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Rail News Home Rail Industry Trends

1/10/2002



Rail News: Rail Industry Trends

Wabash National cuts 480 jobs


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Citing a continuing drop in truck-trailer demand, Wabash National Corp. plans to cut another 480 jobs at its Lafayette, Ind., plant.

"This will ‘lean out’ the organization to fit what we need to run customer orders," said Nick Fletcher, vice president of human resources, in a prepared statement.

Expected to be temporary, the layoffs would reduce Wabash National employment to about 2,000 full-time people — at least 1,000 less than it had a year ago. The company manufactured 35,000 truck trailers in 2001, about a quarter of the overall market but half the 69,772 trailers it produced in 2000, the company said.