Durable-goods orders in the U.S. rose for the fifth straight month in September. (WSJ)
South Korea’s economic output swung back to growth as strong exports pushed a 1.9% expansion in the third quarter. (WSJ)
A measure of average home prices in the U.S. accelerated in August. (WSJ)
Aerospace supplier Raytheon Technologies is cutting more jobs and reducing its factory and office capacity as it adjusts to a shrinking airline industry. (WSJ)
Caterpillar’s quarterly revenue fell at a double-digit pace across its construction, mining and transportation segments. (WSJ)
The U.S. cheese industry is reeling from seven months of chaos as the coronavirus pandemic causes upheaval in prices and demand. (WSJ)
Harley-Davidson’s third-quarter profit jumped 39% despite an 8% drop in motorcycle sales. (WSJ)
3M is seeing growing sales of pandemic-related supplies, including protective N95 face masks. (WSJ)
Pfizer says the Covid-19 pandemic dragged down its third-quarter revenue by about $500 million, or 4%. (WSJ)
Maersk Line and drug company Covaxx will work together to distribute potential Covid-19 vaccines to the developing world. (Lloyd’s List)
Daimler Trucks will work with Alphabet subsidiary Waymo to build an autonomous version of the Freightliner Cascadia rig. (TechCrunch)
Truck-engine maker Cummins sees a “recovery in demand” after third-quarter earnings and revenue fell less than expected. (MarketWatch)
Freight broker C.H. Robinson’s third-quarter net profit fell 7.1% as rising truck transportation costs offset 9.6% revenue growth. (Dow Jones Newswires)
Third-quarter profit at Old Dominion Freight Line jumped 23% to $201.9 million as stronger pricing offset declining less-than-truckload shipments. (Winston-Salem Journal)
Truckload carrier Covenant Logistics swung to a $7.5 million third-quarter profit despite a 4.4% decline in revenue. (Chattanooga Times Free Press)
U.K. developers are planning a 2 million-square-foot, multistory distribution center in West Yorkshire for an unnamed logistics operator. (Logistics Manager)
Japanese airline ANA is cutting $3.8 billion in costs over the next year. (Nippon Asian Review)
U.S. railcar orders tripled from the second quarter to the third quarter but remained behind year-ago levels. (Progressive Railroading)
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