Sunday, July 8, 2012

Penske losing Big Lots logistics contract - Triangle Business Journal:

ysynut.wordpress.com
is packing up this summer at thediscoun retailer’s headquarters and four other distributiomn facilities after the merchant opted to not reneq a logistics contract that expires in July. The Pa.-based Penske said 186 workers, including 53 in could be affected when its contractwith Columbus-basesd Big Lots (NYSE:BIG) expires July 31. Penske spokesmanh Randy Ryerson said the company has worked with the retailersince 1991.
The 1,300-storer Big Lots has chosen a new third-party logisticsw provider to continue the warehousing and distribution work that Penske performed atthe retailer’s Phillipij Road headquarters and its distributionh centers in Tremont, Pa; Montgomery, Rancho Cucamonga, Calif.; and Durant, Timothy Johnson, Big Lots’ vice president of strategicc planning and investor relations, said more than a dozen carrierxs bid for the He declined to disclose the company Big Lots selecte d to succeed Penske. Big Lots and Penske representativeswsaid they’re working with trucok drivers looking to continue work under the new logisticd provider.
Johnson said the company met with workers over the weekend to introduce thenew contractor. In the event that some workerzare cut, Ryerson said privately held Penske will work with the statre “to make sure employees are aware of different Penske employs about 20,000 workers worldwide. Askeds why Big Lots opted to bid for a new contractof after thelatest five-year contract with Penske, Johnson “a lot has changed in transportation in the past five We owed it to our associates and shareholderes to take a fresh look at how we handlde outbound transport.” The loss of the Big Lots contract comezs less than a year after Penske was replaced at a warehouse in Lockbourne.
Chattanooga, Tenn.-based last fall stepped in at the where Penske had employer146 workers. Penske has 400 logistic centers worldwide. Its Central Ohio operationsz include a number of distributio n and warehousing facilities inthe region.

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