Sales of newly-built homes in the U.S. surged in September to the highest level since February 2022. (MarketWatch)
The United Auto Workers union is close to securing a tentative labor contract with Ford amid a strike now in its sixth week at Detroit automakers. (WSJ)
Hurricane Otis rammed into Mexico’s Pacific port and popular beach resort of Acapulco as a Category 5 storm. (WSJ)
An in-flight incident involving an off-duty Alaska Airlines pilot revives a debate over how to assess and treat airline pilots’ mental health. (WSJ)
Toyota Chairman Akio Toyoda says “people are finally seeing reality” about the challenges for electric vehicles. (WSJ)
The U.S. Senate confirmed Mike Whitaker to head the Federal Aviation Administration. (WSJ)
More than two-thirds of Amazon U.S. warehouse workers in a survey reported they took unpaid time off to recover from job-related pain or exhaustion. (Bloomberg)
Australia is doubling its financing to develop its critical-minerals supply chain to about $1.26 billion. (Nikkei Asia)
Third-quarter profit at Old Dominion Freight Line fell 10.1% to $339.3 million on a 5.5% drop in overall revenue. (Winston-Salem Journal)
Norfolk Southern’s operating revenue fell 11% to $3 billion in the third quarter. (Dow Jones Newswires)
Rail equipment supplier Wabtec raised its full-year outlook after third-quarter sales jumped 22.5%. (Railway Age)
Kuehne + Nagel’s third-quarter earnings fell by more than half to about $358 million as the freight forwarder's revenue tumbled 46%. (The Loadstar)
Performance Shipping rejected a tender offer from Greek shipping magnate George Economou. (TradeWinds)
Less than half of warehouse and logistics executives in a survey say automation is necessary over the next five years. (Modern Materials Handling)
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