China’s exports soared 21.1% in November, including a 46% jump in shipments to the U.S. (WSJ)
U.S. employers added 245,000 jobs in November in a sharp slowdown from the previous month. (WSJ)
U.S. exports and imports both rose for a fifth straight month in October. (WSJ)
Stockbridge Capital Group and a South Korean partner acquired a portfolio of 23 warehouses in the U.S. for about $2 billion. (WSJ)
Denmark is ending all new oil and gas exploration as part of a plan to phase out fossil fuels by 2050. (WSJ)
About 150 General Motors dealers will drop Cadillac sales rather than invest in costly upgrades required to sell electric cars. (WSJ)
Clothing and accessories chain Francesca’s filed for bankruptcy protection to ease a planned sale of assets to an investor. (WSJ)
U.S. officials have cut the amount of coronavirus vaccine they plan to ship to states in December because of constraints on supply, highlighting how early promises of a vast stockpile before the end of 2020 have fallen short. (Washington Post)
U.S. farmers are expanding winter wheat plantings for the first time in eight years. (Reuters)
Energy company Halliburton will overhaul its supply chain as it installs digital capabilities across its network. (Rigzone)
CMA CGM won’t take Asia-to-Europe bookings until the last week of December because of congested supply chains and equipment shortages. (Journal of Commerce)
Ports America will spend $166 million to upgrade the Port of Baltimore’s Seagirt container terminal. (Baltimore Sun)
Lowe's plans to build a 1.5 million-square-foot distribution center north of Houston for handling bulky items. (Business Journals)
Freight forwarders are complaining of “monstrous” new airfreight handling charges in the U.K. (The Loadstar)
U.K. delivery management company Whistl acquired fulfillment firm and warehouse operator Clientbase. (Motor Transport)
Canada’s Manitoulin Global Forwarding bought Chicago-based World Wide International Logistics. (American Shipper)
Tesla faces long delays in delivering red satin “short shorts” after selling them to customers five months ago. (Financial Times)
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