U.S. retail sales rose a modest 0.3% in November following strong growth in October. (WSJ)
Most Federal Reserve officials signaled they were prepared to raise interest rates at least three times next year to cool inflation. (WSJ)
Inflation in the U.K. accelerated in November to its fastest annual rate in more than a decade. (WSJ)
Amtrak named longtime executive Stephen Gardner as its new chief executive. (WSJ)
Consolidation among semiconductor manufacturers is raising pressure on the sector’s suppliers. (Financial Times)
Some large Japanese apparel makers will shift production capacity back from overseas because of currency and supply chain pressures. (Nikkei Asia)
India’s government says increasing supply-chain efficiency and lowering logistics costs are central to economic expansion goals. (Mint)
Rates for the largest capesize dry-bulk ships are falling sharply as iron ore shipments from Brazil slide. (Lloyd’s List)
Container ship backups are growing at Malaysia’s Port Klang and Greece’s Port of Pireaus. (Splash 247)
Maryland is starting a program to help manufacturers in the state hurt by supply-chain disruptions. (Associated Press)
U.S. importers are finding that tight airfreight capacity is undermining efforts to expedite goods around ocean congestion. (DC Velocity)
Singapore Airlines will replace its Boeing 747 freighters with A350 all-cargo aircraft from Airbus. (The Loadstar)
Private-equity firm KKR is investing in warehouse-management software maker Koerber in a deal valuing the German company at more than $1.7 billion. (Bloomberg)
Longtime executive Dennis Morgan will succeed Joseph Cowan as CEO of trucker Cowan Systems. (Commercial Carrier Journal)
Australian brewers are being hit by shortages of wooden pallets. (BrewsNews)
|