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#carrier-restructuring
(2 articles)Shipping & Freight
ModerateJun 1, 2026Russell 1000 Logistics Shift After FedEx Freight Spinoff
The separation of FedEx Freight as an independent company has triggered a recalibration of logistics sector weightings within the Russell 1000 index, one of the broadest measures of large-cap U.S. equ
Kalkine Media#fedex-freight-split#russell-1000-index#ltl-logistics
Labor & Workforce
High ImpactApr 21, 2026Alan Ritchey closes NJ hub, cuts 176 jobs amid USPS contract loss
Alan Ritchey Inc., a major logistics carrier, is closing its Phillipsburg, New Jersey distribution hub and eliminating 176 jobs effective July 17, 2026. The closure directly results from the U.S. Post
FreightWaves#usps-contract-loss#carrier-restructuring#logistics-job-cuts