The logistics and freight sector continues to experience significant distress. Hundreds of warehouse workers in Indiana are facing imminent layoffs. Humano LLC and SIMOS announced over 1,100 job cuts at an Avon facility. Ryder Integrated Logistics also reported 76 layoffs in Plainfield, Indiana. Multiple small trucking and warehousing companies recently filed for bankruptcy protection.
Avon, Indiana
https://www.freightwaves.com/news/freight-distress-report-warehouse-cuts-mount-trucking-bankruptcies-continue