Consumer inflation in the eurozone reached 10.7% in October. (WSJ)
XPO Logistics projected growing freight volumes as the company prepared to carve out its freight brokerage and last-mile business today. (Dow Jones Newswires)
The United Auto Workers is seeking federal approval for an election at a new battery plant in Ohio co-owned by General Motors and LG Energy Solution. (WSJ)
Russia’s auto manufacturers are producing cars without key components and safety features because of Western sanctions. (WSJ)
A Chinese joint venture producing Jeep SUVs for Stellantis will file for bankruptcy. (WSJ)
Harley-Davidson’s LiveWire unit is having a hard time selling electric motorcycles. (WSJ)
Tesla talked with Glencore about taking a stake in the Swiss mining group to ensure a supply of materials for its electric vehicles. (WSJ)
Panasonic plans to start construction of an electric-vehicle battery plant in Kansas this month. (Japan Times)
Amazon’s business in Vietnam is growing rapidly despite sagging demand elsewhere. (Nikkei Asia)
CBRE says average vacancy rates at European warehouses fell to a record low 2.3% in the third quarter. (Logistics Manager)
Third-quarter sales at industrial parts supplier Grainger rose 16.9% to $3.9 billion. (Modern Distribution Management)
Shipping line Ocean Network Express expects its profitability to contract by 60% in the second half of its fiscal year ending in March. (Journal of Commerce)
Shipbuilder Samsung Heavy Industries lost about $142 million in the third quarter as sales fell 5.7% from last year. (ShippingWatch)
Hyundai Heavy Industries and Palantir Technologies plan to forge a digitalization joint venture by the end of the year. (TradeWinds)
Boeing estimates China’s freighter fleet will quadruple in size to more than 800 jets by 2041. (Air Cargo News)
Lufthansa Cargo’s third-quarter adjusted operating profit was up 10% over last year to about $331 million. (Air Cargo World)
Landstar System says the number of owner-operators working under its truckload business fell 2.5% from the second quarter to the third quarter. (Transport Dive)
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