Banking

JPMorgan gives CPCC $235,000 to create logistics degree program

JPMorgan Chase & Co. is giving $235,000 to Central Piedmont Community College to create a new associate degree program in global logistics and distribution management, the college announced Wednesday.
JPMorgan Chase & Co. is giving $235,000 to Central Piedmont Community College to create a new associate degree program in global logistics and distribution management, the college announced Wednesday. AFP/Getty Images

JPMorgan Chase & Co. is giving $235,000 to Central Piedmont Community College to create a new associate degree program in global logistics and distribution management, the college announced Wednesday.

According to CPCC, the program is aimed at meeting local demand for jobs in the fast-growing field.

“The average age of truck drivers is 66. We need a lot of truck drivers,” CPCC President Tony Zeiss said at the college’s Global Competitiveness Summit on Wednesday. “We can’t move things without trucks and trains.”

Zeiss said the new degree program will provide skilled workers for operations such as the Norfolk Southern rail freight yard at Charlotte Douglas International Airport.

The program is expected to launch in August.

New York-based JPMorgan is providing the grant as part of its workforce development initiative designed to help meet employer needs for skilled workers worldwide.

“We think this is such an important thing to focus on,” Craig May, JPMorgan’s market manager for North and South Carolina, said. “It is very likely we will find other ways to partner soon, again, with CPCC and any other nonprofit organization in the community we think is driving overall economic growth.”

JPMorgan is the largest U.S. bank by assets. The lender has a commercial banking operation in Charlotte but no branches in the region.

Staff writer Ely Portillo contributed.

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Twitter: @DeonERoberts

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