Finnish technology group Wärtsilä revealed plans to further streamline its marine business portfolio by divesting its Gas Solutions business unit.
The post Wärtsilä reshuffles organization, discontinuing Marine Systems appeared first on Offshore Energy.
https://www.offshore-energy.biz/wartsila-reshuffles-organization-discontinuing-marine-systems/
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Those surprised by Proterra Inc.’s Chapter 11 bankruptcy filing earlier this month probably should...
https://www.freightwaves.com/news/who-wants-a-piece-or-two-of-proterra
A renamed and reorganized Wabash sees signs of economic weakening, but nothing preventing optimism for its trailer and last-mile equipment business.
“We appreciate the warning signs in the broader environment,” Wabash CEO Brent Yeagy told analysts Wednesday following the release of second-quarter earnings.
Strong industrial production and demand for big-ticket durable goods offset tighter credit, weakening consumer sentiment and persistent supply shortages. The Federal Reserve on Wednesday...
https://www.freightwaves.com/news/trailer-maker-wabash-pulls-ahead-despite-signs-of-cooling-economy
UK’s fund management company Tufton Oceanic has announced a deep corporate reorganisation designed to ensure further growth. The post Tufton Oceanic reorganizes to seize growth opportunities…
https://www.offshore-energy.biz/tufton-oceanic-reorganizes-to-seize-growth-opportunities/
Over 26,000 people are expected to be affected by Maersk’s internal reshuffling, a company […] The post Thousands of Maersk jobs to be affected by reorganization appeared first on…
https://www.offshore-energy.biz/thousands-of-maersk-jobs-to-be-affected-by-reorganization/
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To read the full article, click here.
https://s29755.pcdn.co/news/daily-infographic-maersk-reorganization
Estonian ferry company AS Tallink Grupp has launched a reorganization process that will impact […] The post Tallink Grupp’s reorganization to affect 2,500 workers appeared first on…
https://www.offshore-energy.biz/tallink-grupps-reorganization-to-affect-2500-workers/
TravelCenters of America (NASDAQ: TA) is slowly reopening dine-in restaurants at its travel plazas where allowed, but some changes forced by the COVID-19 pandemic may never be reversed.
“We have already undertaken rolling some locations on and we’re doing it in a prudent and self-disciplined way,” TA CEO Jon Pertchik said on a first-quarter earnings call on Tuesday.
That means fewer hours, about half as many menu items, and as little as 25% occupancy based on state-by-state guidelines. It also...
https://www.freightwaves.com/news/travelcenters-of-america-begins-reopening-dine-in-restaurants
TravelCenters of America (NASDAQ: TA) is cutting 130 corporate jobs as part of a sweeping reorganization announced Friday that adds new executives to oversee restaurants, gaming and convenience stores, corporate development and information technology.
The Westlake, Ohio-based operator of 260 TA, Petro Stopping Centers and TA Express-branded travel centers and truck stops in 44 states and Canada, has more than 21,000 employees.
The reorganization is unrelated to the April 17 furlough of 2,900...
https://www.freightwaves.com/news/travelcenters-of-america-cuts-130-jobs-in-sweeping-reorganization
