Saturday, July 15, 2023

NOLA cargo company shuts down

NEW ORLEANS - After 30+ years, Coastal Cargo, a New Orleans-based stevedoring company said it is shutting down operations at the Port of New Orleans and has laid off its 135 employees. 

Coastal Cargo, which specializes in handling bulk and breakbulk cargo like large equipment, boxes and drums that don’t fit into traditional containers, notified the Louisiana Workforce Commission in June that the layoffs were effective July 14. 

An employee at the company’s HQ told NOLA.cothe company is closing its doors permanently because of a lease termination and ongoing legal dispute. She declined further comment. 

Port NOLA officials also declined to comment on the court case but confirmed it had officially terminated Coastal ’s lease June 30. 

A Port NOLA spokesperson said two other breakbulk cargo operators - Ports America and QSL - are expanding and leasing the facilities previously occupied by Coastal. (The AP 07/14/23) Stevedoring Company Shuts Down, Lays Off Workforce - Biz New Orleans

No comments: