Construction of new homes in the U.S. rose in November at the fastest pace since May. (MarketWatch)
FedEx cut its full-year outlook after quarterly revenue slipped 2.6% to $22.2 billion. (WSJ)
DHL Express and Teamsters members reached a tentative agreement that ends a 12-day strike at the Cincinnati airport. (Dow Jones Newswires)
American air-traffic-control facilities are short on controllers, leading to delayed flights and adding potential safety risks. (WSJ)
Volkswagen reached a deal with workers on job cuts that will help the automaker save up to $4.37 billion next year. (WSJ)
The European Union and the U.S. will extend a truce on steel and aluminum imports for 15 months. (BBC)
Foxconn launched two experimental satellites as part of its push into the space industry. (Nikkei Asia)
AI-generated Amazon product reviews are inaccurately describing some items and exaggerating negative feedback. (Bloomberg)
Turkish industrial parts supplier Norm Fasteners is adding its first U.S. plant outside Lansing, Mich. (Modern Distribution Management)
Bulk vessel owner Harim Group was named the preferred bidder for South Korean flag carrier HMM. (Korea Herald)
Japan’s Mitsui OSK Lines ordered five LNG-fueled bulk vessels for transports between Australia and Asia. (Splash 247)
Deutsche Bahn expects to complete the sale of its freight forwarding business DB Schenker next year. (ShippingWatch)
Referral and signing bonuses for truck drivers have declined over the past year. (Trucking Dive)
BWT Logistics is buying North Carolina-based freight broker International Express Trucking. (DC Velocity)
Longtime Penske Logistics executive Jeff Jackson will replace the retiring Marc Althen as president. (Commercial Carrier Journal)
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