Wire flash
FinanceA new wave of layoffs and facility closures across U.S. freight, distribution, and manufacturing networks has affected more than 7,000 workers. The largest reduction comes from Tyson Foods, eliminating over 3,000 jobs due to a historic cattle shortage, closing facilities in Illinois and Utah. Wholesale distributor Essendant warned of cuts affecting over 1,200 employees across six states as it seeks capital or a buyer. Other major cuts include Postal Center International (457 jobs), FedEx (173 jobs as part of Network 2.0), Ryder (73 jobs), CJ Logistics America (57 jobs), Saddle Creek Corp. (178 jobs), and Daimler Truck (375 jobs moving production from Oregon to the Carolinas). Manufacturing closures include Carlex Glass America (325 jobs), HelloFresh (374 jobs), and Staples (109 jobs). The report highlights ongoing restructuring in transportation, warehousing, fulfillment, and manufacturing sectors.
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