Weak Freight Demand Triggers Facility Closures, Job Cuts Across Supply Chain
ByAinvest
Wednesday, Feb 4, 2026 7:39 am ET1min read
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A wave of facility closures and job cuts has hit the supply chain due to weak freight demand, excess capacity, contract losses, and network consolidation. Since mid-January, 3,147 freight and manufacturing job cuts have been announced, including layoffs at Macy's, Alton Steel, Continental Tire of America, and CNH Industrial America. The closures reflect broader consolidation pressures facing energy- and transportation-linked manufacturers that rely on industrial freight demand.
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