STG Logistics hands Jack Holmes the CEO job after cutting debt by nearly $1B
With roughly 90% of funded debt erased in this year's restructuring, the port-to-door intermodal operator reset its C-suite and board around growth.
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After returns of about 100% (2024) and 20% (2025), Zaheer Ebtikar returned investors' capital and joined stablecoin startup Plasma as chief strategy officer.
Lire le casSpirit AeroSystems folded 500,000 sq ft of warehouse into a 150,000 sq ft seven-story hub
Boeing's biggest supplier consolidated 500,000 sq ft of warehouse space into a 150,000 sq ft digital logistics hub that handles about 51,000 parts.
Lire le casSpartanNash's supply chain overhaul lifted throughput 9%, savings target to $25-35M
SpartanNash's 2021 supply chain transformation lifted warehouse throughput 7-9% YoY and let the company raise its savings guidance from $15-30M to $25-35M.
Lire le casSouth32 sold its aluminium chain to Alcoa for up to US$5.6B to refocus on base metals
South32 signed a binding agreement to sell its aluminium value chain to Alcoa for up to US$5.6B, tilting the miner toward copper, zinc and precious metals.
Lire le casSanford Health folded Good Samaritan's senior care into a $5B, 44-hospital system
Completed New Year's Day 2019: Good Samaritan's senior-living network joined Sanford, creating a ~50,000-employee nonprofit with $5B+ revenue in 26 states.
Lire le casPwC fused its India and US consulting arms into a $1.5B venture run from India (interview)
In an ET interview, PwC's US CEO Paul Griggs explains folding India operations into a single 40,000-person consulting venture, majority-run from India.
Lire le casPurple Innovation lifted gross margin 30.1% to 40.7% via suppliers, trucks and planning
Purple diversified sole-supplier contracts, filled trucks on scheduled routes and swapped spreadsheets for MRP — Q2 2024 gross margin hit 40.7% vs 30.1%.
Lire le casProvidence exits most of its insurance business for 2027 to refocus on care
The 51-hospital nonprofit's plans covered 440,000 people but lost $100M+ in 2025; from 2027 Providence keeps only Medicare Advantage, via a national partner.
Lire le casPremier Inc ended a decade on Nasdaq in a $2.6B Patient Square take-private
Falling revenue and a sliding stock pushed the healthcare GPO into a 2023 strategic review; asset sales and a $28.25-a-share deal took it private.
Lire le casPetco's loss shrank from $1.2 billion to $16.7 million as Anderson's turnaround took hold
New CEO Joel Anderson refocused Petco on fast-turning SKUs, staffing standards and efficiency — Q3 net loss narrowed from $1.2 billion to $16.7 million.
Lire le casNorthShore-Edward-Elmhurst became Endeavor Health two years after merging
Two years after merging into Illinois' third-largest health system, NorthShore and Edward-Elmhurst dropped both legacy names for Endeavor Health.
Lire le casNorthern Ireland made stroke thrombectomy a 24/7 service — a UK first
A £5m Stormont investment turned Northern Ireland's 08:00–17:00 regional thrombectomy service into a 24/7 pathway across eight hospitals — the first in the UK.
Lire le casNational Insurance cut losses from Rs 3,865 crore to Rs 187 crore and targets FY25 profit
Loss-making Indian state insurer National Insurance pruned and re-priced motor and bulk health books, pivoted to retail, chasing its first profit in a decade.
Lire le casMedway NHS wristbands cut bed turnaround to 2h20m, freeing 1,500 hours a month
A Kent hospital tags each patient with an electronic wristband so beds flag themselves for cleaning on discharge — turnaround halved, staff hours returned.
Lire le casMcKesson shed its IT arm into a $3.4B JV to bet on drug distribution
McKesson folded its $2.9B Technology Solutions unit into a JV with Change Healthcare, keeping 70% and $1.25B in cash, to focus on its $188B distribution core
Lire le casMaersk's US logistics pivot: $3B hubs, 90% reliability, 10M parcels (interview)
Maersk bought Vandegrift, Performance Team and LF Logistics to grow from ocean carrier into a North American ground freight and fulfillment player. (interview)
Lire le casJ&J Snack Foods cut its haul 40% by building three regional distribution centers
Three new distribution centers shipped 81% of sales orders a year in, cut average haul 40% and lifted on-time performance from 74% to 87%.
Lire le casJefferson outlasted the FTC to absorb Einstein, growing from 14 to 18 hospitals
After a judge refused to halt the deal and the FTC voted 4-0 to drop its appeal, Jefferson Health absorbed Einstein, expanding from 14 to 18 hospitals.
Lire le casJamie's Italian cut sugary drink sales 9.3% with a 10p levy and a redesigned menu
A 10p levy on sugary drinks plus new lower-sugar options cut per-customer sugary drink sales 11% in 12 weeks across Jamie's Italian's 37 restaurants.
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