U.S. regulators plan to downgrade Mexico’s aviation-safety rating. (WSJ)
U.S. shale drillers Cabot Oil & Gas and Cimarex Energy plan to merge in an all-stock deal. (WSJ)
Chinese authorities issued a “zero tolerance” warning to commodity speculators. (MarketWatch)
On-demand printing and fulfillment company Printful raised $130 million from private-equity firm Bregal Sagemount. (WSJ)
Carnegie Mellon University will spend $75 million to expand its advanced manufacturing program and to build a robotics innovation center. (WSJ)
Australian wool exporters are projecting a strong rebound in demand from the U.K. and the U.S. this year. (Sourcing Journal)
Alibaba Group Holding says the number of merchants signing up to sell wares ahead of an upcoming shopping festival has more than doubled from last year. (Nikkei Asia)
FedEx will increase three peak surcharges on Express and Ground shipments beginning June 21. (Supply Chain Dive)
A new U.K. program plans to triple the number of “ultra rapid” electric-vehicle charging sites at service stations over the next two years. (Financial Times)
An Egyptian court let stand the government’s seizure of the Ever Given container ship in the Suez Canal blockage and sent the case to a higher court. (Associated Press)
Global supply-chain snarls have accelerated the freight industry's shift toward digital technology in managing shipping flows. (Reuters)
The Port of Rotterdam suspended the tender procedure for an autonomous container transport project, citing “too many risks and uncertainties.” (Port Technology)
Booming global trade in commodities like corn is driving shipping-sector demand for smaller bulk carriers. (TradeWinds)
Bulk carrier Taylor Maritime raised $253.7 million in a public listing in London the Hong Kong-based company will use to expand its fleet. (Lloyd’s List)
South Korea’s HMM and SM Line will inject more than 82,000 20-foot equivalent units of monthly capacity on the trans-Pacific and Asia–Europe trade lanes. (Journal of Commerce)
The U.S. blacklisted 13 vessels involved in the construction of the Nord Stream 2 gas pipeline from Russia to Germany. (Splash 247)
Mapping and logistics software startup NextBillion raised $6.25 million in funding from Microsoft venture fund M12. (VentureBeat)
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