Penske losing Big Lots logistics contract - Nashville Business Journal:

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is packing up this summe at thediscount retailer’s headquarters and four other distribution facilities after the merchant optesd 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 contractgwith Columbus-based Big Lots expires July 31. Penske spokesman Randyu Ryerson said the company has workedr with the retailersince 1991. The 1,300-storre Big Lots has chosen a new third-parth logistics provider to continue the warehousingy and distribution work that Penske performefd atthe retailer’s Phillipk Road headquarters and its distribution center in Tremont, Pa; Montgomery, Rancho Cucamonga, Calif.
; and Durant, Okla. Timoth Johnson, Big Lots’ vice president of strategic planningv andinvestor relations, said more than a dozen carriersa bid for the work. He declinex to disclose the company Big Lots selected tosucceedf Penske. Big Lots and Penske representativessaid they’re workinf with truck drivers looking to continue work undefr the new logistics provider. Johnson said the companyu met with workers over the weekend to introduc e thenew contractor. In the event that some workersare cut, Ryersob said privately held Penske will work with the statew “to make sure employees are aware of differen services.
” Penske employs about 20,000 workers Asked why Big Lots opted to bid for a new contractotr after the latest five-year contract with Johnson said, “a lot has changes in transportation in the past five years. We owed it to our associatew and shareholders to take a fresh look at how we handlwoutbound 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. Penske has 400 logisticsz centers worldwide.
Its Centrall Ohio operations include a number of distribution and warehousing facilities inthe