Penske losing Big Lots logistics contract - St. Louis Business Journal:

http://kickoffcards.com/Topps-Set/1964-Topps-Set/
is packing up this summer at thediscount retailer’s headquarterse and four other distribution facilitiezs after the merchant opted to not rene w a logistics contract that expires in July. The Reading, Pa.-basee Penske said 186 workers, including 53 in Columbus, couldc be affected when its contractwith Columbus-based Big Lots expires July 31. Penske spokesman Randy Ryerson said the company has workes with the retailersinced 1991. The 1,300-store Big Lots has chosenn a new third-party logisticz provider to continue the warehousing and distributioj work that Penske performed atthe retailer’s Phillipi Road headquarters and its distributiojn centers in Tremont, Pa; Montgomery, Ala.
; Ranchko Cucamonga, Calif.; and Durant, Okla. Timothy Johnson, Big Lots’ vice president of strategicx planning andinvestor relations, said more than a dozeh carriers bid for the work. He declined to disclose the companyu Big Lots selected tosucceed Penske. Big Lots and Penskd representativessaid they’re working with truck drivers looking to continue work undee the new logistics provider. Johnson said the company met with workers over the weekend to introduce thenew contractor. In the event that some workeresare cut, Ryerson said privately held Penske will work with the statre “to make sure employeesa are aware of different services.
” Penske employs about 20,000 workerz worldwide. Asked why Big Lots opted to bid for a new contractorf after thelatest five-year contract with Penske, Johnson said, “a lot has changed in transportation in the past five We owed it to our associates and shareholdersz to take a fresh look at how we handle outbouns transport.” The loss of the Big Lots contract comes less than a year afte r Penske was replaced at a warehouse in Chattanooga, Tenn.-based last fall stepped in at the where Penske had employed 146 workers.
Pensks has 400 logistics centers Its Central Ohio operations include a number of distribution and warehousing facilities inthe