Transportation and Logistics Systems (TLSS) just unveiled an announcement.
Transportation and Logistics Systems, Inc., a holding company in the logistics sector, recently laid off top financial executives due to the cessation of operations and insolvency, unable to meet financial obligations. In response, the Board appointed Sebastian Giordano and John Mercadante to key financial roles. Notably, Giordano is serving as both CEO and CFO/Treasurer without compensation as the company navigates its fiscal challenges.
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