LAYOFFS HITTING FREIGHT-RELATED COMPANIES

The freight and logistics industry continues to be plagued by layoffs with companies announcing 1,277 job reductions and six distribution facility closures across the country.This will be “the second major round of layoffs in the industry since last week, when True Value Co., GXO, CJ Logistics America, DHL, PepsiCo, Reyes Coca-Cola Bottling LLC, Hunt & Sons LLC, Kuehne+Nagel, Americold Logistics, Amazon and Trademango Solutions announced they were eliminating 2,402 jobs.”

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