Amazon and TikTok are on a collision course in a fast-changing e-commerce market. TikTok, the viral video-sharing sensation, is trying to get its 150 million U.S. users to think of it as a shopping destination. The WSJ’s Meghan Bobrowsky, Sebastian Herrera and Georgia Wells report the upstart’s advance is pushing Amazon to try new tactics to maintain its e-commerce dominance, including social elements aimed at enticing younger shoppers and a network of influencers who hawk items on and off its website. The developing competition highlights the growing impact of social commerce, and the rising stakes in the market. Researchers at Insider Intelligence estimate social e-commerce will grow into a $100 billion market by 2025, from $67 billion this year. To succeed, each company will need to copy elements of the other’s model. TikTok is striving to build more trust with consumers, something Amazon has nurtured with its focus on logistics and customer experience.

An impasse between two of the Pacific region’s biggest trading partners is showing signs of cracking. Australia is suspending its dispute with China over antidumping duties on Australian wine, the WSJ’s Rhiannon Hoyle reports, in a new sign of improving ties between the two countries following escalating measures that have roiled regional trade flows. Beijing had imposed duties on imports of Australian wine amid rising tensions in 2020, and the dispute eventually enveloped Australian goods including coal, barley and rock lobsters. For now, China is offering to expedite a review of what it said were antidumping duties. The break came as Australia also said it won’t cancel a Chinese company’s lease on a commercial port despite concerns that the firm’s operations pose a security risk. A unit of China’s Landbridge Group has been operating the port in Darwin on a lease since 2015.

Troubles in aerospace supply chains are creating something of a run on older aircraft. The value of 10-year-old passenger planes has jumped in recent weeks, the WSJ’s Jon Sindreu writes in a Heard on the Street column, in a sign that lessors and investors are betting that previous generations of planes are more insulated from the endless manufacturing problems afflicting newer ones. Aviation-analytics firm Ishka says the price tag for the Airbus A320-200—the backbone of the world’s short-haul fleet—has risen 10% since August and that rental rates are up 6%. The popularity of aging narrow-bodies is rising because of issues affecting the newer A320neo. U.S. engine maker Pratt & Whitney has warned about problems with its GTF engines, which leave hundreds of planes set to be grounded through 2026. Other popular older models have also rebounded in value, although values of wide-body jets remain depressed.

• Cathay Pacific says its freighter operations are being hurt by disruption in spare parts supply chains. (The Loadstar)

The index of leading U.S. economic indicators sank 0.7% in September and was negative for the 18th straight month. (MarketWatch)

Energy giant Chevron is buying Hess in an all-stock deal worth $53 billion. (WSJ)

Infrastructure investor Stonepeak is close to a deal to buy shipping-container lessor Textainer for more than $2 billion. (WSJ) 

Contract electronics manufacturer Foxconn is facing tax and land-use investigations across China. (WSJ)

The United Auto Workers’ leader says talks with car companies are progressing, but he threatened to expand a walkout if they don’t move more. (WSJ)

New and established sneaker makers are challenging Nike’s supremacy in the athletic apparel market. (WSJ)

China is adding new restrictions on export of a key material for electric vehicle batteries. (Nikkei Asia)

The St. Lawrence Seaway shut down as unionized Canadian workers walked off the job. (CTV News)

U.S. farmers are harvesting a bumper corn crop that will likely push global supplies into surplus and drive down prices. (Reuters)

Digital freight broker Transfix raised $40 million in a new funding round. (Journal of Commerce)

TJX-owned off-price retailer HomeGoods is shuttering its e-commerce site in favor of opening more physical stores. (Insider)

The European Commission formed a ports alliance aimed at combating the growing flow of drugs through the continent’s gateways. (Splash 247)

Insurers for retailer Target are suing Maersk Line for $5.8 million over the loss of containers overboard. (Maritime Executive)

Brink's is suing Air Canada for the theft of a shipment and of gold and other valuables worth $14.8 billion. (Air Cargo Next)

South Carolina-based WSI is expanding into U.S.-Mexico cross-border business with the acquisition of Texas-based Sky Transportation Services. (Trucking Dive)

Paul Page is editor of WSJ Logistics Report. Reach him at paul.page@wsj.com.

Follow the WSJ Logistics Report team: @PaulPage, @bylizyoung and @pdberger. Follow the WSJ Logistics Report on X at @WSJLogistics.