U.S. consumer sentiment improved slightly at the end of October. (MarketWatch)
A deadly oil-tanker explosion off Nigeria last year highlights the risks of aging fleets used for offshore oil production. (Associated Press)
Battery maker Panasonic slashed its full-year outlook on weakening demand from Tesla. (Financial Times)
Canadian miner Almonty Industry says the war in Ukraine is triggering high demand for tungsten used in munitions manufacturing. (Nikkei Asia)
Jet engine maker Safran says supply-chain disruptions are slowing production while growing demand for fleet repairs is straining parts inventories. (Reuters)
CMA CGM announced rate increases in a Europe-to-U.S. market one executive termed “a total disaster.” (The Loadstar)
Cargo owners on Asia-Europe trade lanes are putting out tenders for 2024 shipping contracts in a weak rate environment. (Journal of Commerce)
Overall container throughput at China’s Port of Shanghai expanded 4.7% in September to the equivalent of more than 4 million boxes. (Port Technology)
Ship owner George Economou is suing Performance Shipping’s directors and insiders after they rejected a tender offer. (TradeWinds)
XPO’s third-quarter operating profit rose 10.8% to $154 million on a slight gain in revenue to $1.95 billion. (Dow Jones Newswires)
Air Canada says it remains committed to cargo despite canceling two freighter orders. (Dow Jones Newswires)
Chinese apparel giant Shein is buying the U.K. fast-fashion brand Missguided. (BBC)
Bankrupt furniture retailer Mitchell Gold and Ryder reached an agreement on undelivered orders. (Supply Chain Dive)
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