U.S. orders for durable goods fell 0.4% in September in the first decline since the spring. (WSJ)
Net profit at General Motors dropped 40% in the third quarter as the computer-chip shortage dented factory output. (WSJ)
Boeing narrowed its third-quarter net loss to $132 million amid growing interest in 737s and cargo aircraft. (WSJ)
Boeing’s 787 Dreamliner manufacturing problems are creating challenges for suppliers who now expect production to remain low into next year. (WSJ)
Activist investor Third Point has taken a large stake in Royal Dutch Shell and is urging the oil giant to split into two companies. (WSJ)
Hertz is linking up with Uber Technologies to make 50,000 Teslas available in Uber’s ride-sharing network by 2023. (WSJ)
China projects a sharp slowdown in e-commerce growth in the country over the next five years. (South China Morning Post)
Retailer Neiman Marcus increased quarterly sales revenue 6% while reducing inventory 21% from a year ago. (Women’s Wear Daily)
Old Dominion Freight Line’s third-quarter earnings rose 42% to $246 million on a 32.2% gain in revenue. (Dow Jones Newswires)
Truck-engine maker Navistar will pay a $52 million civil penalty as part of a settlement with the U.S. over emissions violations. (Reuters)
Some trucking companies are cannibalizing parts from their vehicles for maintenance because of shortfalls in components production. (Transport Dive)
Some container lines are suspending services at the Port of Seattle because of growing congestion there. (The Loadstar)
Canadian officials say more than 100 boxes fell from the Zim container ship damaged in a storm off British Columbia. (gCaptain)
Ship owner Costamare more than quadrupled its net profit to $115.2 million in the third quarter as voyage revenue doubled from a year ago. (Lloyd’s List)
Global Container Terminals is adding a berth at its Bayonne, N.J., terminal with cranes capable of handling ultra-large container ships. (Journal of Commerce)
Norfolk Southern’s third-quarter net profit jumped 32% to $753 million as revenue per unit rose 14%. (Railway Age)
The Port of Coos Bay, Ore., bought a former Georgia Pacific mill site to turn it into a cargo-handling base. (Progressive Railroading)
Ryder System is acquiring food, beverage and consumer packaged goods logistics specialist Midwest Warehouse & Distribution System. (Commercial Carrier Journal)
Logicbroker raised $135 million in a funding round backing its dropshipping and automation tools for e-commerce. (TechCrunch)
The U.S. dairy cow herd is shrinking at the fastest pace in 12 years. (Bloomberg)
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