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The U.S. trade deficit widened in September to a record level as imports rose 0.6% while exports tumbled 3%. (WSJ)
New worker filings for unemployment benefits in the U.S. fell to a pandemic-era low of 269,000 claims. (WSJ)
Labor costs in the U.S. rose at a sharp rate in the third quarter and labor productivity fell 5%. (MarketWatch)
New federal rules will require many employers to ensure by Jan. 4 that their workers are vaccinated or tested weekly for Covid-19. (WSJ)
Toyota shrugged off the effects of a semiconductor shortage and reported higher profit in the most recent quarter. (WSJ)
Tesla and Hertz Global Holdings are negotiating over how quickly Hertz will receive deliveries from a bulk order of 100,000 Tesla electric cars. (WSJ)
Electric-truck startup Nikola will likely pay $125 million to settle a regulatory investigation into allegedly misleading statements made by its founder. (WSJ)
A former Rivian Automotive executive is suing the electric-vehicle startup over alleged gender discrimination. (WSJ)
Peloton Interactive sharply lowered its outlook and warned its annual revenue could be nearly 20% below its earlier projection. (WSJ)
Kellogg is coping with rising costs from a monthlong strike alongside the impact of supply-chain disruptions. (WSJ)
Australian regulators say the global supply-chain crunch is creating “disastrous knock-on effects” on the country’s importers and exporters. (Sydney Morning Herald)
Deutsche Post DHL sharply raised its earnings outlook after operating profit jumped 29% in the third quarter to $2.1 billion. (Reuters)
Industrial parts distributor Fastenal’s daily sales are growing at a double-digit pace. (Industrial Distribution)
Tanker operator Euronav lost $105.9 million in the third quarter as revenue fell more than 140% to $99.1 million. (ShippingWatch)
Commodities carrier Safe Bulker’s $55.4 million third-quarter earnings marked its largest quarterly profit since 2008. (Lloyd’s List)
U.S. chassis manufacturers say they may not fill most of this year’s orders for the truck frames until late 2022. (Journal of Commerce)
Global air freight demand was up 9.1% above pre-Covid levels in September. (Lloyd’s Loading List)
TuSimple is working with UPS Supply Chain Services to begin commercial runs with its autonomous trucks to some airfreight terminals. (Transport Dive)
About 38% of shoppers in a Zebra Technologies survey say they trust retailers to fulfill their orders as promised. (Material Handling & Logistics)
Portland, Ore., is considering setting up “micro hubs” to serve cargo bikes to be used in last-mile delivery. (Bike Portland)
WSJ Pro is hosting the Sustainable Business Forum on Nov. 17. The program includes a discussion on supply chain standards with Jason Blake, chief sustainability officer at PBNA PepsiCo., and Jon Chorley, chief sustainability officer and group vice president, supply chain management product strategy at Oracle. Register here.
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