President Biden called on Congress to intercede and force a labor agreement to avert a potential rail shutdown before next week. (WSJ)
U.S. benchmark oil futures touched their lowest price of 2022. (MarketWatch)
Shell is buying a major European producer of biogas fuel that can replace conventional natural gas in heavy road and marine transport. (WSJ)
Chinese agriculture and e-commerce company Pinduoduo’s third-quarter revenue jumped 65% to about $5 billion. (WSJ)
Prices for chicken breasts in the U.S. have plunged about 70% since the first week of June. (WSJ)
Sony will supply Apple with its latest image sensor for the next series of iPhones. (Nikkei Asia)
Rolls-Royce is testing hydrogen to power aircraft engines. (Financial Times)
The head of the German Shipowners’ Association says backups at European ports are easing. (Deutsche Welle)
Tanker operators are paying out record-high dividends to shareholders. (ShippingWatch)
South Korea’s Daewoo Shipbuilding canceled a third and final order for an icebreaking natural gas tanker that had been placed by Russia’s Sovcomflot. (Splash 247)
Atlas Air took delivery of the first of four Boeing 777-200 freighters it will operate for Mediterranean Shipping. (gCaptain)
India’s Allcargo Logistics bought German freight forwarder Fair Trade. (The Loadstar)
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