The logistics community is campaigning for laid-off CH Robinson workers

Welcome to WHAT THE TRUCK?!? Newsletter presented by XPO. In this issue, CH Robinson’s latest layoffs; Cargo community offers jobs for laid-off CHRW workers; Truckersgiving comes to Love’s; PS5s in stock and more.

CH Robinson is laying off almost 1,200 employees

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“We have outperformed ourselves in terms of the number of employees” — Sad news from CH Robinson as over a thousand souls are being shown the door. FreightWaves reports, “According to sources familiar with the situation, truck brokerage giant CH Robinson Worldwide Inc. is laying off between 1,000 and 1,200 employees, most of whom serve at the vice president and general manager level.”

SONAR
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What went wrong? – The big descent from pandemic highs has been in trucking for most of the year and on the water since June on the horizon. Still, while CH Robinson most last conference call, CEO Bob Biesterfeld said he doesn’t predict that truckload demand will fall as quickly as it has, nor that spot market and contract rates will fall significantly. CH Robinson missed earnings last week and hinted those layoffs were imminent.

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Is there more to come? Layoffs at big logos can have an impact… in the worst possible way. Now that CH Robinson has broken the seal with a large number, I would expect many more brokers and FreightTech firms to use this as market coverage to make their own corrections.

LinkedIn

Pick each other up The best thing about the logistics community is that whenever a major report on mass layoffs is released, so many people and companies rush to help. In light of the layoffs at CHRW, I have asked you, the cargo community, to post any vacancies you may have available for the displaced. The good news? There are still many opportunities in this business. Here is a link to the post with 80+ entries and a selection of those jobs below.

If you have roles available email me and I’ll mention them on tomorrow’s show.

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Personally, I was released just before the holidays in 2016 while my wife was 8 months pregnant. It set me on the career path to what I’m doing now and it turned out to be the best thing that could have happened to me. I even did a Ted Talk about it. May the wind be at your back and the journey forward glorious.

trucker giving

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Fill them up – Stuck under a burden again this Thanksgiving season? Beginning Thursday, November 17, Cheester’s Chicken is collaborating with Love’s on their second annual Truckersgiving celebration. According to the companies, “Chester’s and Love’s honor truck drivers with a free Super Snacks menu for the first 100 guests at every Chester’s located at Love’s. Additionally, the first 20 Road Warriors to present their professional driver’s license at each location will also receive a custom Chester trucker hat.”

What’s in the Super Snack Meal? While it’s not a meal with all the fix-ins, you do get 2 pieces of fried chicken and a side of potato wedges. I can’t complain about the price, the heartburn is another story.

The supply chain is healing?

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Under the tree – Still waiting to get a PS5 after two years of inventory shortages? Maybe you’re lucky and just in time as God of War: Ragnorok is finally out (have you seen those review scores?!?) What’s different now? Certainly not ask. “In September, it took an average of 17.5 hours for 100,000 units to sell out after they arrived,” said Executive Deputy President and CFO Hiroki Totoki. “To meet this strong demand, we will do our utmost to bring the supply forward into the Christmas sales season at the end of the year.”

Sony says it no longer has the same problems securing semiconductors and parts. All told, the company plans to sell 18 million units this year and 23 million units in 2023 to surpass PS4 sales.

Sponsored by XPO

XPO

XPO strives to put your cargo first. With coverage of 99% of US zip codes and major routes in Mexico and Canada, XPO helps you get your shipments where they need to be – on time and damage free. All of this is enhanced by over 35 years of world-class LTL experience. Learn more.

WTT Friday

Getting back on your feet in a bad market — On Friday’s episode of WHAT THE TRUCK?!? Dooner and The Dude are putting on a show for those of you who are struggling through a bad cargo market and want to make it on the other side. We’ll talk about roles for laid-off workers; Strategies for airlines surviving a downturn; Dealing with the mental stress of market conditions and how to think about growth over the next two quarters.

With special guests Adam Wingfield, Founder/CEO of Innovative Logistics Group LLC.; Dan Abrahamsen, CEO of Cover Whale; Joshua Hernandez, operations manager at Mustang Express; Maria Leal, Recruitment Coordinator on Steam.

Catch new shows Mondays, Wednesdays and Fridays at 12:00 p.m. ET live on FreightWavesTV, FreightWaves LinkedIn, Facebook, youtube or on request under WHAT THE TRUCK?!? on your favorite podcast player.

Now on request

The massive sea upheaval in America’s ports

The chaos and beauty of the supply chain

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Thank you for reading!

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