Oil prices are approaching a 3½-year high. (WSJ)
More U.S. companies are warning that steady increases in labor costs may cut into their second-quarter earnings. (WSJ)
Tesla Inc. sharply raised the prices of its sedans in China after Beijing imposed tariffs on cars imported from the U.S. (WSJ)
Nissan Motor Co. says staff at some of its Japan plants falsified auto-emissions and fuel-economy data. (WSJ)
Starbucks Coffee Co. plans to phase out single-use plastic straws by 2020 to reduce its global waste footprint. (WSJ)
Germany’s Hapag-Lloyd AG denied a report that CMA CGM SA approached the shipping line about a possible merger. (Reuters)
CMA CGM's chief executive criticized Cosco China Shipping for maintaining Iran service as other shipping lines withdraw. (Seatrade Maritime)
U.S. importers plan to bring in record container volume this peak season. (Journal of Commerce)
Cheap imported solar panels from South Korea and China have forced some Japanese manufacturers to halt production. (Nikkei Asian Review)
E-commerce giant JD.com and private equity firm L Catterton Asia are investing $175 million in Chinese online luxury fashion retailer Secoo Holding. (South China Morning Post)
Amazon.com Inc. expanded its business-to-business marketplace to France. (Les Echos)
United Parcel Service Inc. took over a new 1 million-square-foot distribution center in Eastern Pennsylvania. (Allentown Morning Call)
U.S. intermodal rail traffic was up 6% year-over-year in the first six months of this year. (Logistics Management)
President Donald Trump nominated Martin Oberman, former chairman of Chicago’s Metra commuter rail line, to the rail-regulating Surface Transportation Board. (Progressive Railroading)
Packaging systems provider KHS USA Inc. acquired manufacturer Scandia Packaging Machinery Co. (DC Velocity)
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