layoffs
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Layoffs and Bankruptcies
United Airlines to cut 4,700 employees in Houston, Dallas
United Airlines said layoffs of more than 4,700 employees at airports in Houston and Dallas could be long term if economic conditions do not change.
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News
Navistar goes virtual for Texas plant groundbreaking
With Texas halting business reopenings because of a surge in coronavirus cases, Navistar executives and others who would have tossed shovels full of dirt instead…
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Layoffs and Bankruptcies
Texas frac sand firm files for Chapter 11 bankruptcy
Frac sand firm Vista Proppants and Logistics filed for Chapter 11 bankruptcy protection on Tuesday, saying it has around $500 million in liabilities.
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Layoffs and Bankruptcies
Commentary: Uber Freight shows importance of people in logistics
Guest commentator Eric Masotti writes about the importance of technology in logistics - but also underscores the importance of dedicated people to the process.
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Layoffs and Bankruptcies
Oklahoma trucking company shuts down, citing coronavirus ‘disaster’
Tulsa-based Stone Trucking is shutting down its operations and laying off 51 employees. The company was a flatbed, oversize and heavy haul carrier.
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Air Cargo
With eye on rebound, United looks for alternative to furloughs
Mass layoffs can help a company survive the coronavirus recession for the time being, but the damage will hurt its long-term prospects, United CEO Scott…
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Air Cargo
Breaking: American Airlines to eliminate 30% of mid-level staff
The U.S. government’s emergency aid package was only a Band-Aid for protecting jobs. Airlines promised not to have involuntary layoffs for six months, but now…
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News
Samsara lays off 18% of workforce
Fleet management solutions provider also raises $400 million in equity to help sustain operations during coronavirus downturn
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News
More layoffs for freight and related industries in Texas
Officials with Cardone said the layoffs were part of the “dramatic, sudden and unforeseeable negative business circumstances the company is suffering due to COVID-19 pandemic.”
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Air Cargo
United Airlines plans for worst, hopes for best
United Airlines isn’t sugar-coating the airline industry’s economic reality. United expects to survive the coronavirus crisis, but business will be slim for months to come.
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