The U.S. economy faces a slowdown in September rather than a once hoped-for takeoff. (WSJ)
Philippine Airlines filed for bankruptcy protection in New York after reaching an agreement with creditors ahead of the chapter 11 petition. (WSJ)
Chinese authorities dropped a criminal case against an Alibaba manager accused of sexually assaulting a coworker. (WSJ)
Ford hired former Apple and Tesla executive Doug Field as the company seeks to advance work on electric, tech-heavy cars. (WSJ)
Two major shipping associations proposed a global levy on carbon emissions from ships to hasten antipollution efforts. (Reuters)
Old Dominion Freight Line’s less-than-truckload shipments and revenue are growing at a double-digit pace this quarter amid strong pricing. (Dow Jones Newswires)
U.S. seafood suppliers are fighting $350 million in penalty notifications for violating Jones Act provisions. (Maritime Executive)
The Port of New Orleans fully opened and container operations resumed following the shutdown under Hurricane Ida. (Dow Jones Newswires)
The head of Maersk-owned APM Terminals says consumer demand must slow down to end the “vicious circle” creating supply-chain congestion. (Financial Times)
South Korean shipbuilder Hyundai Heavy Industries raised the equivalent of $935 million after pricing its initial public listing at the top of its projected range. (Lloyd’s List)
Prices for new and used car carriers are soaring. (Splash 247)
Boston port officials hope new cranes and a plan to deepen the ship channel will draw big ships to the gateway. (Bloomberg)
Growth in logistics activity in the U.S. slipped to its slowest pace since May. (Supply Chain Quarterly)
Sweden-based freight forwarder Scan Global Logistics took over New Zealand’s Orbis Global Logistics in its sixth acquisition this year. (ShippingWatch)
Austrian international logistics provider Gebrüder Weiss is acquiring Bavaria-based Spedition Lode. (Lloyd’s Loading List)
Portcast raised $3.2 million in a pre-Series A funding round backing its technology using predictive analytics to track international shipments. (TechCrunch)
Industrial parts supplier Fastenal’s sales rose strongly for a second straight month in August. (Industrial Distribution)
Amazon plans to build a large distribution center in Johnston, R.I. (WJAR)
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