U.S. orders of durable goods jumped 1% in October. (MarketWatch)
Protests are erupting in major cities in China over President Xi Jinping’s zero-tolerance approach to Covid-19. (WSJ)
Americans returned to their prepandemic shopping habits on Black Friday as they spent more time and money in stores than last year, (WSJ)
OPEC and its allies are due to make a big call on oil production this week, as expanded sanctions are set to strike Russia’s energy industry. (WSJ)
The U.S. will allow Chevron to resume pumping oil from its Venezuelan oil fields. (WSJ)
Bed Bath & Beyond is struggling to keep its stores stocked as it gears up for the holiday season. (WSJ)
Deere projects growing demand for farm and construction equipment next year, as supply-chain constraints ease. (WSJ)
The U.S. blocked imports of sugar and sugar-based products from a Dominican Republic-based company because of its alleged use of forced labor. (WSJ)
South Korea is considering ordering striking truckers back to work as the job action starts to hit exports. (Bloomberg)
Analysts and policymakers say India is emerging as an alternative production base to China as U.S. companies diversify production. (South China Morning Post)
Japanese chip equipment supplier Ferrotec is reconfiguring its supply chain to access both the U.S. and China markets. (Financial Times)
Indian exporters say a new tax on freight charges is starting to affect outbound business. (The Loadstar)
CMA CGM’s third-quarter profit jumped to $7 billion from $5.6 billion the year before. (Reuters)
Alphaliner says container lines’ vessel-buying spree “is clearly over.” (ShippingWatch)
Xeneta says shipping lines may idle up to 1 million 20-foot equivalent units of capacity as demand turns down. (Maritime Executive)
The Baltic Exchange secondhand price index for the tanker sector soared to the highest level since January 2009. (TradeWinds)
The proportion of orders at Chinese shipyards for dual-fuel new vessels has more than doubled this year. (Lloyd’s List)
Mediterranean Shipping withdrew from the consortium seeking to buy Italy’s ITA Airways. (Reuters)
Forwarder Kuehne + Nagel added a 747 freighter to its international operations. (Journal of Commerce)
U.S. truck-trailer orders soared 171% in October from last year. (Fleet Owner)
Amtrak and freight railroads reached a settlement over the passenger railroad’s plan to restore service along the Gulf Coast. (Progressive Railroading)
A Florida startup is trying to raise money for an automated rail operation using maglev technology as an alternative to the Panama Canal. (Splash 247)
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