Business activity across Europe contracted in October. (WSJ)
Philips is cutting 4,000 jobs as it grapples with supply-chain challenges and a huge recall of medical devices. (WSJ)
Tesla delivered more than 83,000 vehicles from its factory in China last month, up 8% from August. (WSJ)
Supply-chain constraints are holding down production at auto maker Renault. (Bloomberg)
Canadian bus manufacturer NFI Group is cutting projected production because of constraints at its suppliers. (Dow Jones Newswires)
Australia is drawing big new investment for plants to refine electric-vehicle battery materials. (Nikkei Asia)
Saudi Arabia is rolling out incentives aimed at attracting more than $10 billion in investments in supply chains. (Reuters)
Dock workers at the U.K.’s Port of Liverpool launched a two-week strike after talks failed to resolve a pay dispute. (BBC)
Container ship backups at U.S. East and Gulf coast ports are unwinding as shipping volumes recede. (Lloyd’s List)
Container lines are canceling growing numbers of sailings from Asia to Europe. (The Loadstar)
Falling container shipping rates are reaching intra-Asia regional services. (Journal of Commerce)
Daily rates for very large crude carriers have surged 30% this year to about $80,000. (ShippingWatch)
Houston-based tank-barge operator Kirby swung to a $39 million profit in the third quarter. (TradeWinds)
Truckload carrier Knight-Swift Transportation says it is preparing for more acquisitions. (Fleet Owner)
CitySprint bought fellow U.K. express delivery specialist Astral Couriers in its second acquisition of the year. (Motor Transport)
Eyewear retailer Warby Parker plans to add hundreds of stores to its burgeoning brick-and-mortar network. (CNBC)
Paris-based logistics technology firm Shippeo raised $40 million in a funding round backing its expansion in Asia. (DC Velocity)
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