Four companies are eliminating nearly 250 jobs at logistics and distribution facilities across New Jersey, North Carolina, Illinois and California, while nine transportation- and logistics-related companies have recently sought bankruptcy protection.
The latest bankruptcy filings and layoff notices highlight continued financial stress across trucking, freight forwarding, warehousing, trailer manufacturing and supply chain services.
The largest announced workforce reduction involves Fusion Transport LLC, a New Jersey logistics provider that plans to lay off 79 employees at its Piscataway facility effective Oct. 1, according to a Worker Adjustment and Retraining Notification filed with the state…