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Saia reduces workforce citing lower than normal volume

Oct 7, 2008 Logistics


Less-than-truck-load carrier Saia said it has reduced its workforce by about 5 percent.

In a filing with the Securities and Exchange Commission, the Johns Creek, Ga.-based company, said it has implemented a reduction in force to bring the company's workforce in line with current business levels. This action was taken as the industry is experiencing lower than normal seasonal volume and an uncertain economic environment.

The reduction is across both field operations and the corporate office. 


Source: American Shipper

 
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