11,095.550
    -126.500
    -1.1%
  • OTRI.USA
    15.880
    -0.310
    -1.9%
  • OTVI.USA
    11,081.180
    -123.910
    -1.1%
  • TLT.USA
    2.900
    0.000
    0%
  • TSTOPVRPM.ATLPHL
    2.520
    0.160
    6.8%
  • TSTOPVRPM.CHIATL
    1.860
    0.020
    1.1%
  • TSTOPVRPM.DALLAX
    1.310
    0.140
    12%
  • TSTOPVRPM.LAXDAL
    2.260
    0.100
    4.6%
  • TSTOPVRPM.PHLCHI
    1.260
    0.040
    3.3%
  • TSTOPVRPM.LAXSEA
    2.730
    0.150
    5.8%
  • WAIT.USA
    103.000
    -17.000
    -14.2%
NewsTrucking

Shipping marketplace uShip lays off 65 employees

Company officials said the layoffs were partly due to “prolonged uncertainty caused by the coronavirus pandemic.”

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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Noi Mahoney

Noi Mahoney is the Cross-Border Freight Market Reporter for FreightWaves.com. He graduated from the University of Texas at Austin with a degree in English in 1999. Mahoney has more than 20 years experience as a reporter and editor. He has worked for newspapers in Florida, Maryland and Texas.

One Comment

  1. IF you are currently luck enough to still have your job you better look over your shoulder and prepare. Either your gonna lose it in the coming 30 days or your pay will be cut in half so you can keep it.

    This aint no drill people.

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