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Einride Sues Maersk Over E-Truck Deal; Target Plans Store, Tech Upgrades By Mark R. Long | WSJ Logistics Report

Swedish battery-electric truck startup Einride is suing Maersk over an aborted deal to deploy hundreds of zero-emission trucks in the U.S., one more sign of the struggles logistics companies face as they try to hit sustainability targets.

The WSJ Logistics Report's Paul Berger writes that the companies in 2022 touted the rollout of the 300 Einride trucks

as Maersk's "largest heavy-duty electric truck deployment to date." Einride, in heavily redacted court papers filed in Los Angeles County Superior Court, says A.P. Moller-Maersk and its California-based affiliates reneged on the deal "after not being able to live up to their own sales targets for electric capacity."

A Maersk representative said the Danish logistics giant "had no choice but to terminate our contract with Einride in November 2024 due to their failure to deliver additional electric vehicles already ordered and also their failure to pay their vendors at the time." The representative declined further comment. The lawsuit was filed in November of 2024, but wasn't publicly reported until this week. Einride is seeking several remedies including damages and payment of owed fees.

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Retail

Target plans to invest an additional $1 billion next year, bringing total new investment to $5 billion, to improve stores, merchandise and digital capabilities as it tries to turn around a continuing sales slump. Incoming CEO Michael Fiddelke said the changes will include better technology and e-commerce systems , the Journal's Sarah Nassauer writes.

Executives said the additional spending is necessary after the retailer reported its 12th consecutive quarter of weak or falling sales. The company lowered the top end of its full-year profit forecast range. Fiddelke said consumers continue to spend cautiously on discretionary items such as home decor and apparel. That echoes signs from other retailers that some discretionary spending remains weak, but shoppers are still spending where they find value.

Target also announced a shopping partnership with OpenAI that will allow users to browse Target goods through an app within ChatGPT, with users ultimately purchasing items at Target.

Lowe's reported higher third-quarter sales as continued growth in its business supplying professional builders helped offset

weakness in the home-improvement market. (WSJ) T.J. Maxx parent TJX raised its full-year comparable sales forecast

to a 4% increase, up from a previous 3% outlook, as the discount retailer continues to win over inflation-weary shoppers. (WSJ) Williams-Sonoma reported higher third-quarter profit and sales and raised its full-year operating margin forecast , shrugging off the impact of imported furniture tariffs. (WSJ) Quotable Global Trade

The Dutch government handed back control of semiconductor manufacturer Nexperia to its Chinese owner, moving toward resolving a spat that had blocked vital chip supply to the auto industry . The Journal's Adrià Calatayud and Joshua Kirby write that the decision overturns the seizure of Nexperia from its Chinese owner, Wingtech Technology, late in September.

That move came under pressure from U.S. authorities , who had warned the Dutch government that the chip maker would be put on a trade blacklist unless its Chinese ownership was ousted. Beijing in response moved to halt exports of Nexperia chips, raising concerns in the auto industry about a potentially damaging shortage. Nexperia commands an important share of the market for basic chips used in many components of modern auto manufacturing.

Number of the Day In Other News

The U.S. trade deficit fell by 24% to $59.6 billion in August , the Commerce Department said in a delayed look at how tariffs were shaping global trade flows over the summer. (WSJ)

The Labor Department said it won't issue complete October jobs data

due to effects of the government shutdown. (WSJ) The U.K.'s annual inflation rate decreased to 3.6% in October

from 3.8% in September, the first decline since May. (WSJ) The platinum market is forecast to shift from a deficit

to a modest 20,000-ounce surplus in 2026, if global trade tensions subside. (WSJ) The EU proposed spending up to $20.44 billion

to improve the transport of weapons and troops and to support defense technology startups, as tensions with Russia remain high. (WSJ) Brookfield Asset Management is launching a new, AI-infrastructure strategy , targeting $10 billion in equity, with $5 billion already raised from investors including Nvidia, and Brookfield's own balance sheet. (WSJ) Hong Kong-based carrier OOCL is adding the Port of Halifax

to its trans-Atlantic-Mediterranean service, as Canada looks outside the U.S. for trade. (Journal of Commerce) Audi is looking at developing an SUV specifically for the U.S.

market in response to Trump's tariffs. (Bloomberg) DHL Express reached an agreement with Phillips 66 for the energy company to deliver 240,000 metric tons

of sustainable aviation fuel over three years. (Air Cargo News) A massive fire forced one of South Korea's biggest fashion warehouses to close, delaying or canceling deliveries

of some products ahead of a Black Friday event. (Sourcing Journal) The EPA plans to proceed with tighter limits on nitrogen-oxide emissions from 2027 heavy-duty trucks, but is open to adjustments, American Trucking Associations said. (Transport Topics) About Us

Mark R. Long is editor of WSJ Logistics Report. Reach him at [mark.long@wsj.com]. Follow the WSJ Logistics Report team on LinkedIn: Mark R. Long , Liz Young and Paul Berger .

This article is a text version of a Wall Street Journal newsletter published earlier today.

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November 20, 2025 07:02 ET (12:02 GMT)

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