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-0.000765747040934574 -0.000809504014702353 -0.00083138250158618 0.000262541842606175 -0.00072199006716692 0.00155337256875322 0.0041350340210472 0.00293171724243558
Stock impact report

Logistics layoffs top 800 as contracts unwind across trucking, warehousing [Yahoo! Finance]

Ryder System, Inc. (R) 
Last ryder system, inc. earnings: 4/29 07:55 am Check Earnings Report
US:NYSE Investor Relations: investors.ryder.com
Company Research Source: Yahoo! Finance
in some lanes, contract freight — particularly in dedicated and warehouse-linked operations — remains under pressure. Recent WARN filings, company disclosures and media reports show 829 job cuts tied to contract losses, facility closures and shifting supply chain strategies across multiple states over the last three weeks. Contract churn drives warehouse job cuts Saddle Creek Logistics Services is laying off 168 workers at its New Caney, Texas, facility near Houston, with cuts effective June 11 after a customer opted to bring operations in-house. The affected roles are primarily forklift operators and warehouse workers. The move follows earlier 2026 layoffs by Saddle Creek, including 151 workers in Bessemer, Alabama, highlighting a broader trend of shippers reevaluating outsourced logistics networks. Similarly, Ryder System is exiting warehouse operations in Waterloo, Iowa, after a contract was not renewed. The closure will result in 153 layoffs by July 24, though the compan Show less Read more
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