15 Nov US Factory Output Declines by Most Since April Due to GM Strike 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. Read more...
15 Nov Atlas Promotes Phil Wahl to Lead Logistics Unit 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. Read more...
15 Nov US Signals China Trade Talks in Final, Hardest Steps to a Deal 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. Read more...
15 Nov German Industrial Job Losses Top 80,000 With Daimler Cuts 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. Read more...
14 Nov New Jersey Seeks $640M From Uber for Misclassifying Workers TRENTON, N.J. — New Jersey is seeking more than $640 million from Uber in taxes and penalties, saying the ride-booking company misclassified its drivers as independent contractors. Read more...
14 Nov Eaton Reports Higher Q3 Net Income, Lower Revenue Eaton Corp. reported higher net income in the third quarter amid lower revenue as its electrical segments led the gains. Read more...
14 Nov West Coast Ports Report Lackluster October Three West Coast ports saw significant drop-offs in cargo volume last month, the latest indication that the United States’ long-simmering trade dispute with China is impacting operations at the nation’s ports. Read more...
14 Nov Shell Unveils Natural Gas Engine Oil COLLEGE STATION, Texas — Shell Lubricants announced a new natural gas engine oil Nov. 14, one of the first of its kind to meet standards to operate in natural gas, diesel and gasoline engines. Read more...
14 Nov Fleets Grapple With Question: How Many Subscriptions Do We Need? Trucking executives are increasingly confronting the same proliferation of decisions that vex consumers who are shopping for online video services — to subscribe or not to subscribe? Read more...
14 Nov US House Could Vote Week of Nov. 18 on Temporary Funding Bill Amid Looming Shutdown U.S. House Speaker Nancy Pelosi indicated the chamber would vote as early as the week of Nov. 18 on legislation to temporarily fund the government. Read more...