Ben Meyer

North American Class 8 truck orders slowed to 27,500 in November, the lowest since September 2017, per @FTRintel. The drop off was expected, as OEMs have essentially sold out for 2019 after a record 2018 ordering spree spurred by the tightest truck market in over a decade.

The U.S. transportation sector added another 25,400 jobs in November (per @BLS_gov). Unsurprisingly, the largest gains were seen in the Couriers and messengers, Warehousing and storage, and Trucking segments, as parcel carriers ramp up for the holiday. https://t.co/j48fRkMifc

Tariff Man strikes again? The U.S. trade deficit expanded another 1.7% to $55.5 billion in October, its highest level in a decade, on rising imports and sliding exports. YTD the deficit has ballooned 11.4% y-o-y (per @BEA_News). https://t.co/lPfqlsVwyu

Global air freight volumes rose 3.1% y-o-y in October, up from a 29-month low growth rate of 2.5% in September, while cargo capacity grew 5.4%, marking the eighth consecutive month in which capacity growth outpaced demand (per @IATA). https://t.co/CvFmqHv38v

"Man"s, ranked: 1. Florida 2. Rain 4. Anchor 3. Demolition 4. Super 5. Repo 6. Bat 7. Iron 8. Thin 9. Aqua 10. Spider 11. The Invisible 12. The Ladies 13. Ice 14. Ant 15. Harvey Birdman, attorney at law 16. Blank 17. Encino 18. Candy 19. Wicker 20. Hollow . . . 1,374. Tariff

“It doesn’t seem like anything was actually agreed to at the dinner & White House officials are contorting themselves into pretzels to reconcile Trump’s tweets (which seem if not completely fabricated then grossly exaggerated) with reality,” JPMorgan wrote in a trading note. Oh.

Heather Long @byHeatherLong

Top Chinese leaders are puzzled and irritated by the Trump team after the big dinner. “You don’t do this with the Chinese. You don’t triumphantly proclaim all their concessions in public. It’s just madness,” an official told WaPo https://t.co/kmac4TTEHw #trade #China

Nearly 100 House lawmakers are calling for an investigation into alleged "disturbing treatment" of employees @XPOLogistics warehouses, citing recent @nytimes & @latimes reports of pregnancy discrimination, sexual harassment & unsafe working conditions. https://t.co/4bQ62ozxEP

No. 3 container carrier @cmacgm will become the first ocean carrier listed on the @freightos online booking platform, starting with China-U.S. trade lanes and extending to other trades in the near future. https://t.co/osxtfrnOK8