Layoffs continue to impact the freight industry, with companies in the United States and Mexico announcing a total of 8,794 job cuts in recent weeks. The affected sectors include trucking, warehousing, logistics, food supply, and manufacturing.
According to media reports and Worker Adjustment and Retraining Notification (WARN) Act filings, major U.S. companies announcing mass layoffs include Lacroix Electronics, FedEx, Frito-Lay, Blue Diamond Growers, Michaels Stores, Kohl's, Target, JCPenney, Bilfinger Inc, Globe Motors, and Geodis Inc.
The U.S. states with the highest freight-related layoffs include Arizona, Alabama, California, Georgia, Florida, Illinois, Ohio, Tennessee, and Texas.
In Mexico, freight-related companies have also recently announced significant job cuts.
According to El Sol De Tlaxcala, steel product manufacturer Arcomex and Schneider Electric plan to lay off nearly 1,000 workers at their plants in Querétaro and Tlaxcala.
Meanwhile, Reuters reports that tire manufacturer Michelin will shut down its plant in Querétaro, Mexico, resulting in 480 layoffs.
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