U.S. inflation hit a three-decade high in October, advancing 6.2% over the past year and 0.9% from September. (WSJ)
China’s producer prices surged at a record 13.5% pace in October. (WSJ)
U.S. worker initial filings for unemployment insurance fell to a pandemic low of 271,000 claims last week. (WSJ)
U.S. wholesale inventories rose a larger-than-expected 1.4% in September. (MarketWatch)
Demand for fuel as drivers return to the road is pushing ethanol prices close to an all-time high. (WSJ)
Candy maker Hershey is buying two pretzel makers for $1.2 billion. (WSJ)
General Motors, Toyota and Nissan are reversing some production cuts as the semiconductor shortage eases. (Nikkei Asia)
Some U.S. companies wrestling with supply-chain disruption are rethinking how much they should rely on imports. (Marketplace)
Labor costs for U.K. retailers are falling and output is growing as merchants move more business online. (Financial Times)
Nineteen nations agreed at the COP26 climate talks to launch at least six “green-shipping corridors.” (Lloyd’s List)
South Korean container line HMM more than doubled its third-quarter revenue to about $3.4 billion. (ShippingWatch)
Mediterranean Shipping Co. is weighing an order of 18 container ships worth $1.5 billion. (TradeWinds)
Container carrier Wan Hai Lines is pulling ships from congested trans-Pacific services into intra-Asia operations. (The Loadstar)
Australian dockworkers halted job actions at four Patrick Terminals container sites. (Australia Financial Review)
The U.S. Postal Service lost nearly $5 billion in the year ended Sept. 30, as revenue rose 5.3% and package volume increased 3.5%. (Reuters)
Logistics revenue and operating profit at SingPost skyrocketed in the first half of the year because of congested global supply chains. (Singapore Business)
Self-driving truck startup Kodiak Robotics raised $125 million in an oversubscribed Series B funding round. (TechCrunch)
Maersk Drilling is merging with Noble, and the combined business will take the Noble name. (Energy Voice)
Walmart plans to build two large, heavily automated distribution centers in the Dallas-Fort Worth area over the next three years. (Dallas Morning News)
Amazon is building a 630,000-square-foot fulfillment center in Stafford County, Va. (WTOP)
The Giant supermarket chain opened a robot-heavy e-commerce fulfillment center in Philadelphia. (Supermarket News)
Florida-based DMT Trucking acquired Broken Bow, Okla.-based flatbed operator Daryl Thomason Trucking. (Commercial Carrier Journal)
Gartner named Cleveland Clinic as the top operating U.S. healthcare supply chain. (DC Velocity)
Cannabis shippers are using increasingly sophisticated tailored packaging for their products. (Modern Materials Handling)
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