The U.S. private sector added 271,000 jobs last month. (WSJ)
The number of Americans filing new applications for unemployment benefits rose by 10,000 last week. (WSJ)
A measure of factory activity in China’s manufacturing sector hit its lowest level in three years. (WSJ)
China says it is restarting trade talks with the U.S. (WSJ)
Shares of Apple suppliers in Asia sank to multiyear lows. (WSJ)
Copper prices are sliding on worries over economic growth in China. (WSJ)
Retailer FullBeauty Brands Inc. is filing for bankruptcy. (WSJ)
Edward Lampert’s ESL Investments Inc. has offered $1.8 billion for Sears Holdings Corp.’s real estate. (WSJ)
Bristol-Myers Squibb Co. is acquiring cancer-drug maker Celgene Corp. for about $74 billion. (WSJ)
General Motors Co. and DoorDash Inc. are partnering on a food delivery service using autonomous vehicles. (WSJ)
A.P. Moeller-Maersk A/S container maker Maersk Container Industry will shut down a China factory as it focuses on refrigerated equipment. (Shipping Watch)
Russia granted control over the Arctic Northern Shipping Route to state-run nuclear group Rosatom. (Splash 247)
A shortage of railcars led to a decline in shipments last month at state-owned Coal India. (Nikkei Asian Review).
Norfolk Southern Corp. is adding automated equipment at its terminals in Chicago and Memphis. (Container News)
The U.S. Coast Guard doubled the number of workers that maritime companies will have to submit to random drug tests. (Lloyd’s List)
Ocean container shipping rates from China to the U.S. West Coast have fallen for seven straight weeks. (Lloyd’s Loading List)
Patrick Fuchs and Martin Oberman were confirmed to the U.S. Surface Transportation Board. (Progressive Railroading)
The American Trucking Associations says the driver turnover rate tumbled 11 percentage points in the third quarter. (Logistics Management)
The Teamsters appealed a federal ruling that U.S. law preempts California’s meal-and-break rules for truckers. (Commercial Carrier Journal)
California officials warned warehouse operators against contracting with trucking firms that have violated state wage laws. (The Press-Enterprise)
Extreme weather in the Arctic brought about by climate change has made shipping conditions more dangerous. (Financial Post)
|