Latest news with #WARN)Act
Yahoo
28-05-2025
- Automotive
- Yahoo
Heavy-duty truck parts maker, distributor to close after 46-year run
TransAxle LLC recently announced plans to close all its locations across the U.S. and lay off 209 workers. Headquartered in Cinnaminson, New Jersey, TransAxle at one point was one of the largest East Coast remanufacturers and distributors of transmissions, differentials, hydraulic pumps and other specialized components for the medium- and heavy-duty truck markets. Company officials said they are preparing to cease operations after failing to find a buyer, according to Worker Adjustment and Retraining Notification (WARN) Act notices filed in several states. 'TransAxle LLC has been engaged in efforts to sell the business for some time,' the company said. 'Despite our efforts we have not been able to consummate a sale at this time. As a result, the company finds itself in the difficult position of having to conduct an orderly wind down of the business.'It's unclear why TransAxle was seeking a buyer. Company officials did not return a request for comment from FreightWaves. TransAxle will close all 13 of its locations by the end of August, including operations in Connecticut, Georgia, Maryland, North Carolina, New Jersey, New York, Pennsylvania, Tennessee, Virginia and Maine. Impacted job titles in the layoffs include drivers, shop managers, mechanics, machinists, warehouse associates and team leads. TransAxle was founded in 1979 with a single location in Cinnaminson. The business was acquired in 2006 by Graham Partners, a private equity firm located in 2010, the company had grown to 28 distribution centers and six remanufacturing was acquired by Dallas-based private equity firm Crossplane Capital in 2020. The post Heavy-duty truck parts maker, distributor to close after 46-year run appeared first on FreightWaves. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Freight industry layoffs surge across California, Texas
Layoffs continue to significantly impact the freight industry as firms in California and Texas announced more than 1,048 layoffs over the past week. Companies announcing worker reductions include UPS, FedEx, F&S Produce West LLC and Amazon. UPS plans to cut two shifts at a warehouse in West Sacramento, California, eliminating 355 workers by mid-July. Atlanta-based UPS (NYSE: UPS) said the layoffs are part of a companywide initiative it described as 'the largest network reconfiguration in UPS history,' according to The Sacramento April, UPS told investors it planned to cut its workforce by around 20,000 positions and close 73 facilities by the end of the year. FedEx Supply Chain Logistics and Electronics (NYSE: FDX) said it is laying off 305 employees at its North Fort Worth, Texas, logistics center, according to a Worker Adjustment and Retraining Notification (WARN) Act notice filed with the state. The job reductions, which will be finalized by Oct. 25, were caused by a customer moving to another facility and contracting with a new third-party logistics provider, FedEx said. FedEx's North Fort Worth logistics center will remain operational with 275 workers.F&S Produce West, a produce and food wholesaler, plans to cut 255 jobs from its facility in southeast Houston. The company did not provide a reason for the workforce reduction in its WARN notice filed with the state. It's unclear if the facility will remain operational. Officials for F&S Produce West did not return a request for comment from FreightWaves. Specialty manufacturer L&T Precision plans to close a facility and lay off 81 employees in Poway, California, according to a WARN notice. The facility, which specializes in manufacturing services for the aerospace and defense industries, will shut down by Aug. 1. The company did not immediately return a request for comment from FreightWaves. Amazon is laying off 52 employees across four facilities in Sunnyvale, California, according to WARN filings. The layoffs include 33 employees from Amazon Lab126, an engineering and technology hub, as well as 19 employees from technology and fulfillment centers in the (Nasdaq: AMZN) did not provide a reason for the job cuts. The post Freight industry layoffs surge across California, Texas appeared first on FreightWaves.
Yahoo
23-04-2025
- Business
- Yahoo
Calvin Klein owner plans warehouse utilization boost
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. PVH Corp. will increase its U.S. warehouse capacity utilization to about 85% to 90% by consolidating its facility footprint into two warehouses and insourcing its e-commerce distribution operations, CFO Zac Coughlin said on an April 1 earnings call. The Calvin Klein and Tommy Hilfiger owner's current capacity utilization is slightly above 50%, Coughlin said. The consolidation and insourcing push will help streamline the company's logistics operations and result in "significantly decreased North America distribution expenses," he added. PVH is closing its Jonesville, North Carolina, facility as part of the plan and shifting operations to its two warehouse and distribution centers in Georgia. "This will allow us to take full advantage of the technical capabilities in our Georgia network and continue to respond to our consumers with speed," the company said in an emailed statement to Supply Chain Dive. Layoffs for 317 employees at the Jonesville facility, including material handlers and equipment operators, are slated to occur between Oct. 3 and Dec. 31 as a result of the shift, according to a Worker Adjustment and Retraining Notification (WARN) Act notice filed in January. The changes are part of PVH's broader goal to simplify its operating model and increase company-wide efficiencies. Other aspects of that plan include consolidating its technology stack into a single platform and selling a warehouse and distribution center, a transaction that took place in fiscal year 2024. "We've laid the groundwork for these initiatives, and we expect to drive significant cost savings in 2025 on top of the reductions we already realized in 2024 with savings showing up more powerfully as we progress through the year," Coughlin said. PVH's move to insource e-commerce distribution activity comes as supply chains continue to weigh whether to place fulfillment operations in-house or outsource them to third-party logistics providers. Insourcing can give companies more control over the shipping process. Outsourcing, on the other hand, can offer flexibility and upfront cost savings. Recommended Reading Calvin Klein owner's cotton sourcing scrutinized by China Sign in to access your portfolio
Yahoo
22-04-2025
- Business
- Yahoo
FedEx Network 2.0 closures hit California, Massachusetts
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. FedEx is closing three more U.S. ship centers on June 2 to streamline its network as it continues to merge its separate Express and Ground delivery operations. The following locations will shut down on that day as part of FedEx's Network 2.0 initiative, according to Worker Adjustment and Retraining Notification (WARN) Act notices: West Boylston, Massachusetts, ship center, impacting 78 employees Emeryville, California, ship center, impacting 79 employees Oakland, California, ship center, impacting 95 employees Affected employees will be provided with job placement assistance, relocation aid, or severance as applicable, FedEx spokesperson David Westrick said in an emailed statement. For example, a WARN Act notice filed for the Massachusetts ship center said the majority of its impacted employees will shift to nearby locations within 50 miles. "Team members at these facilities were notified several months ago, and many will be offered other roles within the company," Westrick said. At least 25 FedEx ship centers have seen closures or staffing cuts since 2023, with several occurring this year. The company's multiyear Network 2.0 overhaul is driving the reduction, as it looks to eliminate overlapping operations and trim costs. The overhaul is helping FedEx reduce its pickup and delivery costs by 10% for markets it has fully rolled out the program, President and CEO Raj Subramaniam noted in a December earnings call. Ship centers Supply Chain Dive has confirmed will close or reduce staffing since 2023 This embedded content is not available in your region. FedEx resumed its Network 2.0 push after the peak holiday shipping season, Subramaniam said on a Q3 earnings call in March. Five facilities have been "optimized" for the initiative since the start of the year, with 45 more to follow in Q4, he said. As a result of that progress, about 12% of FedEx's average daily volume globally will run through Network 2.0-integrated stations by the end of fiscal year 2025, which falls on May 31. That percentage is poised to spike the following year. "By the end of FY '26, we expect that number to be about 40%," Subramaniam said. Recommended Reading FedEx Network 2.0 consolidation spreads to 8 more locations
Yahoo
02-04-2025
- Business
- Yahoo
Q1 ends with thousands more freight layoffs
Freight-related layoffs across North America continue to mount, with companies citing economic uncertainty, tariffs, declining demand and rising production costs as reasons for the job cuts. There have been 5,608 job cuts over the past several weeks, according to media reports and Worker Adjustment and Retraining Notification (WARN) Act notices. Since Jan. 1, almost 23,000 freight-related job cuts have been announced, impacting workers in autos, food distribution, manufacturing, transportation and logistics. Chewy Inc., an online pet supply retailer, plans to cut 674 jobs at its fulfillment center in Dallas, starting May company did not specify a reason for the layoffs in state filings. It opened a 663,000-square-foot fulfillment center in Dallas in 2017. Chewy is dually headquartered in Plantation, Florida, and Boston. The company has over 18,000 employees. In addition to Dallas, Chewy has fulfillment centers in Phoenix; Louisville, Kentucky; and Pittston, Pennsylvania. Online meal kit provider HelloFresh announced it is closing a distribution center in Grand Prairie, Texas, and eliminating 273 agency ManpowerGroup US Inc., a contractor for HelloFresh, announced earlier this year it was closing a distribution facility March 28 in Irving, Texas, and laying off 173 workers. Berlin-based HelloFresh has seen reduced customer demand for its products over the past year. HelloFresh operates in 16 countries and has over 21,000 employees. ManpowerGroup US Inc. recently announced it was closing three distribution facilities in Illinois that it operated for Factor, an online meal kit provider and subsidiary of HelloFresh. The manufacturing industry in the U.S., Canada and Mexico saw widespread layoffs including auto parts suppliers, farm equipment and railcar manufacturers, and a semiconductor chip maker. Milgard Manufacturing announced it was closing its window manufacturing plant in Ventura, California, and laying off 397 workers. Officials for Milgard told the Ventura County Star they are shifting production from the California plant to a facility in Phoenix. Tacoma, Washington-based Milgard Manufacturing has 1,400 employees and facilities in Sacramento and Temecula, California, and Prescott Valley, Arizona. Trinity Rail has laid off about 300 workers from a railcar factory in Sabinas, Mexico, according to media outlets in Rail told Mexican authorities it will temporarily lay off 15% of its Sabinas workforce while the company adjusts to slower demand in the market. Trinity Rail, based in Dallas, is part of Trinity Industries, a provider of rail transportation products and services in North America. In addition to its factory in Sabinas, Trinity Rail operates a factory in Monclova, Mexico. Sabinas is about 79 miles from Eagle Pass, Texas, the primary border crossing Trinity uses for railcar deliveries from its manufacturing facilities in Mexico, according to a news release. Winnipeg, Canada-based Eascan Automation Inc. recently laid off about 23 employees, as demand for its products is slowing amid uncertainty about U.S. tariffs, company officials said. Jason Andres, general manager of Eascan Automation Inc., said there has been a slowdown that began around the time Donald Trump was reelected president. The company, which provides custom-built machines to manufacturers, has lost $3 million to $4 million in orders, Andres said. 'A lot of companies are saying, 'OK, we don't need a robot this year. We can wait another year,'' Andres told CBC. The post Q1 ends with thousands more freight layoffs appeared first on FreightWaves.
