At least one sailor died and two others are missing after a massive explosion on a tanker off Hong Kong. (WSJ)
The World Bank cut its forecasts for global growth in 2019 and 2020, citing factors including trade tensions and financial-market instability. (WSJ)
The number of unfilled jobs in the U.S. fell in November to the lowest level since June. (WSJ)
Eurozone unemployment fell to its lowest rate in more than a decade during November. (WSJ)
The U.S. and China extended their trade talks into Wednesday as they narrowed differences on some issues. (WSJ)
Growing trucking and aircraft use helped make the transportation sector the No. 1 source of carbon emissions in the U.S. last year. (WSJ)
London Heathrow Airport temporarily halted departing flights after a nearby drone sighting. (WSJ)
Sears Holdings Corp. will go forward with a Jan. 14 auction as the bankrupt retailer tries to stave off liquidation. (WSJ)
Walmart Inc. is expanding tests of driverless cars for online grocery orders under a pilot with autonomous technology company Udelv. (CNBC)
Global cotton prices are forecast to soften on growing production and tepid demand. (Sourcing Journal)
Real-estate firm JLL says the hot U.S. warehouse market could cool off this year. (Logistics Management)
Daimler Trucks North America is backing away from research on truck platooning to focus on vehicle automation. (Heavy Duty Trucking)
The Port of New York and New Jersey is opening an intermodal rail connection at a fourth container terminal. (Journal of Commerce)
Crude tanker earnings are sagging on lower Iranian and Canadian exports and persistent overcapacity. (Lloyd’s List)
Japan’s MOL Chemical Tankers took ownership of Danish shipowner Nordic Tankers from private equity owner Triton. (TradeWinds)
China barred the domestic use of “open loop scrubbers” that discharge wastewater while restricting sulfur emissions from marine engines. (Seatrade Maritime)
India took over management of part of Iran’s Chabahar Port. (Port Technology)
Union Pacific Corp. named longtime Canadian National Railway Ltd. executive Jim Vena as its chief operating officer. (American Shipper)
Freight forwarder Rhenus Logistics is acquiring Italian logistics company Cesped. (SHD Logistics)
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