FW: FedEx Freight to close seven service centers nationwide in 2024
FREIGHTWAVES reports: FedEx Freight, the less-than-truckload unit of FedEx Corp. (NYSE: FDX), confirmed Tuesday that it ...
FREIGHTWAVES reports that Uber Freight decided to cut a number of jobs in order to align its mission with a “commitment to drive sustainable growth”.
It adds:
“A source familiar with the layoffs said between 40 and 50 jobs were cut Monday. However, Chicago-based Uber Freight (NYSE: UBER) declined to disclose the exact number of employees affected or the percentage of the company’s workforce that was part of the layoffs.
“We made a strategic workforce adjustment aligned with our continued commitment to drive sustainable growth. Regrettably, this means a small reduction in force,” an Uber spokesperson said in a statement to FreightWaves. “This decision, not made lightly, optimizes the team to enhance operational efficiency and long-term success.”
The full post is here.
Shipper frustration as spot rates rise alongside demand, and cargo is rolled
Asia-Europe ocean trades a nightmare scenario – 'unless you're a carrier'
Maersk raises surcharges as Red Sea risk expands and costs mount
Heavy speculation in China’s container shipping futures as Gaza War drags on
Red Sea: Aries crew free, but more escalation on the way as box ships flee
CMA CGM to launch China-Mexico express shipping service
Air cargo market shows ‘positive dynamic’ – but how long will it last?
DSV US expansion continues with major investment in California hub
Hapag-Lloyd's box tracker will 'close logistics blind spots'
Blockbuster DB Schenker sale in a tight spot
DHL Group: Forwarding burns cash, Supply Chain outshines the rest
Flexport under fire as Peloton claims 'unfair D&D fees' cost it millions
Regional operators launch feeder services as mainline carriers adjust port calls
Contract logistics the star performer for DHL, but weak rates take a toll
News in Brief Podcast | 6 May 2024 | Rates, ecommerce and what's on this week
Comment on this article