Saturday, September 8, 2012

Penske losing Big Lots logistics contract - Kansas City Business Journal:

vanbeekdulejos1771.blogspot.com
is packing up this summere at thediscount retailer’s headquarters and four otheer distribution facilities after the merchant optedf to not renew a logistics contract that expires in July. The Pa.-based Penske said 186 workers, including 53 in could be affected when its contractwith Columbus-basefd Big Lots (NYSE:BIG) expires July 31. Penske spokesman Randyh Ryerson said the company has worked with the retailerdsince 1991. The 1,300-store Big Lots has chosen a new third-partyg logistics provider to continue the warehousing and distribution work that Penskes performed atthe retailer’s Phillipi Road headquarterds and its distribution centers in Pa; Montgomery, Ala.
; Rancho Calif.; and Durant, Okla. Timothy Big Lots’ vice president of strategic planningh andinvestor relations, said more than a dozen carriersw bid for the work. He declined to disclose the compang Big Lots selected tosucceed Penske. Big Lots and Penskwe representativessaid they’re working with trucki drivers looking to continue work undefr the new logistics provider. Johnson said the company met with workere over the weekend to introduce the new In the event that some workersare cut, Ryersonj said privately held Penske will work with the statwe “to make sure employees are aware of differenf services.” Penske employs about 20,000 workersx worldwide.
Asked why Big Lots opted to bid for a new contractorf 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 shareholders to take a fresgh look at how we handle outbound The loss of the Big Lots contracft comes less than a year after Penskde was replaced at a warehouse in Lockbourne. Tenn.-based last fall stepped in at the where Penske had employed 146 Penske has 400 logisticscentere worldwide.
Its Central Ohio operations include a numberr of distribution and warehousing facilities inthe

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