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FTC and Florida take down deceptive truck investment scheme
1. FTC and Florida take down deceptive truck investment scheme
Cybersecurity risks in trucking: Experts warn of ELD vulnerabilities
2. Cybersecurity risks in trucking: Experts warn of ELD vulnerabilities
Atchafalaya Basin Bridge update ends split speed limits for trucks and cars
3. Atchafalaya Basin Bridge update ends split speed limits for trucks and cars
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January 23, 2024

GXO Logistics to lay off 211 workers at Memphis facility

Steve Smith
GXO Logistics to lay off 211 workers at Memphis facility

GXO Logistics Supply Chain, deemed the world's biggest pure-play contract logistics provider, announced plans to permanently lay off 211 workers and shut down a Memphis facility by April 27, 2024, according to state filings in Tennessee.

The big picture: This move comes after the company discontinues operations with a customer in the Memphis area. The layoffs will begin March 6, impacting the facility located at 4795 Imagination Dr. in Memphis.

But, but, but: The company assures laid-off employees they'll have the chance to apply for open positions or transfer to other GXO locations.

  • GXO employs over 130,000 people across more than 970 facilities globally.
  • The Greater Memphis Local Workforce Development Area's rapid response team has been alerted to help those affected.

    • What's next: GXO's spokesperson said that the company's priority is ensuring impacted workers are supported during this transition. Meanwhile, the logistics industry is paying close attention to the shifting tides of big-scale business contracts.

    FTC and Florida take down deceptive truck investment scheme

    FTC and Florida take down deceptive truck investment scheme
    The FTC and Florida have shut down RivX for allegedly running a deceptive trucking investment scheme that left many investors without trucks or income.
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    Cybersecurity risks in trucking: Experts warn of ELD vulnerabilities

    Cybersecurity risks in trucking: Experts warn of ELD vulnerabilities
    A Colorado State University study exposes cybersecurity threats in the trucking industry through vulnerable Electronic Logging Devices that could risk vehicle control and data security.
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    Atchafalaya Basin Bridge update ends split speed limits for trucks and cars

    Atchafalaya Basin Bridge update ends split speed limits for trucks and cars
    Louisiana's Atchafalaya Basin Bridge implements a uniform 60 mph speed limit for all vehicles and sets right-lane-only rules for trucks to enhance road safety.
    Read more ⟶
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