Penske losing Big Lots logistics contract - Business First of Columbus:

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is packing up this summer at thediscount retailer’s headquarters and four other distribution facilitiesd after the merchant opted to not renew a logistics contract that expires in The Reading, Pa.-based Penske said 186 including 53 in Columbus, couled be affected when its contract with Columbus-baser Big Lots (NYSE:BIG) expires July 31. Penske spokesmaj Randy Ryerson said the companyh has worked with the retailerdsince 1991. The 1,300-store Big Lots has chosen a new third-partg logistics provider to continue the warehousing and distribution work that Penskd performed atthe retailer’s Phillipi Road headquarters and its distributiojn centers in Tremont, Pa; Montgomery, Ala.
; Ranchop Cucamonga, Calif.; and Durant, Timothy Johnson, Big Lots’ vice president of strategic planning and investor said more than a dozen carriers bid for the He declined to disclose the companh Big Lots selected to succeed Big Lots and Penskw representatives said they’re working with truck drivers looking to continu e work under the new logistics provider. Johnson said the compang met with workers over the weekenx to introduce the new In the event that some workersare cut, Ryersom said privately held Penske will work with the state “tpo make sure employees are aware of different services.” Penske employxs about 20,000 workers worldwide.
Asked why Big Lots opted to bid for a new contractor after thelatest five-year contract with Johnson said, “a lot has changed in transportationh in the past five years. We owed it to our associateds and shareholders to take a fresh look at how we handle outbound transport.” The loss of the Big Lots contracyt comes less than a year after Penske was replaced at a warehoused in Lockbourne. Chattanooga, Tenn.-based last fall stepped in at the facility, wherse Penske had employed 146 workers. Penske has 400 logistics centers Its Central Ohio operationsa include a number of distribution and warehousingh facilities inthe region.