U.S. exports jumped 8.1% from September to October while imports constrained by port backlogs rose 0.9%. (WSJ)
China’s exports rose 22% in November from a year ago and shipments to the U.S. were up 5.3%. (MarketWatch)
The Turkish lira has shed nearly half of its value against the dollar this year. (WSJ)
Samsung replaced its three co-CEOs and merged its mobile and consumer electronics units in a bid to create a more cohesive product ecosystem. (WSJ)
Auto maker Stellantis is targeting about $22.6 billion in annual revenue by the end of the decade through selling software-led offerings and subscriptions related to its cars. (WSJ)
The U.S. is lending $500 million to build a solar-panel factory in India as part of a bid to weaken China’s dominance of solar-industry supply chains. (WSJ)
Constellation Brands will build a brewery in southeastern Mexico amid turmoil in its operations in the country. (WSJ)
American Airlines President Robert Isom will succeed Doug Parker as chief executive next year. (WSJ)
Online home-goods seller Wayfair is opening three stores in its biggest bet yet on physical retail. (WSJ)
China merged several transport and logistics operators into a single state-owned China Logistics Group that includes investment from big ocean and air companies. (Channel News Asia)
Global container volumes slipped 2% year-over-year in October and North American imports fell 7% from September and 1% on an annual basis. (Lloyd’s List)
Container shipping lines are canceling growing numbers of sailings through some ports to improve trans-Pacific schedules. (Journal of Commerce)
Moody’s expects the container and dry-bulk shipping markets to cool down after robust growth this year. (ShippingWatch)
The Informa group plans to sell the Intelligence division that includes maritime publication Lloyd’s List. (Financial Times)
The Baltic Exchange shows airfreight rates from Asia to the U.S. soaring to record highs. (Lloyd’s Loading List)
The pace of truck drivers leaving the industry in the U.K. has slowed down. (Reuters)
Canadian railroads face enormous backlogs as they slowly resume service through flood-hit British Columbia. (Canadian Press)
Brian Kenny will retire as CEO of railcar leasing company GATX and executive Robert Lyons will succeed him. (Business Journals)
Grocery chain Wegman’s is moving to eliminate diesel trucks in its private fleet. (Grocery Business)
Workers at Coca-Cola's distribution center in Bethlehem, Pa., went on strike. (WFMZ)
Foodservice supplier McLane named Chris Smith, a former chief supply chain officer at Walgreens and C&S Wholesale, as president of its supply chain unit. (CStoreDecisions)
Poland detained a Russian general cargo vessel after the drunken crew nearly ran the ship onto a beach. (Maritime Executive)
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