Companies across the freight industry have announced another wave of layoffs, with over 600 workers in four states losing their jobs.
Forward Air confirms it has implemented workforce reductions and other restructuring initiatives.
Perpetually troubled electric van maker Workhorse Group may be in worse shape than it appears. Little cash and slack orders are two factors.
Jacksonville, Florida-based Raven Transport is shutting down its over-the-road and dedicated fleets and laying off 83 employees.
More than 1,300 layoffs hit freight-related companies in Texas, Florida, Illinois, Michigan and Georgia over the past two weeks.
A California-based less-than-truckload carrier has ceased operations, leaving over 200 truck drivers, warehouse workers and office personnel without jobs or paychecks.
Friday saw a pivotal shift for Flock Freight as the company opted to downsize its workforce by 54 individuals, a strategic decision aimed at realigning the company’s trajectory towards profitability.
Amazon Air is closing a Texas cargo-handling facility, which will result in the layoff of 65 workers.
Houston-based Vroom is closing two facilities in Texas and laying off 515 workers as part of a nationwide restructuring.
Subpar 2023 results and uncertain 2024 guidance sent shares falling.
Digital freight forwarder Flexport reportedly may let go of a large part of its staff after closing on $260 million in funding from Shopify.
WWL Vehicle Services Americas is closing a Houston logistics operation and moving to Freeport, Texas.
New owners have taken control of troubled Amerijet, which is scuttling several aircraft leases and laying off more workers to preserve cash.
Seattle-based logistics startup Flexe is laying off 99 workers, its third round of layoffs in two years.
The move included the departure of a key executive, Glenn Koepke, vice president of strategy.
TuSimple Holdings is following through on winding down its U.S. autonomous trucking business, laying off 150 more employees.
Canada-based electric trucking startup Lion Electric cuts 10% of head count to reduce costs as it seeks profitability.
Freight brokerages typically can stay afloat during trucking recessions. But the ongoing, severe downturn has slammed third-party logistics companies.
Employees air frustrations with company management after being let go on Teams.
Trucking company 10 Roads Express has laid off 66 workers at its facility in Fort Worth, Texas.
Logistics provider Flexport is moving ahead with a second round of layoffs this year.
GXO Logistics has ceased operations and laid off 378 workers at several locations across the country in recent months.
Laid-off employees came from support departments including Human Resources, Information Technology (IT) and other ancillary support roles. IT roles affected by the event included business analysts, scrum masters, quality analysts, product managers, and project managers.
Coyote, a $5.2 billion freight broker, just announced layoffs again. The trucking industry is in a recession.
U.S. Postal Service contractor Matheson Flight Extenders (MFE) filed paperwork Thursday stating that it plans to eliminate 305 jobs and close its sorting facility in Chicopee, Massachusetts, by the end of October, bringing to about 1,000 the total job cuts it has announced in recent days.
Moving company WayForth is laying off hundreds and closing operations across eight states following a downturn in business.
FedEx Corp. has laid off more than 900 workers at facilities across the country since June.
Years before it ever built a fuel cell truck, Nikola claimed it had 14,000 reservations. But 202 orders is a good sign nonetheless.
Freightos, a digital marketplace for international air and ocean shipping, announced Tuesday that it will reduce staff levels by 13% and lowered its full-year outlook again in an effort to […]
Amid waning revenue, Amerijet is laying off 15 workers after signing an expensive contract with its pilots.
Nikola Corp. is laying off 270 employees as its cash condition worsens and company founder Trevor Milton takes shots at leadership.
DHL Supply Chain and GXO Logistics are laying off at least 185 workers in Texas as a result of losing customers.
DFI Systems’ president says soaring lumber prices, the costly decision to move the company’s headquarters during the COVID-19 pandemic and the inability to find new investors was the perfect storm that forced him to lay off 90 workers, including truck drivers, in late March.
At the market What’s going on here? It seems every week some company is laying off more and more of its staff. Last week, Walmart announced layoffs of 200 people, […]
Negative headlines about Nikola Corp.’s finances raise justifiable concern. Visiting its electric truck plant tells a different story.
Embark Trucks, the original autonomous trucking company, may put itself up for sale or liquidate after laying off 70% of its employees.
In some rare good news for autonomous truck software developer TuSimple, the FMCSA closed a probe into a crash last April.
Logistics company Truckstop.com has verified it is laying off an unspecified amount of workers.
Freighter operator Amerijet is rationalizing its business by terminating a south Florida air and ocean logistics business it owns.
Will new leadership be enough to save the FreightTech company?
“The new model is flexible and brings together dedicated support teams highly trained on one or a few shippers’ needs and operating requirements,” said Convoy founder and CEO Dan Lewis.
Startup electric last-mile van developer Arrival cut 50% of its workforce as it tries to reduce cash burn and make it to production.
As part of Amazon’s some 18,000 job cuts, a “significant number” of employees at several drone delivery facilities reportedly were laid off.
Ryder System Inc. is set to lay off 801 employees after losing work at an Applied Materials semiconductor plant in Austin, Texas.
Nikola will move battery pack manufacturing to Arizona and files layoffs notice for a former Romeo Power plant.
Influential logistics provider Flexport says it will reduce its staff by 20% in the face of a looming global recession.
E-commerce giant Amazon will lay off over 18,000 workers during its current round of job cuts, first reported in November.
Supply chain visibility leaders provide insight on their decisions in 2022 and what’s in store for the FreightTech segment in 2023.
TuSimple cut 25% of its workforce that grew too fast following the company’s public debut in 2021.
Fleet solutions provider Motive has laid off 6% of its workforce, citing slow demand and higher operating costs.
Stellantis has announced it will be closing a Jeep Cherokee assembly plant in Illinois in February, laying off 1,350 workers.
Planned Amazon layoffs could hamper e-commerce, logistics
If Amazon goes ahead with mass layoffs to its retail division, the cuts could impact the firm’s e-commerce and logistics services.
Nikola Corp. is laying off 7% of its workforce and slowing electric production because making more increases the loss.
GXO Logistics is planning to lay off 262 employees from two warehouse operations in the Dallas area by Dec. 10.
As part of a companywide restructuring, Gopuff conducted another round of layoffs, primarily affecting its customer service team.
Trucking payments platform AtoB has laid off 30% of its employees, months after raising $155 million in funding.
Walmart is converting an Atlanta fulfillment center and letting go of nearly 1,500 warehouse associates.
“FedEx is not just making an investment. They are also rightly identifying tracking and visibility as vital areas in the supply chain,” says Cambridge Capital’s Benjamin Gordon.
Chattanooga, Tennessee-based U.S. Xpress is cutting another 5% of its corporate workforce in the trucking company’s second round of layoffs in three months.
According to an email sent by FourKites founder and CEO Mathew Elenjickal and acquired by FreightWaves, the board of the Chicago-based company has requested a full “product portfolio review to align with market realities.”
Electric vehicle maker Rivian is cutting its workforce by 6% amid growing inflation pressure and tightening capital markets, according to reports.
Shopify cites slowing growth in e-commerce as it cuts 10% of its workforce.
GXO Logistics Inc. plans to permanently shutter its Milwaukee-area facility and lay off 144 workers by September.
Layoffs get the attention but plenty of electric transportation startups are still hiring. They are getting creative with fundraising, too.
Baton eliminates 25% of its workforce to pivot its business model to focus on its artificial intelligence transportation management software for drop-freight operation
Logistics provider DB Schenker will lay off 130 employees from a distribution center in Fort Worth, Texas.
A pair of logistics companies — one with fresh funding, the other entering a worker appraisal period — trimmed headcounts significantly.
Global 3PL Neovia Logistics Services recently announced plans to cut nearly 100 jobs at its Tannersville, Pennsylvania, facility on July 29.
Last Mile Solutions told the Securities and Exchange Commission it is nearly out of cash and could run out of money this month.
Turkish ultrafast delivery company Getir told employees in an internal memo this week that it would be laying off about 14% of its workforce.
Gorillas, a Berlin-based startup that delivers grocery, food and convenience items in 15 minutes or less, is laying off half of its employees.
GoPuff, the 30-minute food and grocery delivery business that bills itself as an “instant needs” company, plans to cut 3% of its workforce.
Reasons for Unemployment – Transportation & Warehousing industry
Ryder System is closing its operations in Tracy, California, where the company operated a distribution center for PepsiCo.
The semiconductor shortage takes a 7,000-truck toll on Paccar in Q3 with no sign of relief in sight.
QX Logistix said it is closing four facilities in California, and CEVA Logistics announced it is laying off 87 employees at a Dallas-area location.
About 180 truck drivers being laid off in Texas, New York and California.
XPO Logistics said it will be closing a distribution center in San Antonio.
“Now we are understaffed and have laid off a couple of people that have really key, historical knowledge of the products. … It has become a really toxic strategy,” says a source inside Omnitracs.
A source says up to 35% of the workforce is being let go by parent company Solera in a massive restructuring plan to relocate positions to India.
Fusion Logistics says layoffs were caused by a large increase in insurance premiums.
The barge and tugboat operator said if no buyers come forward, it could begin employee layoffs by July 15.
GDC Technics is permanently closing its San Antonio plant where most of the work on the Air Force One planes were done.
A South Texas citrus packing facility and Houston supply chain services provider are two of the latest companies to announce layoffs across the Lone Star State.
Economic downtown spurs more freight-related job cuts across the Lone Star State.
The Coca-Cola plant in Grand Prairie, Texas, will close by April 15 as part of a consolidating effort by the company, according to a notice sent to state officials Friday.
TrinityRail will permanently close a plant in Vidor, Texas, laying off 59 workers by April 30.
Missouri-based Boomerang Tube lays off 185 workers from its manufacturing operation in Liberty, Texas.
EVO Transportation, which hauls for the U.S. Postal Service, is permanently closing its terminal in Austin, Texas.
The heavy equipment manufacturer is closing its facility in Waco and transferring operations to South Dakota and France.
TravelCenters of America caps its first year under new CEO Jonathan Pertchik by posting practically all its assets to secure a $200 million loan to carry out the turnaround expert’s business makeover.
Southwest Airlines furloughing additional 827 workers; Texas auto parts supplier closes facility.
XPO Logistics and Southwest Airlines will be eliminating jobs in Texas.
Volvo Group Q3 sales and earnings trailed last year. But a recovery in heavy-duty truck orders and market share gains in North America improved a bleak picture.
In today’s edition of The Daily Dash, a short seller has laid out a blistering report on Nikola; plus, Trimble has announced layoffs within its transportation business and HOS changes could impact safety.
In response to the COVID-19 pandemic, two freight-related companies in Texas are eliminating 382 jobs.