A measure of U.S. factory activity pulled back to its lowest level of the year in September and new orders fell into contraction. (WSJ)
Construction spending in the U.S. fell 0.7% in August. (MarketWatch)
London Heathrow Airport is lifting its cap on passenger numbers this month. (WSJ)
Smithfield Foods is selling its Saratoga Food Specialties seasonings and marinades business for $588 million to France’s Solina. (Dow Jones Newswires)
Rue21 hired Ducera Partners to advise the discount teen-apparel retailer on a possible restructuring. (WSJ)
Large retailers grappling with supply-chain snarls are imposing tougher standards on how goods are received. (Bloomberg)
CreditRiskMonitor says the number of retailers that have fallen into a category of heightened risk of bankruptcy has grown to 18 merchants. (Retail Dive)
Vietnamese steelmaker Hoa Phat opened a factory for air conditioners and other home appliances near Hanoi. (Nikkei Asia)
Werner Enterprises acquired fellow truckload carrier Baylor Trucking and its fleet of 200 tractors with 234 drivers. (Fleet Owner)
Maersk Line is starting a rail service between Spain and the U.K. (The Loadstar)
Niche beverage brands are starting to abandon their direct-to-consumer website fulfillment strategies. (Modern Retail)
Commodities trader Cargill is in talks for a large order of methanol-fueled bulk ships. (TradeWinds)
Commodities logistics company Delta Corp. Holdings is merging with wholesale coffee roaster and dealer Coffee Holding. (Lloyd’s List)
|