U.S. jobless claims rose to 230,000 as a tight labor market kept applications near pre-pandemic lows. (WSJ)
More than half of global CEOs expect price pressures to persist until at least mid-2023, a Conference Board survey found. (WSJ)
The Supreme Court blocked the Biden administration’s Covid-19 vaccine and testing mandate for large private employers. (WSJ)
Delta Air Lines expects to spend an extra $60 million to $70 million on Covid-related costs in the first quarter. (WSJ).
Supply constraints are expected to weigh on personal-computer shipments until at least mid-2022. (WSJ)
More than 100 companies are expanding truck driver apprenticeship programs under a Biden administration plan to improve industry recruitment. (Dow Jones Newswires)
Congestion is growing at the ports of Shanghai and Xiamen as ships change course to avoid Covid-related delays at Ningbo-Zhoushan Port. (Bloomberg)
Container dwell times are reaching record levels in Europe and the U.S. (Lloyd’s List)
The European Union blocked a merger between South Korean shipbuilder Hyundai Heavy Industries and rival Daewoo Shipbuilding & Marine Engineering. (Nikkei Asia)
Bunker sales in Singapore hit a four-year high in 2021. (Ship and Bunker)
Airlines are stepping up cargo applications to operate in the U.S. as airfreight prices rise. (The Loadstar)
Walmart is testing temperature-controlled “smart” delivery boxes in Florida. (Progressive Grocer)
Discount home furnishings chain Big Lots plans to open more than 500 new stores. (CNN)
United Parcel Service expects a 10% year-over-year increase in holiday-related returns. (Sourcing Journal)
Trailer orders fell 40% in December from the prior year on supply disruptions and labor shortages, ACT Research said. (Heavy Duty Trucking)
The seven largest freight railroads operating in the U.S. collected $1.18 billion in demurrage fees in the first three quarters of 2021. (Supply Chain Dive)
Recreational-goods retailer REI plans to open a 400,000 square-foot warehouse in Lebanon, Tenn. next year. (Outside Business Journal)
FedEx Ground is opening a 250,000-square foot distribution center in Temple, Texas. (KCEN)
Startup WorkStep raised $25 million to back its software that helps companies hire and retain supply-chain workers. (VentureBeat)
|