2026-10-09 US West Coast
HCM-UWC 8,217 USD/FEU +0.67% Index 4,004 pts
2026-10-09 US East Coast
HCM-UEC 11,055 USD/FEU +2.44% Index 3,383 pts
2026-10-09 Northern Europe
HCM-NEU 3,354 USD/FEU +0.48% Index 2,308 pts
2026-10-09 Mediterranean
HCM-MED 3,953 USD/FEU +0.65% Index 2,160 pts
2026-10-09 China
HCM-CHN 86 USD/FEU -15.38% Index 1,012 pts
2026-10-09 Korea
HCM-KOR 320 USD/FEU +0.85% Index 1,074 pts
2026-10-09 Japan
HCM-JPN 525 USD/FEU +7.80% Index 1,695 pts
2026-10-09 Southeast Asia
HCM-SEA 345 USD/FEU +11.43% Index 1,763 pts
2026-10-09 Oceania
HCM-ANZ 4,788 USD/FEU -3.08% Index 7,577 pts
2026-10-09 Middle East
HCM-MEA Suspended
2026-10-09 South America
HCM-SAM 5,982 USD/FEU -14.67% Index 3,738 pts
2026-10-09 South Africa
HCM-ZAF 4,267 USD/FEU -4.27% Index 2,425 pts
2026-10-09 East & West Africa
HCM-EWA 5,131 USD/FEU +0.35% Index 1,307 pts
2026-10-09 Global
VCFI Composite Rate 5,105 USD/FEU +0.51% VCFI Composite Index 3,520 pts +0.11%
2026-10-09 US West Coast
HCM-UWC 8,217 USD/FEU +0.67% Index 4,004 pts
2026-10-09 US East Coast
HCM-UEC 11,055 USD/FEU +2.44% Index 3,383 pts
2026-10-09 Northern Europe
HCM-NEU 3,354 USD/FEU +0.48% Index 2,308 pts
2026-10-09 Mediterranean
HCM-MED 3,953 USD/FEU +0.65% Index 2,160 pts
2026-10-09 China
HCM-CHN 86 USD/FEU -15.38% Index 1,012 pts
2026-10-09 Korea
HCM-KOR 320 USD/FEU +0.85% Index 1,074 pts
2026-10-09 Japan
HCM-JPN 525 USD/FEU +7.80% Index 1,695 pts
2026-10-09 Southeast Asia
HCM-SEA 345 USD/FEU +11.43% Index 1,763 pts
2026-10-09 Oceania
HCM-ANZ 4,788 USD/FEU -3.08% Index 7,577 pts
2026-10-09 Middle East
HCM-MEA Suspended
2026-10-09 South America
HCM-SAM 5,982 USD/FEU -14.67% Index 3,738 pts
2026-10-09 South Africa
HCM-ZAF 4,267 USD/FEU -4.27% Index 2,425 pts
2026-10-09 East & West Africa
HCM-EWA 5,131 USD/FEU +0.35% Index 1,307 pts
2026-10-09 Global
VCFI Composite Rate 5,105 USD/FEU +0.51% VCFI Composite Index 3,520 pts +0.11%
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Sunday, 25/05/2025, 14:00 (GMT +7)

618

Freight industry layoffs spread across California and Texas

The shipping industry in California and Texas is experiencing a wave of massive layoffs, with more than 1,000 jobs affected at industry leaders UPS, FedEx and Amazon.

Freight-industry-layoffs-surge

 

Layoffs continue to hit the freight industry hard, with companies in California and Texas announcing more than 1,048 layoffs in the past week alone.
Companies announcing the cuts include UPS, FedEx, F&S Produce West LLC and Amazon.


UPS


UPS plans to cut two shifts at a warehouse in West Sacramento, California, resulting in 355 job losses by mid-July.

Atlanta-based UPS (NYSE: UPS) said the layoffs are part of a companywide initiative that it described as “the largest network restructuring in UPS history,” according to The Sacramento Bee.

In April, UPS told investors it planned to cut about 20,000 jobs and close 73 facilities by the end of the year.


FedEx Supply Chain Logistics and Electronics


FedEx Supply Chain Logistics and Electronics (NYSE: FDX) said it will lay off 305 employees at its North Fort Worth, Texas, logistics center, according to a Worker Adjustment and Retraining Notification (WARN) Act notice filed with the state.

FedEx said the layoffs, which are expected to be completed by Oct. 25, are due to a customer moving to another facility and contracting with a new third-party logistics provider (3PL).

FedEx's North Fort Worth logistics center will continue to operate with 275 employees.


F&S Produce West LLC


F&S Produce West, a food and agricultural wholesaler, plans to cut 255 jobs at its facility in southeast Houston.

The company did not specify the reason for the layoffs in its WARN notice filed with the state. It is unclear whether the facility will continue to operate.

Representatives for F&S Produce West did not respond to a request for comment from FreightWaves.


L&T Precision


Specialty manufacturer L&T Precision plans to close a facility and lay off 81 employees in Poway, California, according to a WARN notice.

The facility, which specializes in manufacturing services for the aerospace and defense industry, will cease operations on Aug. 1.

The company did not immediately respond to a request for comment from FreightWaves.


Amazon 


According to WARN filings, Amazon is laying off 52 employees at four facilities in Sunnyvale, California.

The cuts include 33 employees from Amazon Lab126, an engineering and technology center, along with 19 employees from its technology and fulfillment centers in the city.

Amazon (Nasdaq: AMZN) did not provide a reason for the job cuts.

 

See more:

 

Source: Phaata.com (According to Freight Waves)

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