Industrial Staffing Report: June 16, 2016

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TrueBlue to lose revenue as Amazon shifts staffing needs (The Seattle Times)

Instead of having TrueBlue Inc. (NYSE: TBI) supply workers for Amazon’s fulfillment centers in the US, the e-commerce giant wants TrueBlue to staff smaller sortation facilities, as well as warehouses in Canada, The Seattle Times reported. Amazon is TrueBlue’s largest customer and last year generated $350 million for the staffing company. about 13% of its $2.7 billion revenue; the change will knock $150 million off TrueBlue’s revenues this year, according to The Seattle Times.