A measure of U.S. service-sector activity climbed in November in the biggest increase in records going back to 1997. (MarketWatch)
The leaders of the world’s largest oil companies say demand for their products will remain robust for years to come. (WSJ)
U.S. natural gas futures prices are 40% off their October peak. (WSJ)
Alibaba is reorganizing its e-commerce teams and named a new finance chief in the face of increasing competition and slowing growth. (WSJ)
China is restricting data on vessel movements as part of Beijing’s broad crackdown on the availability of information across its economy. (WSJ)
Steelmaker Nucor plans to build a small mill to supply steel reinforcing bar to the south Atlantic region. (Dow Jones Newswires)
Trucker Knight-Swift Transportation is buying less-than-truckload carrier Midwest Motor Express for $150 million. (Dow Jones Newswires)
Lucid Group is facing a inquiries from securities regulators over the deal that took the electric-vehicle company public this summer. (WSJ)
A British court ruling undermines a key part of Uber Technologies’ ride-hailing business model in London. (Financial Times)
Food-service distributor Sysco is acquiring fresh produce distributor The Coastal Companies from Continental Grain. (Modern Distribution Management)
Grocery supplier SpartanNash aims to cut its truck mileage by about 10% next year. (Grocery Business)
The Interstate 45 highway between Houston and Dallas has emerged as a key proving ground for autonomous trucking. (Houston Chronicle)
The Georgia Ports Authority plans to expand the Port of Savannah’s capacity by the equivalent of 1.6 million containers by next June. (gCaptain)
China’s container terminals are expected to sharply raise their handling prices next year. (Lloyd’s List)
FedEx plans to start selling capacity on the empty 53-foot containers it imports from China as a congestion-bypass service. (Supply Chain Dive)
Australia is starting an inquiry into the country’s overstretched supply chains. (The Loadstar)
Shipping companies have ordered 238 vessels powered by liquefied natural gas this year. (ShippingWatch)
Industrial parts supplier Fastenal’s November sales jumped 18.9% over last year. (Industrial Distribution)
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