U.S. consumer spending rose at a slowing 0.5% pace in October. (WSJ)
The flow of goods across borders world-wide rose 12.5% in the third quarter after contracting in the second quarter. (WSJ)
Investment banks in a survey expect oil prices to remain subdued into 2021. (WSJ)
Gauges of China’s manufacturing and nonmanufacturing activity climbed to their highest levels in three and eight years, respectively, signaling a broadening recovery in the world’s second-largest economy. (WSJ)
Mexico’s economic output expanded 12.1% after a record 17% drop in the second quarter. (WSJ)
India’s economy contracted 7.5% in the third quarter from a year ago. (WSJ)
Platinum prices have rallied about 14% this month. (WSJ)
United Airlines began operating charter flights to position doses of Pfizer Covid-19 vaccine for quick distribution if the shots are approved. (WSJ)
China escalated a trade dispute with Australia by imposing antidumping tariffs on the country’s wines. (WSJ)
Amazon plans to pay front-line staffers holiday bonuses totaling $500 million. (WSJ)
General Motors plans to seek a banking charter to expand its lending business. (WSJ)
U.K.-based energy supplier Centrica is trying to sell its portfolio of liquefied natural gas supply contracts and other assets. (WSJ)
Lumber supplier Northwest Hardwoods filed for bankruptcy, citing the impact of U.S.-China trade disputes and the pandemic. (WSJ)
Amazon has added 427,300 workers in the 10 months in the past 10 months. (New York Times)
An affiliate of electronics producer Sharp is suing Corning for allegedly breaking a glass-supply agreement. (Nikkei Asian Review)
Spot container freight rates from Asia to Northern Europe rose to the highest level in a decade. (Lloyd’s List)
Congestion at Southern California’s ports is leaving some of the season’s hit toys tied up in shipping containers. (New York Post)
More than 50 bulk ships remain stranded off the coast of China with Australian coal cargoes. (ShippingWatch)
John Driscoll says he will focus on expanding inland connections as head of the state agency running Alabama’s Port of Mobile. (Press-Register)
United Parcel Service is expanding its capacity for making dry ice as it prepares for vaccine transports. (MarketWatch)
Amsterdam Schiphol Airport says it has the facilities in place for handling coronavirus vaccine shipments. (Reuters)
Volga-Dnepr Airlines suspended An-124-100 freighter operations for engine checks following an emergency landing by one of its aircraft. (Air Cargo News)
U.S. freight forwarder AIT Worldwide expanded in the U.K. with the acquisition of next-day delivery specialist Panther Logistics. (The Loadstar)
Dutch food logistics providers Simon Loos and Peter Appel Transport are merging. (Nieuwsblad Transport)
French startup Bigblue raised $6.3 million in a seed funding round backing its end-to-end e-commerce fulfillment service. (TechCrunch)
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