Trucking recession: biggest freight brokerage layoffs in 2020 - Business Insider

Malaysia News News

Trucking recession: biggest freight brokerage layoffs in 2020 - Business Insider
Malaysia Latest News,Malaysia Headlines
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Truck brokerage giants have been forced to lay off hundreds as the coronavirus slams trucking – here's a list of the biggest job cuts so far in 2020

Big names like C.H. Robinson would duel with techy upstarts like Uber Freight to see who would be able to control the freight-brokerage market — the sometimes costly, cumbersome process in which truck drivers are matched with retailers and manufacturers to move their goods.

Several brokerages have been forced to lay off workers before the coronavirus, while others have had to cut jobs because of the virus' impact on freight.if you have more information about layoffs in the trucking industry.Arrive Logistics, an Austin, Texas-based freight brokerage, reduced its workforce by 10% on April 4. Of the 110 who were affected, 35 were put on furlough and 75 were permanently laid off.

"This decision didn't come lightly because we know the impact it had on many of our colleagues and their families," Chelsea Woodhead, chief people officer at Arrive Logistics, said in a statement to Business Insider. An additional five employees in Coyote's information-technology department were laid off that month as well.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Best businesses to start despite the 2020 pandemic and recession - Business InsiderBest businesses to start despite the 2020 pandemic and recession - Business InsiderAccording to WarrenBuffett, it's time to 'bet on America. That's what's really gotten me through ever since I bought my first stock when I was 11.'
Read more »

Seeking nominations for the most innovative chief marketing officers in the world in 2020 - Business InsiderSeeking nominations for the most innovative chief marketing officers in the world in 2020 - Business InsiderWe're getting ready to publish Business Insider's fifth annual list of the most innovative CMOs, and we want to hear from you.
Read more »

27 Books You'll See All Over Instagram in 202027 Books You'll See All Over Instagram in 2020It's never too early to plan your beach reading.
Read more »

Have a Horror Marathon with the Best Scary Movies of 2020Have a Horror Marathon with the Best Scary Movies of 2020Get ready to turn on every light in the house.
Read more »

The 9 Biggest Nail Trends of 2020Manicurists weigh in on the biggest nail art trends for the new decade.
Read more »

Why Money, Not Safety, Could Derail Baseball in 2020Why Money, Not Safety, Could Derail Baseball in 2020Major League Baseball begins negotiations with its players union on Tuesday over how to begin a season in 2020 with many big challenges in the way.
Read more »



Render Time: 2025-04-08 12:30:04