Arrow Trucking Halts Operations

Arrow Trucking faces bankruptcy as employees are sent home.
Employees at the company headquarters, 4230 S. Elwood Ave., wonder if their jobs will exist after they were told to empty their desks and go home.
The staffs of Workforce Oklahoma, the Oklahoma Employment Security Commission and the Oklahoma Department of Commerce are working to minimize the impact of the Arrow Trucking layoffs. The Oklahoma Rapid Response team, made up of staffs from the three agencies, will assist the displaced employees at 9 a.m. and 1 p.m. Tuesday, Dec. 29, at Central Tech, 1720 S. Main Street in Sapulpa.
Doug Pielsticker, Arrow president and CEO, issued a statement saying the company is in negotiations with its principal lender.
“Those negotiations are continuing but the lender has elected to proceed with securing its collateral. The company is communicating with several interested parties and continues to seek a prompt resolution,” Pielsticker said.
Arrow employees can get help with Oklahoma Unemployment Insurance, said State Rapid Response Administrator Lynda Baird.
“There are about 300 truck drivers involved in this shutdown,” Baird said. “This is a very sad situation at this time of year, but we will do everything we can to assist these people in this very stressful time.”
The Tulsa-based trucking company owns more than 1,400 trucks and operates transports across the U.S.
The agencies will offer career counseling and job search assistance, resume preparation and interviewing skills, health benefits and pensions, education and training opportunities and information about childcare assistance.

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