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Sunday, June 23, 2024

XPO closes seven terminals

One week after announcing the lay off of 190 employees, XPO Logistics shut down seven terminals.

As part of continuing efforts to reduce costs through consolidations after acquiring Con-way, XPO closed seven truck terminals in “remote areas,” XPO said in a statement. XPO pointed out that it will not be exiting any markets. Operations at the small terminals shut down will be consolidated to larger nearby locations.

XPO claims the move will result in faster transit times. All less-than-truckload customers will continue business as usual with the logistics company.

Last week, XPO laid off approximately 190 employees. The majority of layoffs involved non-sales positions, with 160 of those jobs eliminated. Of those job cuts, the majority were in administrative, management and back office functions.

Less than 1 percent of the LTL workforce in North America was affected, according to the press release. Approximately another 30 positions were cut as a result of redundancies from the acquisition of Con-way.