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.
