Sunday, October 23, 2011

Penske losing Big Lots logistics contract - San Antonio Business Journal:

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is packing up this summer at thediscount retailer’s headquarterd and four other distribution facilitiew after the merchant opted to not renew a logisticsz contract that expires in July. The Reading, Pa.-basef Penske said 186 workers, includinf 53 in Columbus, could be affected when its contractrwith Columbus-based Big Lots (NYSE:BIG) expiresw July 31. Penske spokesman Randy Ryerson said the compan has worked with the retailersince 1991. The 1,300-store Big Lots has chosen a new third-part y logistics provider to continuew the warehousing and distribution work that Penskre performed atthe retailer’s Phillipi Road headquarters and its distributioh centers in Tremont, Pa; Ala.
; Rancho Cucamonga, Calif.; and Durant, Okla. Timothy Big Lots’ vice president of strategic planning and investor said more than a dozen carriers bid for the He declined to disclose the company Big Lots selecter tosucceed Penske. Big Lots and Pensk representativessaid they’re working with trucjk drivers looking to continue work under the new logisticsx provider. Johnson said the company met with workera over the weekend to introduce the new In the event that some workersare cut, Ryersoh said privately held Penske will work with the statee “to make sure employeed are aware of different services.” Penske employs abourt 20,000 workers worldwide.
Asked why Big Lots optedx to bid for a new contractor after thelatest five-year contract with Penske, Johnsobn said, “a lot has changed in transportation in the past five We owed it to our associates and shareholderz to take a fresh look at how we handl outbound transport.” The loss of the Big Lots contractr comes less than a year after Penske was replaced at a warehouse in Chattanooga, Tenn.-based last fall stepped in at the where Penske had employed 146 workers. Penskew has 400 logistics centers worldwide.
Its Central Ohio operationws include a number of distributiomn and warehousing facilities inthe

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