The number of Americans filing for new unemployment benefits rose for the third straight week. (WSJ)
Expansion in manufacturing activity in the Philadelphia region slowed in December and measures for new orders and shipments fell. (Dow Jones Newswires)
The White House is adding China’s largest semiconductor manufacturer to an export blacklist, restricting the company’s access to high-end technology. (WSJ)
The European Union intends to start vaccinating citizens against Covid-19 as soon as Dec. 27. (WSJ)
The U.S. labeled Switzerland and Vietnam as currency manipulators. (WSJ)
The Port Authority of New York and New Jersey approved a 15% reduction in spending for 2021 after steep revenue losses this year. (WSJ)
A federal judge upheld a $1.5 billion debt restructuring by offshore-drilling contractor Transocean. (WSJ)
Coca-Cola is cutting 2,200 jobs globally, including roughly 12% of the company’s U.S. workforce. (WSJ)
General Mills sales in North America rose 9% in the latest quarter. (WSJ)
An analysis shows warehouse wages tend to fall in areas where Amazon opens logistics centers. (Bloomberg)
The U.S. supply chain for protective medical equipment remains disorganized and open to fraud. (Financial Times)
Logistics-industry groups say workers in distribution and transport should be given priority for Covid-19 vaccines. (DC Velocity)
Experts expect Argentina’s apparel sector to contract 30% this year. (Sourcing Journal)
A vessel managed by Maersk Tankers aborted a ship-to-ship transfer with a ship carrying sanctioned Iranian refined products after an alert from an outside organization. (Lloyd’s List)
Railroads and trucking companies are warning that heavy congestion is delaying intermodal shipments across the U.S. (Supply Chain Dive)
Driver turnover at U.S. trucking companies increased substantially in the third quarter. (Logistics Management)
U.K. logistics operator Menzies Distribution is acquiring Bibby Distribution. (Logistics Manager)
The new owners of British supermarket chain Asda are looking to sell the grocery’s logistics and distribution network for $1.6 billion. (Motor Transport)
Canadian National Railway and Ray-Mont Logistics will take part in development of a resin export facility near Alabama’s Port of Mobile. (American Shipper)
Transport equipment maker Wabash National is selling its Beall tankers business to Ohio-based MAC Trailer Enterprises. (Inside Indiana Business)
Softbank-backed Indonesian logistics startup Waresix acquired “first-mile” freight specialist Trukita. (TechCrunch)
Amazon is adding a 1 million-square-foot distribution center in North Little Rock, Ark. (KARK)
French offshore vessel owner Bourbon is coming out of reorganization proceedings with plans to cut about a quarter of its fleet. (Splash 247)
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