A judge in London ruled a tanker owner was behind an elaborate fraud to set fire to his own ship off the coast of Yemen to collect $77 million in insurance. (WSJ)
Prices that U.S. businesses receive for their goods and services unexpectedly fell 0.3% in September. (WSJ)
The new leaders of the International Monetary Fund and World Bank both warned of a deteriorating global economic outlook. (WSJ)
Boeing Co. booked its first 737 MAX order since April but also reported cancellations for 22 787 Dreamliners. (WSJ)
Samsung Electronics Ltd. is expanding production capacity amid signs of recovery in the semiconductor market. (Nikkei Asian Review)
Retailer Target Corp. and TRU Kids will revive the Toys “R” Us brand as an online business. (CNBC)
United Parcel Service Inc. will place pickup and dropoff points in 1,100 Michaels Cos. Inc. stores. (MarketWatch)
FedEx Corp. and Walgreens Boots Alliance Inc. will work together to allow consumer returns of online orders at Walgreens stores. (Memphis Commercial Appeal)
Amazon.com Inc. won preliminary approval to build a 1 million-square-foot distribution center in Beloit, Wis. (Business Journals)
A Scottish judge upheld a landlord’s right to evict Amazon from a warehouse it owns. (Logistics Manager)
A&R Logistics is building a 615,000-square-foot distribution center near South Carolina’s Port of Charleston. (WCSC)
Global container trade volumes rose 0.7% in August. (Lloyd’s List)
The 2M Alliance and Zim container line dropped five trans-Pacific services under weakening demand. (The Loadstar)
Japanese ocean carrier “K” Line is researching the use of artificial intelligence in shipping markets. (Seatrade Maritime)
The Association of American Railroads say the sector faces “fundamental long-term… changes” that hinder traffic growth. (Railway Age)
Rail officials say grain harvests in Western Canada are up to 30% behind schedule this year. (Western Producer)
Stevens Transport is shutting its tanker division and is eliminating 586 jobs in Texas. (Dallas Morning News)
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