The trend for U.S. workers receiving unemployment benefits in late May will offer insight into whether job losses are continuing to ease. (WSJ)
China’s services activity returned to strong growth in May while services in the U.S. and elsewgere improved slightly but continued to contract. (WSJ)
Australia’s economic output contracted in the first quarter in its first quarterly fall since 2011. (WSJ)
The latest ISM purchasing manager survey results are dragged down by slower supplier deliveries, signaling supply-chain disruptions. (WSJ)
The Trump administration is threatening to bar mainland Chinese airlines from flying to and from the U.S., although the dispute doesn’t extend to cargo operations. (WSJ)
The CEO of one of the country’s biggest chicken producers and three other industry executives were indicted for allegedly conspiring to fix prices. (WSJ)
Campbell Soup raised earnings expectations after demand skyrocketed for its soup and snacks during the coronavirus pandemic. (WSJ)
Cotton prices are depressed amid high supplies and low demand from apparel companies. (Sourcing Journal)
Several large consumer-goods suppliers are cutting back their product assortment to simplify their supply chains. (Supply Chain Dive)
Candy maker Ferrero opened a distribution center outside Atlanta that is its fifth in the U.S. (Confectionary News)
Dick’s Sporting Goods more than doubled online sales in the first quarter after rolling out curbside pickup. (Modern Retail)
Container ship alliances have canceled 75 sailings in the third quarter. (The Loadstar)
Alphaliner says the inactive container ship fleet reached a record high in May, with 11.6% of capacity idled. (Splash 247)
CMA CGM wants its container line operations to be climate neutral by 2050. (ShippingWatch)
Knight-Swift Transportation expects “acute tightness” and higher rates in truckload markets by the fourth quarter. (Transport Dive)
Shares in alternative-fuel truck manufacturer Nikola will trade on the Nasdaq after the company’s merger with publicly traded VectoIQ. (Fleet Owner)
Canadian National Railway moved record grain loads in May for a third straight month. (Progressive Railroading)
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