Labor Department reported 19,000 factory jobs added in October
The Wall Street Journal’s Kelly Cloonan reported that the new Fort Worth facility would cover 15,000 square feet and have capacity to build tens of thousands of aircraft each year. The plant would create up to 100 manufacturing jobs.
Wing plans to invest up to $125 million over the next two years in the manufacturing facility, which aims to help meet growing demand for quicker delivery.
The facility also aims to support Wing’s efforts to expand delivery services across the United States.
Wing is aiming to expand into nearly 20 U.S. markets by 2027 through its Walmart partnership, up from five major metropolitan areas now, including Dallas-Fort Worth, Atlanta and Houston.
The Wall Street Journal’s David Uberti wrote that “U.S. manufacturing employment has rebounded above levels last seen before President Trump’s Liberation Day tariffs upended global trade.”
Employers added 19,000 factory jobs in October, according to the Labor Department, extending monthslong gains. Hiring was concentrated in areas including metals and machinery manufacturing, as well as chipmaking. The U.S. economy added 165,000 jobs overall in October, with employment increasing in professional and business services, healthcare, and transportation and warehousing.
The Labor Department said growth in courier and messenger employment and in air transportation fueled a gain of 104,000 jobs in transportation and warehousing since a recent low in February. Employment was essentially flat from a year earlier in trucking, down 2.4% in rail and up 0.56% in air transport.
Xeneta reported that the average global spot rate to ship a kilogram of cargo by air in October was up 29% from a year earlier.
Last week, rival Zipline said it had expanded its Walmart partnership and raised $1.5 billion in fresh funding, more than doubling its valuation from earlier in the year to $21.5 billion.