Penske Logistics to Lay Off 120 Employees, Shut Down Michigan Operation
Coldwater, MI – Penske Logistics will permanently lay off 121 employees and shut down its Coldwater, MI operation at the end of April.
According to a Worker Adjustment and Retraining Notice (WARN) letter filed with the Michigan Department of Workforce Development, Penske Logistics is shutting down its cross-dock facility located at 330 Sauk Road in Coldwater, after “the unexpected loss of a fair market bid.”
Specifically, Penske says it will no longer be providing Ford Motor Company with “certain warehouse and transportation services.”
The permanent closure will impact 121 employees including 57 truck drivers and 24 warehouse workers among others.
The last day of operations at the Coldwater facility will be April 30, 2020, according to the WARN letter.
It’s the second major layoff just this week after Illinois-based Black Horse Carriers Inc. closed a terminal located at 1270 Hickory St. in Pewaukee, WI.
In a WARN letter filed with the Wisconsin Department of Workforce Development, the carrier said the sudden closure was a result of losing an account and was informed by the customer on February 21.
The closure was effective February 24, and resulted in the permanent elimination of 68 employees including 61 truck drivers.
Photo courtesy of Penske Logistics
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