Report: Penske to close terminal, cut 92 jobs

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Penske Logistics is closing a terminal in northeast Ohio that employs 92 people because of a reduction in business, according to the Cleveland Plain Dealer. The company plans to close the terminal in Richfield by March 31, the Plain Dealer reported.

A Teamsters official told the Plain Dealer the terminal organizes deliveries for General Motors; the Local 24 represents 69 drivers and dock workers at the terminal. Union secretary-treasurer Ken Ramser told the Plain Dealer those who stay with the company until the terminal closes or until they are let go will get $1,000 bonuses as long as they have no unexcused absences or accidents in which they are charged with an offense.