China says the U.S. and Beijing will remove some tariffs in stages if a first step in a trade deal is signed. (WSJ)
Iran warned commercial shipping routes in the Red Sea are unsafe after three of its tankers were attacked there in the past six months. (WSJ)
U.S. labor productivity fell 0.3% in the third quarter. (WSJ)
Huawei Technologies Co.'s chief executive says the Chinese telecom equipment supplier can survive without U.S. business. (WSJ)
China is building a bankruptcy system to take on a significant pickup in corporate defaults as more companies fail. (WSJ)
Qualcomm Inc.'s semiconductor shipments fell 34% in the third quarter. (WSJ)
Third-quarter revenue at industrial supplier Siemens AG rose 8% on surging orders in the Americas. (WSJ)
Struggling retail chain Pier 1 Imports Inc. hired restructuring expert Robert Riesbeck as chief executive. (WSJ)
A U.S. official says the country plans to aggressively crack down on shipping companies that help countries breach sanctions. (Reuters)
U.S. apparel imports from China fell 18% in September while shipments from Vietnam rose 16.8%. (Sourcing Journal)
China agreed to buy $100 million of pork from European supplier Danish Crown in 2020. (Nikkei Asian Review)
Some crude tanker owners are delaying retrofitting vessels with anti-pollution scrubbers to take advantage of high shipping rates. (Lloyd’s List)
Maersk Line is testing the use of batteries to help power its container ships. (Splash 247)
Amazon.com Inc. will spend $40 million to upgrade a shuttered drug plant in Massachusetts for robotics development. (Boston Globe)
BNSF Railway Co.’s third-quarter operating income rose 3% despite falling volume and revenue. (Progressive Railroading)
Third-quarter profit at Expeditors International of Washington Inc. fell 2% to $160.2 million on falling ocean and air volumes. (The Loadstar)
Smithfield Foods is closing a Newport News, Va., distribution center as it consolidates logistics operations. (WYDaily)
Bondurant, Iowa, will waive a portion of property taxes over six years for a large distribution center believed to be for Amazon. (Des Moines Register)
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