SA: Norfolk Southern CEO keeps job, activist Ancora wins three board seats
SEEKING ALPHA reports: Norfolk Southern Corp. (NYSE:NSC) CEO Alan Shaw kept his job and activist Ancora ...
SEEKING ALPHA reports:
– Salesforce (CRM) said Wednesday it is embarking on restructuring that includes laying off about 10% of its workforce.
– CRM rose 1.8% in premarket trading.
– “As our revenue accelerated through the pandemic, we hired too many people leading into this economic downturn we’re now facing, and I take responsibility for that,” co-CEO Marc Benioff wrote in a letter to employees.
– CRM will also exit real estate and reduce office space in some markets…
The full post is here.
Mounting container shortages creating 'total havoc'
Strike threat to Canada's rail network rises as negotiations stall
East-west freight rates continue rise; even transatlantic edges up
E-retailer demand surge to drive extended boom in trans-Pacific air freight market
Futures market bets on Asia-Europe rates staying high till October
US furniture distributor in $12m claim against CMA CGM over contract breaches
Cargolux on the hunt for another 747F as ecommerce eats up capacity
Panama Canal crossings resume, but some time before full normalisation
Comment on this article