Maersk Line lifted its full-year guidance on a faster-than-expected rebound in shipping volumes and freight rates, but cautioned it will take a $100 million restructuring charge on the costs of cutting 2,000 jobs. (WSJ)
China’s central bank signaled it wants to slow any further rally in the country’s yuan currency. (WSJ)
Natural-gas prices are nearing their highest level in nearly two years amid potential supply disruptions. (WSJ)
Personal-computer shipments in the U.S. rose 11.4% in the third quarter, the strongest growth in a decade. (WSJ)
The OECD is developing global rules for taxing multinational companies in hopes of averting varying digital sales taxes and tariffs. (WSJ)
China Merchants Port Holdings issued $600 million in bonds in Hong Kong to back expansion overseas. (Dow Jones Newswires)
Wisconsin denied Foxconn a first round of state subsidies because its planned technology complex hasn’t produced the promised number of jobs. (WSJ)
Bayer and BASF are pushing to keep a weedkiller on the market after a federal court in June blocked its use in U.S. soybean and cotton fields. (WSJ)
China and India plan big infrastructure investments to boost their coronavirus-hit economies. (Nikkei Asian Review)
Amazon struck an agreement allowing it to invest in wholesale food supplier SpartanNash. (Grocery Business)
Volkswagen and Audi have started exporting cars through Mexico’s Port of Lazaro Cardenas. (Automotive Logistics)
Thailand startup Flash Express raised $200 million in a Series D funding round backing its pickup and delivery parcel service. (TechCrunch)
Shares in Polish e-commerce platform Allegro soared in its debut on the Warsaw stock exchange. (Financial Times)
Electric delivery van maker Workhorse raised $200 million through the sale of four-year convertible notes. (The Street)
CMA CGM restored its communications systems two weeks after the container line suffered a ransomware attack. (Lloyd's List)
An arm of electronics supplier Toshiba is developing a hydrogen fuel cell for the maritime sector. (Splash 247)
Swedish truck maker Scania is testing a truck powered by a solar cell-clad trailer. (Fleet Owner)
Daimler Trucks and Torc Robotics will test autonomous trucks in the U.S. in early 2021. (Transport Dive)
Schneider National CEO Mark Rourke expects truckload rates to continue rising into next year. (Logistics Management)
DSV’s third-quarter preliminary operating earnings rose 51% to $428.5 million and the Denmark-based freight forwarder raised its 2020 guidance. (ShippingWatch)
DSV plans to build a 1 million-square-foot distribution center near Dallas. (Dallas Morning News)
BNSF Railway will launch the first intermodal service in North Dakota this week. (Associated Press)
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