Japan’s economy contracted 7.8% from the first quarter to the second quarter. (WSJ)
A measure of U.S. home-builder confidence rose in July to the highest level in its 35-year history. (WSJ)
Roadrunner Transportation sold its last truckload units to become a standalone less-than-truckload carrier. (Dow Jones Newswires)
NFI Industries bought the non-asset logistics business of shipping-container leasing company CAI International for an undisclosed sum. (Dow Jones Newswires)
House Democrats set a Saturday vote on a bill to postpone operational changes to the U.S. Postal Service and provide $25 billion to the agency. (WSJ)
Amazon is expanding its physical offices in six U.S. cities and adding thousands of corporate jobs in those areas, an indication that it is making long-term plans around office work. (WSJ)
Home Depot Inc. on Tuesday posted strong sales growth and a higher-than-expected profit in the latest fiscal quarter.
Payless ShoeSource Inc. twice filed for bankruptcy protection and last year closed its 2,500 North American stores. Now, the discount shoe retailer is attempting its third comeback. (WSJ)
Oil and gas driller Chaparral Energy filed for bankruptcy protection for the second time the last four years. (WSJ)
Two cities in China have found traces of the coronavirus in cargoes of imported frozen food. (Reuters)
Some crew members on the bulk ship MV Wakashio that ran aground off Mauritius were on extended work terms because of the inability to swap crews. (Lloyd’s List)
Ship transits through the Panama Canal rose by 88 in July from a four-year low the month before. (Bloomberg)
Japan’s NYK Line opened a facility in the Philippines that monitors ships for breakdowns and disrepair by analyzing data through artificial intelligence. (Nikkei Asian Review)
Torm’s $71.1 million second-quarter profit boosted the Danish product tanker operator to its best half-year earnings since 2008. (ShippingWatch)
American Airlines plans to operate about 1,000 cargo-only flights in September. (Air Cargo News)
China authorities say 1,232 freight trains moved from China to Europe in July, setting a monthly record for the fifth straight month. (South China Morning Post)
Several intermodal terminals are planned in the U.K. as the freight service gains a growing share of the country's rail operations. (RailFreight)
Ohio’s freight traffic is up sharply over last year, helping the state maintain transportation projects. (WLIO)
Logistics provider Agility’s first-half net profit fell 61% to $53 million on double-digit declines in ocean and air shipping. (Stat Times)
U.S. shippers appear to be turning to more regional parcel carriers to avoid congestion in national distribution networks. (Supply Chain Dive)
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