The Federal Reserve held its benchmark interest rate steady while indicating comfort with leaving policy on hold through next year. (WSJ)
U.S. consumer prices rose a modest 0.3% in November. (WSJ)
Porsche Automobil Holding SE is taking a minority stake in Silicon Valley self-driving sensor startup Aeva Inc. (WSJ)
China’s Huawei Technologies Inc. secured a commitment to build part of Germany’s 5G infrastructure. (WSJ)
Home Depot Inc. fell short of expectations with a forecast of 3.5% to 4% growth in same-store sales in the coming fiscal year. (WSJ)
Bankrupt drug maker Sienna Biopharmaceuticals Inc. will shut down and lay off its remaining workers after failing to find a buyer. (WSJ)
China’s shipments of denim apparel fell 22% in the first 10 months of 2019. (Sourcing Journal)
African e-commerce marketplace Jumia is closing some services as fulfillment costs grow far ahead of revenue. (Financial Times)
Ahold Delhaize USA will spend $480 million over the next three years to revamp its supply chain and take greater control of distribution for its grocery chains. (Supermarket News)
Kroger Co. and Walgreens Co. will expand their alliance by purchasing products from suppliers as a group to cut costs. (Progressive Grocer)
Apparel retailer Old Navy will use Postmates Inc. to provide same-day delivery over the holiday season. (CNBC)
The European Commission will include the maritime sector in Europe’s Emissions Trading System. (Lloyd’s List)
Dry bulk shipping companies are reducing the cargo tonnage they’ll carry to take on more low-sulfur fuel oil ahead of coming emissions restrictions. (S&P Global Platts)
Chinese companies are offering to resell liquefied natural gas cargoes in the spot market as they grapple with high inventory amid weak demand. (Reuters)
Alphaliner projects the share of global container ship capacity fitted with scrubber exhaust systems will grow sharply in the next few years. (Shipping Watch)
United Parcel Service Inc. has made a new offer to avoid a walkout by drivers at a facility serving U.K. catalog retailer Argos Ltd. (Motor Transport)
Grocery chain Wegmans will place a $175 million distribution center north of Richmond, Va. (WWBT)
Switzerland will extend its subsidies for rail freight operations until 2026. (RailFreight)
Australian grocer Woolworths is coping with a shortage of celery. (7News)
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