Texas-based trucking company Trinity Logistics Group is ceasing operations due to “lack of work” in an abrupt closure that left some drivers blindsided, sources close to the company told FreightWaves.
Drivers were told of the closure in a Sept. 28 conference call, sources told FreightWaves on Saturday. Dallas-based Trinity Logistics Group is a wholly-owned subsidiary of Trinity Industries, Inc. (NYSE: TRN.)
All of the equipment had been slated to be returned to the company’s headquarters on Friday.
Trinity Logistics Group had 102 drivers and 150 power units, according to the Federal Motor Carrier Safety Administration SAFER website. The carrier offered flatbed, oversize and heavy haul services, including hauling wind tower components.
Trinity Industries’ spokesman Jack Todd did not return multiple telephone calls and emails seeking comment about the closure.
A source said all drivers were paid for their work and were not stranded without working fuel cards as was the case in other shutdowns, including Indianapolis-based Celadon and Falcon Transport of Youngstown, Ohio.
In its latest earnings call in July, Trinity Industries, which owns Trinity Rail, a company that manufactures railcars, said financial troubles in the frac sand sector hurt the company’s second-quarter net profits.
According to a FreightWaves report, Trinity said 2019 marked its first year as a rail-focused company. Earlier this year, Trinity named E. Jean Savage, who was already on Trinity’s board, as its new president and CEO.
While Trinity Industries has job openings in all of its other business segments, no trucking positions were listed.
This was a red flag for some of its drivers.
On the Trinity Logistics Group website, it states that “Our fleet has done an exceptional job this year and we are at capacity for drivers.”
According to the Texas Workforce Commission website, Trinity Logistics Group had not filed a notice of its impending closure prior to its announcement on Sept. 28.
Employers with more than 100 employees are required to notify workers as part of the federal Worker Adjustment and Retraining Notification (WARN) Act. WARN requires employers to provide their employees with a 60-day notice of a massive layoff.
This is a developing story
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Bridget
This is unfortunate news! Manning Transfer is currently hiring Class A drivers with 2 years experience, if any of the Trinity Logistics Group truck drivers are seeking employment. We would welcome the opportunity to help! Manning Transfer is family-owned for 50 years, 1 in 3 drivers have been with us for 10+ years. Please contact Bridget@manningtransfer.com or visit http://www.manningtransfer.com for more information.
Rob Blankenship
I’m looking for drivers in the Seattle/Tacoma market. See http://www.bartelsontransport.com for more info.
Art
The point is uncontrolled immigration causes wage deflation for the people already here regardless if they were immigrants as well.
What is good for business and consumers is not good for workers.
This is more than just Mexico…Somalians, Filipinos, Ukranians, Bulgarian, Russians, etc, etc, etc are flying in then overstaying visas than depressing work wages, not paying taxes, sending kids to schools, needing welfare….
The US is falling while China is raising
Mexico and US will be on equal level in the near future
Joseph LeMelle
The real problem is not just immigration woes, it’s corporations wanting to put MORE MONEY in their pockets.
Albert
A “Global Economy” presupposes Global Wages.
American wages will be level with Chinese soon.
Art
Yes they will be and educated folks are not immune.
Soon the only jobs in USA will be ones requiring physical presence and physical labor.
COVID was a brilliant strategy by the Chinese.
New modern warfare.
Of course world leaders would never admit they lost to the Chinese.
A. Manny ß.
Probably, absolutely true, I feel the same instincts.
Jay
Very true
Art
Republicans and democrats keep flooding the country with immigrants depressing wages (and freight rates).
The border wall will do nothing…. immigrants keep flying in then overstay visas… cycle repeats.
Republicans and big business love cheap labor.
Democrats and republicans don’t care for middle class.
Donald and Biden serve the rich.
59 Americans richer than 150 MILLION Americans.
Modern day slavery.
Kate Frederickson
If you didn’t have some of those immigrants like the Mexicans you wouldn’t eat at all. All the food on your table came through a Mexicans hand. Either in a field or through a process plant a warehouse or though a grocery store clerk. Im not saying all are usable reliable, like the Hondurans and Salvadoreans they just show up and want free stuff with no work or they want to take your job or start a business and make others work for them. They are sleazy and taking from American tax payers. The Mexicans at least are a part of creating and are putting work into it and it has been like that a long time. The others especially all those Africans coming are just wanting hand outs.
Charles Randall Hanna
My family traveled the entire U.S picking crops long before illegal labor started flooding our country
The Americans didn’t stop picking crops
The corporation stopped paying the people for thier work because they could get illegal labor to pick crops and the corporations didn’t have to pay any taxes on them