The threat of new coronavirus lockdown measures around the world is dragging down raw materials prices. Not cotton, though. (WSJ)
Trump administration tariffs aimed at helping the U.S. steel industry have raised costs for U.S. manufacturers without bringing promised job gains. (WSJ)
U.S. auto makers are bouncing back strongly, with Fiat Chrysler reporting record operating earnings and Ford delivering a $2.4 billion net profit. (WSJ)
Royal Dutch Shell raised its dividend and said it planned to increase payouts, reporting a small profit as it offered an upbeat assessment of its ability to weather the oil demand shock. (WSJ)
Remington Outdoor’s breakup is fueling unrest in Ilion, N.Y., where former employees are agitating to get back jobs and benefits lost as the bankrupt gun maker’s manufacturing plant shifts to new ownership. (WSJ)
General Electric generated $514 million in industrial free-cash flow despite sharply declining quarterly revenue. (WSJ)
Centuries-old insurance market Lloyd’s of London is investigating its role in trans-Atlantic slave trade in part to determine whether it should pay reparations. (WSJ)
Sony raised its full-year outlook on gains from China’s revived economy and pandemic technology trends. (WSJ)
Chinese e-commerce industrial parts supplier ZKH raised $315 million in a series E funding round. (South China Morning Post)
Amazon launched an “eco-friendly” shopping marketplace in Europe. (The Guardian)
DHL Express expects its overall peak-season volume to grow 50% over last year. (Supply Chain Dive)
China’s corn imports could more than double over the next year because domestic supplies can’t meet growing demand for animal feed. (Bloomberg)
Surging U.S. soybean exports to China are boosting the dry-bulk shipping market. (Lloyd’s List)
Australia’s Queensland government will spend $15 million to improve connections in coastal shipping. (Port Technology)
Mexican farmers lifted a two-month-long blockade of freight rail lines after the Chihuahua state government agreed to support their demands. (Mexico Daily News)
Norfolk Southern’s third-quarter revenue fell 12% on a 7% drop in freight volumes. (Chattanooga Times Free Press)
Startup Outrider closed a $65 million funding round to back its software aimed at helping automate distribution yard operations. (VentureBeat)
Freight forwarder Kuehne + Nagel has cut its global workforce by 5,000 this year. (ShippingWatch)
DSV Panalpina acquired fellow Denmark-based freight forwarder Prime Cargo. (Lloyd’s Loading List)
Amazon is building a 700,000-square-foot fulfillment center outside Omaha, Neb. (Omaha World-Herald)
MIT and Accenture are developing a “stress test” to assess resilience in corporate supply chains. (Supply Chain Management Review)
New York’s struggling Strand bookstore received 25,000 online orders in two days after pleading with customers for help. (New York Times)
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