The International Monetary Fund cut its forecast for global economic growth on sharply declining trade growth. (WSJ)
Sales of previously owned U.S. homes declined 1.7% in June. (WSJ)
UPS applied for U.S. certification to operate commercial drone flights. (WSJ)
A U.S. delegation is expected to travel to China next week for the first in-person trade talks since last month. (WSJ)
Daimler AG is stepping up cost-cutting efforts after reporting the company’s first quarterly loss in a decade. (WSJ)
China's state-owned Beijing Automotive Group Ltd acquired a 2.48% stake in Daimler AG. (WSJ)
Harley-Davidson Inc. cut its forecast for motorcycle shipments this year as it reported declining second-quarter shipments. (WSJ)
Semiconductor makers and their suppliers are paring excess inventories faster than anticipated. (WSJ)
Kimberly-Clark Corp. raised its outlook as stronger pricing drove higher sales revenue in the second quarter. (WSJ)
Startup Freedom Robotics Inc. raised $6.6 million in a seed funding round to back its software aimed at helping companies manage fleets of robots. (WSJ)
South Korean companies are stockpiling Japanese parts as they brace for further export curbs from Tokyo. (Nikkei Asian Review)
Nissan Motor Co. plans to cut more than 10,000 jobs globally and trim production at some plants as part of a turnaround plan. (Kyodo News Service)
Nutrition-products retailer GNC Holdings Inc. plans to close up to 900 stores. (USA Today)
Shipping on Europe’s Rhine river may be halted for the second year in a row because of the ongoing impact of climate change. (Bloomberg)
DP World’s container volumes across its global port terminal network rose 1.6% in the second quarter. (Khaleej Times)
Uber Freight launched its truck brokerage business in Germany. (Reuters)
European logistics provider DFDS expects to grow significantly through acquisitions over the next four years. (Shipping Watch)
U.K. parcel carrier DX Group is on track to swing to a $3.9 million profit this year from a loss in 2018. (The Loadstar)
China’s freight transport volumes increased 5.9% in the first half of 2019. (Xinhua)
Cathay Pacific’s air cargo volume fell 9.1% in June. (Stat Times)
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