Apple warned shipments of its high-end iPhone models would be hindered amid Covid-19 restrictions at a major supplier in China. (WSJ)
Foxconn is revising down its fourth-quarter outlook due to the pandemic affecting its operations in Zhengzhou, China. (MarketWatch)
Chinese health officials say they will stick to their zero-tolerance Covid-prevention strategy. (WSJ)
The United Nations COP27 climate conference is beginning in Egypt. (WSJ)
Healthcare products distributor Cardinal Health plans to raise prices to cover rising labor and shipping expenses. (WSJ)
Vietnam and China want to build a “stable supply chain” between the countries. (South China Morning Post)
Japan plans to spend nearly $2.4 billion in collaboration with the U.S. to develop and help produce next-generation semiconductors. (Nikkei Asia)
Some Bed Bath & Beyond suppliers are restricting or halting shipments even after the retailer secured new financing. (Bloomberg)
A.P. Møller-Maersk says the oil industry is holding back a clean energy transition in global supply chains. (Financial Times)
Maersk Line plans to establish a large methanol production facility in Spain. (Maritime Executive)
Mediterranean Shipping Co. says it will pass along to customers the cost of complying with Europe’s new carbon trading system. (Splash 247)
Quarterly earnings at Atlas Air Worldwide Holdings fell nearly 50% to $60.1 million. (Air Cargo World)
Mondelez International named Frank Cervi chief supply chain officer, replacing Sandra MacQuillan. (Supply Chain Dive)
Industrial parts supplier Fastenal’s October sales jumped 13.6%. (Modern Distribution Management)
FedEx Freight is rolling out dimensional pricing for less-than-truckload shipments separate from the industry’s long-standing classification system. (Logistics Management)
Drivers for U.K. logistics company Wincanton are taking a strike vote after rejecting a contract offer with a 6.5% pay increase. (Motor Transport)
A worker at a FedEx sorting facility in South Yorkshire in the U.K. was stabbed to death and another man injured in an attack. (BBC)
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