Job cuts at courier, trucking operations came amid continued gains in warehouse employment
By Erica E. Phillips February 3, 2017
Couriers and other cargo-handling businesses slashed payrolls by 13,000 jobs in January, ending several months of gains during which the logistics sector ramped up for the holiday season.
Employers in the logistics and transportation sector cut 4,000 jobs overall last month, as cutbacks across most shipping industries offset the addition of 9,400 jobs in warehousing and storage, the U.S. Bureau of Labor Statistics reported Friday. Warehouse operators have added more than 70,000 jobs in the last 12 months as companies have built up operations to handle the big retail-world shift toward e-commerce.
But couriers—including the parcel carriers that handle final delivery of consumer online sales orders—cut 7,400 jobs following the busy late-year period. Trucking companies cut 1,400 jobs from December to January and rail operators cut another 600, a sign of tepid demand in industrial sectors. [Full Story]