Massive Trucking Industry Layoffs Hit Kansas City As Tax Break Cash Burns

Special thanks to an AWESOME TKC READER for this bit of insight.

We'll unpack it for you . . . 

It starts as always, with MASSIVE TAXPAYER SUBSIDY . . .

Remember that KC Council offered freight quote EPIC incentives amid an unproductive and costly border war with Kansas.

And then . . .

C.H. Robinson acquired Freightquote.

And now . . . 

"Truck brokerage giant C.H. Robinson Worldwide Inc. is laying off between 1,000 and 1,200 employees, most of whom are at the vice president and general manager level, according to sources familiar with the situation. The move, as FreightWaves CEO Craig Fuller reports, "might be the largest layoff in the history of freight brokerages, not related to a bankruptcy or acquisition."

Read more via www.TonysKansasCity.com link . . .

C.H. Robinson Announces Largest Layoff In The History Of Freight Brokerage

It's not just tech giants and Wall Street firms any more. As FreightWaves reports, truck brokerage giant C.H. Robinson Worldwide Inc. is laying off between 1,000 and 1,200 employees, most of whom are at the vice president and general manager level, according to sources familiar with the situation.