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TRUCKING INDUSTRY * USA - UPS Will Cut Jobs
* Georgia - Says 4Q Earnings to Exceed Guidance; Will Cut Jobs
Sandy Springs,GA,USA -Transport Topics -8 Jan 2010: -- UPS Inc. said Friday its fourth-quarter earnings will exceed an earlier forecast and that it plans to cut about 1,800 management and administrative positions... Effective in April, UPS will cut the number of its U.S. regions to three from five and its domestic districts to 20, from 46. The company said it would “expand its outreach to customers by strengthening local sales and marketing efforts.”... The restructuring will eliminate about 1,800 management and administrative positions, UPS said... (Photo from fleetowner: UPS freight)
* Pennsylvania - Penske to Buy Texas Firm
Reading,PA,USA -Transport Topics -7 Jan 2010: -- Penske Truck Leasing Co. said Thursday it has agreed to buy Bright Truck Leasing & Bright Distribution to expand in the Texas market... Penske, did not disclose terms of the purchase of Dallas-based Bright, which operates 3,400 pieces of equipment for approximately 2,400 customers at 19 locations in Texas... Bright’s services include full service leases, rental and maintenance... (Photo from penskelogistics)
* Wiscosin - Schneider National Puts 2009 in the Record Books
Green Bay,WIS,USA -Layover -7 Jan 2010: -- In a year when others in the transportation industry scaled back or eliminated services, Schneider National continued to focus on operational excellence, invest in its business and expand solutions to meet customers' needs. In 2009, Schneider collected 43 awards for its strong customer service, resourceful solutions and commitment to the environment from shippers, government organizations and industry media for the services provided and initiatives executed... (Picture: Schneider National Operating Center, Aberfoyle,ONT,CAN)
Labels: trucking industry news USA
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