In brief: layoffs and shutdowns in the transportation industry

10 Roads, FedEx and Bollinger Motors announce shutdowns. The trucking industry is reeling. 10 Roads announces shutdown and end of USPS operations 10 Roads, one of the largest mail haulers in the United States, announced Monday that over the next 60 days it will wind down its operations and cease providing services to the U.S. […]
FedEx founder and visionary, Fred Smith, passed away at 80

His vision helped establish a business model that has benefited countless companies globally. Fred Smith, the president and founder of FedEx, has passed away at the age of 80 from natural causes in Memphis, the company has announced. Smith was a prominent figure in the global transportation and logistics industry, transforming Federal Express into the […]