BI: UPS plans to lay off some of its controversial weekend drivers
BUSINESS INSIDER reports: UPS is beginning to lay off some weekend drivers, according to two local ...
BUSINESS INSIDER reports:
Scores of trucking companies went bankrupt last year, prompting some truck drivers to refer to 2019 as a “bloodbath”.
On May 17, the $800 billion saw its first major bankruptcy of 2020: Comcar, a holding company for four trucking transport companies and one truck repair and parts distribution firm.
Comcar announced Sunday that it would sell off all five of its national transportation companies in its Chapter 11 filing. Comcar management said it will conduct daily business activities as usual until the firm shutters, and that they will manage the sell-off process with supervision by the bankruptcy court.
That should relieve Comcar’s employees, which number more than 2,000. Of those workers, federal data says 949 are truck drivers.
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