U.S. imports by value edged up 0.6% in September in the slowest growth pace since May while exports rose 2.6%. (WSJ)
California voters approved an election initiative that exempts Uber Technologies, Lyft and other “gig” economy companies from a law reclassifying their drivers as employees. (WSJ)
China halted Ant Group’s blockbuster initial public offering in an extraordinary rebuke to controlling shareholder and Alibaba co-founder Jack Ma. (WSJ)
Expeditors International’s third-quarter net profit rose 19.4% to $191.3 million as gross airfreight revenue soared 52.8%. (Dow Jones Newswires)
Quarterly profit at trucker ABF Freight’s parent ArcBest increased 80% to $29.4 million on a slim gain in overall revenue. (Dow Jones Newswires)
Walmart and Comcast are in talks to develop and distribute smart TVs. (WSJ)
BMW’s third-quarter sales improved 9.8% on a 31% surge in vehicle sales in China. (WSJ)
Bayer says it needs another $750 million on top of a settlement worth up to $10.9 billion to resolve a legal battle over Roundup weedkillers. (WSJ)
The U.S. formally withdrew from the Paris climate agreement. (Financial Times)
China is expected to add $394 million in Australian wheat imports to a list of restricted trade goods. (South China Morning Post)
A New York judge dismissed a suit claiming Amazon violated warehouse work safety standards. (CNBC)
Daimler Trucks invested in truck automation company Luminar as part of an agreement to work together on the technology. (TechCrunch)
Ohio, Pennsylvania and Michigan will work together to research truck platooning operations on roads. (Pittsburgh Post-Gazette)
Ocean container lines are showing more interest in new ships as rising freight rates lift earnings. (Lloyd’s List)
Denmark’s Lauritzen Bulkers expects to be profitable next year for the first time since 2010. (ShippingWatch)
China Southern Airlines plans to launch a cargo subsidiary operating Boeing 777 freighters. (Air Cargo News)
A developer that often works for Amazon plans to build an 800,000-square-foot, two-story distribution center on the eastern side of Pittsburgh. (Pittsburgh Business Times)
Belgian logistics operator Weerts Group will build an 870,000-square-foot warehouse in the U.K. with backing from Blackstone. (Logistics Manager)
U.K. retailer Marks & Spencer sank to the first loss in its 94 years but said profitability and sales in its Ocado partnership have improved. (BBC)
Meal-kit delivery company HelloFresh doubled sales in the third quarter. (Barron’s)
The founders of Retail Ecommerce Ventures are bidding $4 million for the intellectual property of shuttered retailer Stein Mart. (Retail Dive)
Indonesian e-commerce logistics startup Logisly raised $6 million in a Series A funding round. (Jakarta Post)
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