Layoffs keep coming
Both motor carriers and trucking’ suppliers cut jobs during 2008 to help streamline operations as a weak marketplace cut deeply into profits. However, the number of layoffs has climbed still higher over the last few weeks.
YRC Worldwide’s efforts to further integrate its two largest subsidiaries, Yellow Transportation and Roadway, includes eliminating nearly 1,000 positions across the U.S by March 1st, which the company called an attempt to reduce duplicate functions.
According to the St. Louis Business Journal, YRC confirmed yesterday that it would lay off 771 employees—309 in Tannersville, PA; 95 in East Petersburg, PA; 207 in Lancaster, PA and 160 in Oak Creek, WI. The company also said last week that it would shift its Kernersville, NC, operation to Charlotte, eliminating an additional 210 jobs, although many of the affected employees will have the opportunity to transfer, the Journal said.
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© 2009 Penton Media Inc.
Of Interest
