FW: Uber Freight – Ebita loss widens but revenue improves
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Octagon shape stop sign against blue sky
FREIGHTWAVES reports:
Auto hauler Jack Cooper has lost its contract to transport vehicles for Ford Motor Co., a major blow to the unionized carrier.
Ford is believed to be Jack Cooper’s second-largest customer behind General Motors.
In an internal memo sent to Jack Cooper employees Tuesday morning and obtained by FreightWaves, Ford notified Jack Cooper of the ending of its contract on Jan. 2, with a 30-day notice.
The contract was not expiring at that date, according to sources close to the company, but ...
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