by admin | Nov 25, 2023 | News
Logistics Recap November 19th – November 25th GXO to shutter Ohio facility Contract logistics provider GXO Logistics Inc. (NYSE: GXO) said it plans to close a facility in Groveport, Ohio, a suburb of Columbus, and lay off 192 employees. In a notice sent to the...
by admin | Nov 18, 2023 | News
Logistics Recap November 12th – November 18th Layoffs and bankruptcies pile up in logistics FreightWaves SONAR correctly predicted the start of a drop in the freight market in March 2022. Since then, the overcapacity spurred by the pandemic has caused...
by admin | Nov 11, 2023 | News
Logistics Recap November 5th – November 11th Lawyers to square off on Monday regarding California trucking’s Ab5 exemption request For the first time since early 2020, attorneys for the state and the CTA, as well as lawyers for some new players in the...
by admin | Nov 4, 2023 | News
Logistics Recap October 29th – November 4th Truck transportation employment drops again Employment in the truck transportation sector in October recorded its fourth decline in the past five months as total jobs in that classification are now down more than...
by admin | Oct 28, 2023 | News
Logistics Recap October 22nd – October 28th Auction houses to liquidate Yellow’s tractors and trailers A Delaware bankruptcy court approved an order on Friday allowing Yellow Corp.’s estate to sell its rolling stock through auction houses. The estate entered an...