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The Conference Board’s index of leading economic indicators rose a sharp 1.1% in November. (MarketWatch)
The Biden administration pushed back the date for compliance with its Covid-19 vaccine mandate to Feb. 9. (WSJ)
The U.S. Environmental Protection Agency raised fuel-efficiency standards for passenger cars and light-duty trucks, part of a bid to nudge the auto industry toward electric vehicles. (WSJ)
Apparel retailer Levi Strauss is using artificial intelligence built on a growing repository of data to help manage inventory and shipping decisions. (WSJ)
Mediterranean Shipping Co. has made a $6.4 billion offer to buy the African logistics assets of French operator Bollore. (Reuters)
Multinational companies long focused on lean supply chains are shifting to “just-in-case” strategies to insulate operations from risk. (Financial Times)
The redeployment of container ships to high-demand trans-Pacific routes has left African exporters without needed capacity. (Washington Post)
The U.S. won’t appeal a World Trade Organization ruling in favor of the European Union in a complaint regarding tariffs on Spanish olives. (Bloomberg)
Toyota is cutting production in Japan by 20,000 vehicles next month. (Nikkei Asia)
Meera Joshi is leaving her position as acting administrator of the Federal Motor Carrier Safety Administration to become a deputy mayor of New York City. (Commercial Carrier Journal)
Canadian National said it expects to name a new CEO in January as TCI Fund favorite Jim Vena withdrew from consideration. (MarketWatch)
The Senate confirmed Democrat Karen Hedlund to succeed Republican Ann Begeman on the rail-regulating Surface Transportation Board. (Railway Age)
Australia’s government is forecasting recovering demand in China for iron ore and metallurgical coal in 2022. (Lloyd’s List)
Maersk Line is eliminating some trans-Atlantic port calls because of delays from rough winter weather. (The Loadstar)
Clarksons says spending for new cargo ships and second-hand capacity exceeded $147 billion this year. (TradeWinds)
The former CEO of carbine blades supplier Tigra USA was charged with embezzling $15 million from the manufacturer. (Charlotte Observer)
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