A bankruptcy court approved the sale of truck-fleet management technology business Rand McNally. (WSJ)
Demand for cleaning products drove big quarterly sales gains at Procter & Gamble and at Lysol maker Reckitt Benckiser. (WSJ)
Pioneer Natural Resources agreed to buy Parsley Energy for $4.5 billion, the latest in a flurry of U.S. oil tie-ups. (WSJ)
Some members of Congress have been blocked from entering large U.S. Postal Service facilities to observe how mail is being processed in the final weeks of the election. (WSJ)
Foxconn founder Terry Gou says a commitment to a factory in Wisconsin hinges on whether the manufacturer gets state subsidies. (WSJ)
Grocery chain Albertsons will start installing lockers for pickup of online grocery orders. (Supermarket News)
Denim brand True Religion emerged from chapter 11 bankruptcy protection. (Sourcing Journal)
Some Mediterranean crude tanker rates have fallen to 11-year lows as European refineries have curbed imports. (Lloyd’s List)
The U.S. sanctioned several Chinese and Hong Kong companies for allegedly helping Iran’s main shipping line. (MarineLog)
India plans to build the country’s first multimodal logistics park in the northeastern state of Assam. (Hindustan Times)
Cathay Pacific Airways is cutting about 6,000 jobs and dropping its Cathay Dragon airline subsidiary. (South China Morning Post)
Airline Deutsche Lufthansa warned of a worsening outlook despite delivering better than expected results. (Financial Times)
Truck maker Paccar raised its 2020 outlook despite a 37% drop in third-quarter profit to $385.5 million and a 24.4% slide in revenue. (MarketWatch)
Volvo Trucks won a $20 million U.S. grant to provide 70 electric trucks to fleets operating in Southern California. (Heavy Duty Trucking)
Freight forwarder Kuehne + Nagel International boosted its third-quarter earnings 24.3% to $293.3 million despite a 4% drop in revenue. (The Loadstar)
Canadian Pacific Railway boosted its annual outlook despite declining third-quarter operating profit and revenue. (Trains)
Rail equipment maker Wabtec is laying off 150 workers at its Erie, Pa., plant amid declining demand. (Pittsburgh Post-Gazette)
Reverse logistics specialist Happy Returns will add stations at 2,000 FedEx Office sites. (DC Velocity)
Turkey farmers fear they’ve bred too many big birds for this year’s scaled-down pandemic Thanksgiving dinners. (Washington Post)
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