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Recent Articles

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Employee-based ride-hailing company Alto suspends operations in Miami, Washington DC, cutting about 300 jobs, continues to operate in Los Angeles, Houston; company also cancels plans for all-electric fleet, citing tight market for investment capital

Stellantis North America restructures sales organization into B2C and B2B segments; Jason Stoicevich named SVP for Retail Sales, Jeff Kommor appointed SVP of Commercial Sales, Jeff Hines named President of Stellantis Canada

Amcor reportedly announces major restructuring strategy that involves the slashing of 2,000 jobs and the closure of nearly 10 of its factories around the globe; decision comes in response to a 10% decrease in business volumes

DTC luggage brand Away undergoes restructuring, which includes layoffs impacting 25% of its internal staff and 'the elimination of a traditional executive team structure'; company looks to transition to a 'nimble approach' amid changing consumer landscape

TFI International plans to spin off Daseke into separate company in 2025; company wants spin-off to be specialized truckload carrier, instead of dry van hauler, as TFI sold its dry van truckload assets to Heartland Express for US$525M last year

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