Federal Reserve Chairman Jerome Powell said supply-chain bottlenecks could extend the current period of high inflation. (WSJ)
China’s official measure of factory activity fell into contractionary territory in September for the first time since February 2020. (WSJ)
Economists have lowered forecasts for third-quarter U.S. economic growth but expect expansion to improve as Covid-19 cases ease. (WSJ)
House Democrats plan to bring a roughly $1 trillion bipartisan infrastructure bill to a vote as soon as today. (WSJ)
Amazon settled a case brought against the company by a labor union alleging it wrongly fired two workers. (WSJ)
Walmart is aiming to hire 150,000 seasonal workers ahead of the holidays. (WSJ)
Dollar Tree is raising prices for some goods beyond $1 to compensate for higher supply chain costs. (WSJ)
International shipping groups warn of a "global transport system collapse" if governments don't restore freedom of movement to transport workers. (CNN)
China’s Contemporary Amperex Technology is buying Canadian miner Millennial Lithium to shore up supplies of ingredients in electric-vehicle batteries. (Nikkei Asia)
CMA CGM is adding two Boeing 777 freighters to its growing air cargo operation. (Air Cargo News)
Average daily charter rates for the largest dry-bulk vessels reached the highest level in records dating to 2014. (Lloyd’s List)
A Canadian pension fund will buy Ports America from Oaktree Capital Management in a deal that values the terminal operator at more than $4 billion. (Reuters)
A technology provider says average spot rates for port trucking in the U.S. have increased 32% in the past year. (DC Velocity)
A judge denied a request by seafood suppliers to stop the U.S. from issuing lofty fines on fish shipments that violate the Jones Act. (TradeWinds)
Taiwanese regional container carrier TS Lines launched service between China and New Zealand. (Splash 247)
Trucker ArcBest will acquire freight brokerage MoLo Solutions in a deal worth about $235 million. (MarketWatch)
Freight marketplace Emerge raised $130 million in a Series B funding round led by 9Yards Capital. (Logistics Management)
Grocery chain Hy-Vee is adding aisle-scanning robots to help manage inventory at five of its stores. (Supply Chain Dive)
The cost for fertilizer in the U.S. is at its highest level since 2008. (Dow Jones Newswires)
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