U.S. economic output expanded at a more robust 3.2% rate than earlier estimated in the third quarter. (WSJ)
The U.S. leading economic index fell a sharp 1% in November. (MarketWatch)
A heavy winter storm rolling across the U.S. threatened to delay parcel deliveries heading into the holiday weekend. (WSJ)
U.S. airlines canceled thousands of flights as a winter storm wreaked havoc on operations. (WSJ)
A Senate panel is investigating whether car makers including Tesla and General Motors are using parts made with forced labor in China’s Xinjiang region. (WSJ)
Chinese imports of semiconductor-making equipment plunged by 40% in November. (WSJ)
Europe is burning more coal than it has in years as it goes through winter without Russian energy supplies. (WSJ)
Egg prices have surged to record levels as avian influenza hits poultry flocks. (WSJ)
The year-end spending bill in Congress includes a measure targeting the sale of counterfeit goods online. (MarketWatch)
Spot rates for dry-bulk shipping’s largest Capesize vessels are surging. (Lloyd’s List)
Product tanker operators are rushing to move Russian diesel to Europe before an import ban. (TradeWinds)
China is running out of package-delivery drivers amid a wave of Covid-19 infections. (South China Morning Post)
IKEA plans to roll out solar-powered delivery bikes around the world. (Elektrek)
Union Pacific wants to launch a pilot program to replace freight train conductors with “ground-based expeditors.” (North Platte Bulletin)
Union Pacific was added to the Dow Jones Sustainability Index. (Progressive Railroading)
Virginia-based truckload carrier Cox Transportation acquired Texas-based cross-border operator Outwest Express. (Commercial Carrier Journal)
Officials in Stafford County, Va., approved a logistics development totaling 2 million square feet. (Fredericksburg Free-Lance Star)
Salesforce projects this season’s holiday returns will rise 57% over last year. (Retail Dive)
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