Between July 10-24, supply chain providers announced 1,222 job cuts and 10 bankruptcy filings, impacting operations from e-commerce to final-mile delivery.
The brief
Amazon temporarily closed its 1M sq ft Port St. Lucie, FL fulfillment center, laying off 494 for a 2028 reopening after renovation. Temco Logistics cut 223 jobs across GA, TX, and FL by discontinuing flatbed delivery. These firm-specific actions reflect shifts in network optimization, contract losses for FHI with Publix, or strategic business model changes, impacting both 3PLs and shippers through altered capacity and service offerings.
Takeaway
Review your current carrier and 3PL contracts for exposure to facility closures or service line discontinuations, especially in final-mile and warehousing.
Read the original at FreightWaves
https://www.freightwaves.com/news/freight-distress-report-supply-chain-providers-cut-more-than-1200-jobs