Crude prices hit their highest level in more than 2½ years. (WSJ)
More U.S. workers are quitting their jobs than at any time in at least two decades. (WSJ)
Lordstown Motors’ chief executive and top financial leader resigned amid disclosures of inaccurate reports from the electric pickup truck startup. (WSJ)
The U.S. is offering financial incentives and other enticements to countries willing to shun telecom gear from China’s Huawei Technologies. (WSJ)
The average age of vehicles on U.S. roadways rose to a record 12.1 years last year. (WSJ)
Jet-engine makers General Electric and Safran are jointly exploring next-generation engines that would sharply reduce fuel consumption and emissions. (Financial Times)
U.S. liquefied natural gas exports exceeded those from Australia in May for the first time ever. (TradeWinds)
FedEx Freight is reducing service to about 1,400 customers because of congestion in its less-than-truckload network. (FreightWaves)
A sharply divided International Maritime Organization panel agreed that ships must reduce their carbon “intensity” by 2% annually through 2026. (Lloyd’s List)
Japanese vessel operator Nippon Yusen is ordering 12 vehicle carriers with LNG-fuel capability. (Nikkei Asia)
Sri Lanka is making an initial claim of $40 million in damage from the owners of the burned and sunken X-Press Pearl container ship. (Maritime Executive)
Brazil’s government approved plans to build a $355 million container port in the southeastern part of the country. (Port Technology)
Spanish police arrested 29 people in dismantling a cocaine trafficking ring at the Port of Algeciras. (Lloyd’s Loading List)
Air Canada will focus initially on Latin America flights as it rolls out freighter operations. (The Loadstar)
U.K. logistics operator Kammac more than tripled pre-tax profit last year on a 70% revenue gain boosted by pharmaceutical business. (Motor Transport)
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