Originally published at: ArcBest announces layoffs, closing 10 LTL terminals - FreightWaves
Transportation and logistics provider ArcBest announced it is cutting 2% of its workforce positions and closing 10 less-than-truckload terminals.
The slow decline of another Teamster carriers begins.
We have seen this pattern with almost every other Teamster LTL carrier
A lot of employees with double digit years with the company were let go. Not a good sign. Cutting employees with higher pay and more years of vacation pure cost cutting move.