The U.S. transportation sector’s unemployment rate dipped to 5.1% in October, down 3.8 percentage points from October last year. (Dow Jones Newswires)
The U.S. infrastructure bill will put funding behind efforts to build a national network of electric-vehicle charging stations. (WSJ)
Self-driving truck technology company Plus special-purpose acquisition company Hennessy Capital Investment terminated their merger deal. (MarketWatch)
Airlines are rapidly hiring more pilots as they try to restock a pandemic-reduced workforce now strained by a quick rebound in travel. (WSJ)
BHP Group will sell its controlling interest in two metallurgical coal mines to Stanmore Resources for up to $1.35 billion. (WSJ)
Japan’s economic output fell 2.1% in September. (Nikkei Asia)
U.S. apparel imports from China rose 25.2% in September while inbound shipments from Vietnam fell 4.6%. (Sourcing Journal)
Big retailers including Walmart and Amazon are squeezing out independent merchants that have fewer resources for managing supply-chain disruptions. (Washington Post)
As many as 200 old tankers are hauling U.S.-sanctioned oil cargoes involving Iran and Venezuela. (Lloyd’s List)
Evergreen Marine ordered two ships with capacity for the equivalent of 24,000 containers, bringing its order book to 78 vessels. (The Loadstar)
Apparel retailer Columbia Sportswear says transit times for its U.S. imports have doubled to six weeks. (Supply Chain Dive)
The Port Authority of New York and New Jersey plans to cut greenhouse-gas emissions at its facilities in half by 2030. (Journal of Commerce)
BNSF Railway’s third-quarter operating profit rose 12% to $2.6 billion on a 12% gain in revenue. (Trains)
Several airlines are increasing their use of fuel-hedging in a sign they expect continued high oil prices. (Air Cargo World)
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