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U.S. imports jumped 2.9% in November while exports rose 1.2%, pushing the trade deficit to its highest level in 14 years. (WSJ)
New U.S. applications for unemployment benefits remained steady at historically high levels last week. (WSJ)
Boeing will pay $2.5 billion and admit wrongdoing to resolve a U.S. criminal investigation into whether its employees misled regulators about safety issues related to its 737 MAX jet. (WSJ)
Hyundai shares soared 24% in Seoul trading after the report that Apple has held talks with Hyundai Motor about cooperation on driverless electric vehicles. (WSJ)
E-commerce retail platform Shopify took down online stores run by the Trump Organization and the Trump campaign. (WSJ)
The U.S. suspended plans to impose tariffs of 25% on French luxury goods. (WSJ)
General Motors outsold Ford in the lucrative market for large pickup trucks last year for the first time since 2015. (WSJ)
Bed Bath & Beyond’s same-store sales rose 2% in the quarter ending Nov. 28 but total revenue fell 5%. (WSJ)
Japan’s Fujifilm Holdings will build a $2 billion biopharmaceutical facility in the U.S. (Dow Jones Newswires)
Honda Motor is slashing production in Japan because of a shortage of semiconductors. (Nikkei Asian Review)
U.K. retailers are reviewing their regional supply chains to avoid tariffs imposed by the post-Brexit trade deal with the European Union. (Financial Times)
European consumers are being hit with unexpected charges when buying goods from U.K. suppliers after Brexit. (The Guardian)
ShipMatrix says more than two million packages meant for Christmas delivery in the U.S. were delivered late. (Multichannel Merchant)
Container Trade Statistics says global box volumes rose 8% in November, including 38% growth in eastbound trans-Pacific traffic. (Lloyd’s List)
South Korea’s HMM plans to develop “comprehensive logistics” services to match bigger container shipping rivals. (The Loadstar)
Commodities trading house Trafigura is aiming to lower its carbon output by 30% by 2023. (ShippingWatch)
Greenbriar Equity Group sold a majority stake in Chicago-based freight forwarder Seko Worldwide to Ridgemont Equity Partners. (Journal of Commerce)
India’s Mahindra Logistics is launching a last-mile delivery service using electric vehicles. (Economic Times)
Amazon is shutting its Prime Pantry grocery and household goods delivery unit. (Dow Jones Newswires)
Taiwan’s China Airlines is retiring the last of its 747-400 passenger jets. (Taiwan News)
An unnamed large logistics company is considering taking over a former Sears store west of Cleveland. (Chronicle Telegram)
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