MAY 14, 2023 — LAYOFFS IN PREPARATION FOR A MERGER
The company has acknowledged that it has once again reduced its corporate staff as it prepares to merge with Knight-Swift Transportation Holdings. The new layoffs follow 140 layoffs in May and August of 2022.
The company declined to provide an exact count.
According to a company spokesperson, “We did recently make the difficult decision to reduce roles in a few business areas in response to challenging market conditions. Our industry is experiencing a prolonged lack of freight demand that has negatively affected trucking and logistics companies. We are no exception.”
MAY 25, 2022 — Original blog…
Chattanooga, Tennessee-based U. S. Xpress, a provider of long and medium-haul truckload transportation services, contract carriage, and rail services, has announced a reduction in force.
The reduction in force affected 100+ employees at the company's headquarters in Chattanooga, Tennessee, and Tunnel Hill, Georgia. The affected employees were
According to a company spokesperson. “We’re always looking to make sure that we’re applying the appropriate resources to our number of seated trucks. Another factor we’ve had to take into consideration has been the soft freight market that the whole industry has faced for the last 18 months or so.
Considering the combination of a soft freight market and pressures from customers for reduced rates, we’re focusing on specific priorities and making sure we have the right resources in place to execute them.”
The company's statement...
"In recent months, our truck count and revenue have not grown at the same rate as our headcount. Unfortunately, this means that we made the decision to let some team members go this week. Many of these reductions in staff are within our technology team and the remainder were company-wide across operations and back-office support. No driver, service center, or maintenance roles were impacted. While difficult, his decision reflects our need to right-size our headcount for our truck count growth and is necessary for the health and long-term success of the business."
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?