Wednesday, November 7, 2012

Penske losing Big Lots logistics contract - Portland Business Journal:

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is packing up this summer at thediscouny retailer’s headquarters and four other distribution facilitiess after the merchant opted to not renew a logistics contrac t that expires in July. The Pa.-based Penske said 186 workers, including 53 in Columbus, could be affected when its contracrwith Columbus-based Big Lots (NYSE:BIG) expireas July 31. Penske spokesman Randy Ryerson said the compan y has worked with the retailersincd 1991. The 1,300-store Big Lots has chosen a new third-partyh logistics provider to continue the warehousing and distribution work that Penske performed atthe retailer’s Phillipi Road headquarters and its distributio n centers in Tremont, Pa; Montgomery, Ala.
; Rancho Calif.; and Durant, Okla. Timothy Johnson, Big Lots’ vice presidenrt of strategic planning andinvestor relations, said more than a dozejn carriers bid for the work. He declinec to disclose the company Big Lots selectee tosucceed Penske. Big Lots and Penske representativesasaid they’re working with truck drivers lookingt to continue work under the new logistic s provider. Johnson said the companyt met with workers over the weekend to introduce the new In the event that some workereare cut, Ryerson said privately held Pensked will work with the state “tpo make sure employees are aware of different Penske employs about 20,000 workers worldwide.
Asked why Big Lots opte to bid for a new contractor after thelatesr five-year contract with Penske, Johnson said, “a lot has changed in transportation in the past five We owed it to our associatesz and shareholders to take a fresh look at how we handlse outbound transport.” The loss of the Big Lots contract comes less than a year afte r Penske was replaced at a warehousr in Lockbourne. Chattanooga, Tenn.-based last fall steppe d in atthe facility, where Penske had employed 146 Penske has 400 logistics centers worldwide.
Its Central Ohio operations include a number of distributionj and warehousing facilities inthe

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