Unfilled jobs in the U.S. exceeded the number of unemployed Americans by more than one million at the end of the summer. (WSJ)
Boeing Co. issued a safety warning about potentially suspect flight-control software on its new 737 model, in a response to the fatal Lion Air jetliner crash. (WSJ)
A federal judge ruled Qualcomm Inc. must license some of its industry-essential patents to rival chip suppliers. (WSJ)
Sears Holdings Corp. is wrapping up an expanded bankruptcy financing package that will keep it afloat past the holiday season. (WSJ)
Toyota Motor Corp. will drop some models for sale in the U.S. as it extends its cost-cutting drive. (WSJ)
General Electric Co. is selling its Current LED lighting division to private-equity firm American Industrial Partners. (WSJ)
CVS Health Corp. says it has received approval from 23 of the needed 28 U.S. states for its acquisition of Aetna Inc. (WSJ)
Ralph Lauren Corp.’s same-store sales in North America fell 1% last quarter. (WSJ)
China’s Alibaba Group Holding Ltd. says it will soon list $200 billion worth of imported goods on its e-commerce platforms. (Nikkei Asian Review)
Management consultants Accenture acquired supply chain software integration specialist Intrigo Systems. (Modern Materials Handling)
Bedding manufacturer Malouf is taking over a 1 million-square-foot former Toys “R” Us distribution center in Dallas. (Home Textiles Today)
Deutsche Post AG’s long-troubled DHL Forwarding unit posted an 82% increase in earnings before interest and taxes last quarter. (The Loadstar)
BNSF’s third-quarter operating profit rose 9% to $2.1 billion as growth in expenses outpaced revenue gains. (Progressive Railroading)
China will encourage mergers and consolidation among government-held shipping companies. (Reuters)
Container shipping’s Ocean Alliance members will work with various port terminal operators, carrier Yang Ming and software vendor CargoSmart on a blockchain technology initiative. (Lloyd’s List)
South Korea will spend $18 million to develop a logistics center at the Incheon port. (Fairplay)
Zim and Pacific International Lines have been the fastest growing container lines in Asia-to-U.S. lanes since April. (Journal of Commerce)
German ship operator MST will pay a $3.2 million fine for violating U.S. environmental rules. (Maritime Executive)
Federal labor inspectors cited a Dollar Tree Inc. distribution center in Savannah, Ga., and trucker U.S. Xpress Inc. for violations related to a fatal accident. (Albany Herald)
An Ohio appliance and furniture store held a “pre-tariff sale.” (Toledo Blade)
|