Illinois carrier cuts dry vans; lays off 450

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{"text":"Roadrunner Transportation Systems, Inc. Monday, Sept. 30 announced it will “downsize its unprofitable dry van business, which is part of the company’s truckload segment,” according to a statement issued by the Downers Grove, Illinois company that employs more than 3,600 drivers. The company said it will cut 450 jobs — about 10% of its workforce — and close five terminals.\n\nThe company said employees subject to the job cuts will receive either severance or a 60-day notice. Roadrunner’sstatement also said the company expects to incur one-time pretax operations restructuring costs of between $12 million and $16 million, excluding the gain or loss on the sale of equipment and the write-down of assets.\n\nRead more: https://www.truckersnews.com/illinois-carrier-cuts-dry-vans-lays-off-450/  ","videos":"[]","link":"{}","pics":"[]","canComment":true}