The number of Americans applying for and receiving unemployment benefits has stabilized at historically high levels. (WSJ)
Oil prices reached their highest levels since early March, with traders expecting supply cuts to help balance the crude market. (WSJ)
Grocery chain Kroger’s sales surged 19% in the quarter ending May 23. (WSJ)
Marathon Petroleum is in discussions with potential buyers of its sprawling Speedway gas-station unit. (WSJ)
A steroid believed to be helpful in treating Covid-19 patients has a robust supply chain that should prevent shortages. (Quartz)
Electric-car sales across Asia are slowing. (Nikkei Asian Review)
Prologis in a new report says warehouse demand will grow alongside the accelerating expansion of e-commerce. (Supply Chain Dive)
A survey of industrial distributors shows relationships with suppliers worsening this year. (Industrial Distribution)
Analysts say container shipping operators are “past the worst” impact of the coronavirus pandemic on cargo volumes. (Lloyd’s List)
Norway-based car carrier Wallenius Wilhelmsen pleaded guilty to participating in cartel operations in Australia. (ShippingWatch)
The chairman of Malaysian national shipping company MISC resigned less than three weeks after taking the post. (Splash 247)
Chinese logistics robotics startup Geek+ raised $200 million in a Series C funding round. (TechCrunch)
Amazon plans to add an 850,000-square-foot distribution center to the several facilities it already operates around Houston. (KHOU)
Amazon is looking at placing a distribution center in Collier County, Fla. (WINK)
Ryder System plans to lay off 110 workers at a facility in Burlington, Ky. (Business Journals)
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