Consumer inflation in the U.S. eased last month as underlying price increases in food and energy slowed. (WSJ)
The U.K. economy contracted 0.7% in the September quarter, signaling the country is all but certain to enter a recession. (WSJ)
Initial U.S. unemployment claims remained near historically low levels. (WSJ)
Beyond Meat reported tumbling quarterly sales and growing losses. (WSJ)
Makers of luxury clothing and other pricey consumer goods are seeing signs of slowing demand. (WSJ)
Sales of luxury cars in Japan are booming. (Japan Times)
A persistent backup of ships at Georgia’s Port of Savannah could last until the end of the year. (Dow Jones Newswires)
S&P projects global container demand will grow at an average annual rate of 3% through 2030. (ShippingWatch)
Container line Hapag-Lloyd warned of “difficult waters” ahead after net profit more than doubled to $13.8 billion in the first nine months of the year. (Reuters)
Shipping executives expect the delivery of more than 400 new ships in the next two years will drive down freight rates. (South China Morning Post)
Values of older oil tankers are soaring in part because some ship owners are buying them for Russian business. (Lloyd’s List)
Adani Ports began construction of a large container terminal at Sri Lanka’s Colombo port. (Port Technology)
Freight broker C.H. Robinson Worldwide is preparing to lay off up to 1,200 workers after reporting weaker quarterly earnings. (The Loadstar)
A federal survey showed many women truck drivers don’t report sexual harassment incidents because they don’t believe it would make a difference. (Transport Dive)
Lion Electric nearly quadrupled its truck deliveries last quarter to 156 vehicles. (Today’s Trucking)
More than half of Americans in a survey say they want to see package companies switch to electric delivery vans. (Supply Chain Quarterly)
U.S. authorities are investigating whether transport equipment supplier Pitts Enterprises evaded duties on imported chassis. (Journal of Commerce)
Transportation management software provider MercuryGate International bought supply-chain software firm ClearTrack. (DC Velocity)
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