U.S. consumer inflation slowed to a 3.2% annual rate in October. (WSJ)
Japan’s economy contracted 0.5% in the three months to September from the previous quarter. (WSJ)
United Auto Workers members at several General Motors factories rejected a proposed labor agreement, jeopardizing a tentative contract. (WSJ)
A federal report says extreme weather events fueled by climate change cost the U.S. economy nearly $150 billion a year. (WSJ)
Canadian miner Teck Resources is selling its coal assets to a group led by mining and trading giant Glencore. (WSJ)
Electric-vehicle startup Fisker slashed its production target after third-quarter revenues were nearly half of expectations. (WSJ)
Rivian Automotive named longtime Stellantis executive Carlo Materazzo as vice president of logistics. (Dow Jones Newswires)
The Dutch government shelved plans to reduce the number of flights at Amsterdam’s Schiphol airport. (Financial Times)
Amazon spent more than $8 billion last year to expand operations in Japan. (Nikkei Asia)
China’s Huawei Technologies can’t produce enough of its new 5G smartphones to meet heavy demand. (South China Morning Post)
Several container lines are seeking substantially higher rates next month on earnings-challenged Asia-Europe lanes. (The Loadstar)
Platts is launching a series of dry bulk indices, in a challenge to the Baltic Exchange. (Lloyd’s List)
Denmark’s Lauritzen Bulkers expects a bulk shipping downturn to last into next year’s second quarter. (ShippingWatch)
Average diesel prices across the U.S. have fallen 25.1 cents per gallon over the past three weeks. (Logistics Management)
J. B. Hunt is dropping Canadian Pacific Kansas City in favor of Ferromex for Mexican intermodal business. (Journal of Commerce)
Regional Rail is acquiring short lines Indiana Eastern Railroad and Ohio South Central Railroad. (Progressive Railroading)
Westjet Cargo will use Flexport’s 747 freighters to haul Canadian exports to Asia. (Air Cargo News)
Transportation technology supplier MercuryGate acquired customs clearance software provider ITS. (DC Velocity)
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