layoffs
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Business
Citing coronavirus, Arrive Logistics cuts 10% of workforce
CEO Matt Pyatt said some industries served by Arrive are shipping less freight.
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News
Meritor plants idled and salaries cut in half temporarily
Truck component supplier Meritor idles plants and cuts base salaries up to 50% to save the ship from rough seas.
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On The Spot podcast
Despite shutdowns and layoffs, the freight market trucks on (video)
Zach Strickland and JP Hampstead talk about these uncertain times as volumes continue steady growth and tender rejections are up to 15%.
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FAK Podcast
Risk, rest stops and layoffs: Coronavirus Freight Market Update
The latest news on the coronavirus impact on freight.
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American Shipper
Low cargo volumes drive two PortMiami terminals to plan temporary closures
Blanked sailings blamed for two terminals scheduling one- and two-day suspensions of operations.
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Layoffs and Bankruptcies
Former Lipsey Logistics employees ‘blindsided’ by layoffs at Chattanooga office
Approximately 30 former Lipsey Logistics employees say they were blindsided after they were called into a meeting and laid off without warning on Wednesday.
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Air Cargo
Delta to ground 600 aircraft as airlines go into survival mode
It’s a full red alert for the airline industry as the coronavirus crushes travel demand. Companies are racing to shore up their finances as revenues…
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News
Layoffs start rippling across freight industries
Companies from all corners of the freight ecosystem are beginning to implement layoffs as an economic downturn starts to take hold.
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Trucking
ATA, Morgan raise concerns about Keystone State’s rest stop closure
And a small loadboard company gains hosannas for offering...five parking spots.
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News
Cargo Leasing Services to close San Antonio operation
CLS has specialized in last mile delivery, expedited LTL, cross-border transportation, sprinter vans, box trucks and e-commerce fulfilment.
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