layoffs

Noi Mahoney Sunday, November 3, 2019

Caterpillar Inc. announces layoffs at plant in South Texas

Caterpillar Inc. notified 120 workers at its Victoria, Texas, facility that they will no longer have a job effective, November 1. Company officials said “market conditions” are the reason for the layoffs. “Caterpillar notified a portion of its Victoria, Texas, workforce that it is taking actions to bring production in line with demand,” according to […]

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Noi Mahoney Sunday, October 13, 2019

Borderlands: Halliburton lays off 650 workers; DHL expands El Paso freight operations

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Halliburton lays off 650 oil and gas workers; DHL expands cross-border operations; Carrier partners with Fr8Hub to expand Mexico shipping; Logistics firm opens new warehouses in South Texas. Halliburton lays off 650 oil and gas workers […]

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FreightWaves Staff Tuesday, October 1, 2019

What the Truck?!? IT Chapter 11: Carrier bankruptcy

On today’s episode, a carrier downsizes while another files for bankruptcy, Forever 21’s bad luck, the GM strike and this week’s Pricing Power Index. Plus, Emily Szink knows what’s a Big Deal and what’s a Little Deal, Market Expert Trivia is China rising, and there’s so much more. Bang your cowbell for Oct. 1! Rewatch […]

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