Transport Topics
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Daimler AG said this week it will shed 10% of management positions at its Mercedes unit, lifting the tally of job cuts announced this year across Germany’s manufacturing sector to more than 80,000.
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President Donald Trump’s administration signaled talks with China over the first phase of a broad trade agreement are entering the final stages when the most contentious and complex issues are debated, with no guarantee that another breakdown will be averted.
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Atlas Logistics Inc., a subsidiary of Atlas World Group Inc., promoted Phil Wahl to president and chief operating officer, a newly created position for the company, effective Jan. 1. Most recently, Wahl was senior vice president.
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U.S. manufacturing output slumped in October by the most in six months as an auto workers strike at General Motors Co. curtailed vehicle production and the trade war continued to weigh on other factories.
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