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Over 1,300 layoffs hit logistics companies across US
FreightWaves ^ | 4/11/24 | Noi Mahoney

Posted on 04/14/2024 2:43:53 PM PDT by CFW

Layoffs continue across the freight and logistics industry, with companies in Florida, Georgia, Illinois, Michigan and Texas announcing job reductions and facility closures over the past two weeks.

Universal Logistics Warren, Michigian-based Universal Logistics is permanently shuttering two of its subsidiaries and laying off a total of 677 employees, according to notices recently filed with the state.

The layoffs are related to Universal-operated entities Logistics Insights Corp. and Universal Dedicated of Detroit, an auto parts warehousing and logistics facility. Both operations were in Detroit.

Universal Dedicated of Detroit’s closure will affect 230 truck drivers who worked from the facility. Logistics Insights Corp.’s closure includes 164 warehouse workers, 212 forklift operators, 26 dockworkers and 45 clerical employees.

Universal Logistics (NASDAQ: ULH) is a truckload transportation, intermodal and logistics provider across the U.S, Mexico, Canada and Colombia. The company has more than 10,000 employees.

It did not provide a reason for the cessation of operations at the two entities in their state filings.

Officials for Universal Logistics did not immediately respond to a request for comment from FreightWaves.

Swissport Cargo Services Global cargo handler Swissport Cargo Services recently announced it is laying off 235 workers at a cargo handling operation in Atlanta.

(Excerpt) Read more at freightwaves.com ...


TOPICS:
KEYWORDS: bideneffect; business; cargo; economy; florida; freight; georgia; illinois; layoffs; michigan; shipping; supply; trucking
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; BraveMan; cardinal4; ...

21 posted on 04/14/2024 7:43:38 PM PDT by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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To: CFW

No problem, they can all find part time jobs saying “Fries with that?”


22 posted on 04/15/2024 3:09:34 AM PDT by TwelveOfTwenty (Will whoever keeps asking if this country can get any more insane please stop?)
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