U.S. employers added 199,000 jobs in November and the unemployment rate fell to 3.7%. (WSJ)
Warehouse and storage employment has contracted by 72,200 jobs since the start of the year. (Dow Jones Newswires)
Producer prices in China fell in November at an accelerating pace. (WSJ)
A measure of U.S. consumer confidence rose sharply this month. (WSJ)
The Global Port Tracker projects U.S. container imports will grow at a double-digit annual pace in November and December. (Dow Jones Newswires)
Honeywell International is buying Carrier Global’s security business in a roughly $5 billion deal. (WSJ)
Iron ore prices are surging this year on growing Chinese steel production. (Financial Times)
India added onions to the growing list of food staples hit with export restrictions. (Bloomberg)
Asia-Europe spot container rates are inching upward as carriers apply more general price increases. (The Loadstar)
Germany is toughening oversight of foreign investment in the country’s ports. (ShippingWatch)
Australia plans to build a container terminal in Perth as the Port of Fremantle nears capacity. (TradeWinds)
Bulk operator Oldendorff Carriers is installing rotor sails on one of its coal vessels. (Maritime Executive)
Cathay Pacific ordered six Airbus A350 freighters as the airline solidified its longhaul fleet plans. (Air Cargo News)
Industrial distributor Fastenal’s November sales increased 3.8% on strong growth to heavy manufacturing customers. (Modern Distribution Management)
Several logistics operators endorsed an effort to raise the standard minimum temperature for refrigerated food transport. (DC Velocity)
|