U.S. retail sales rose 0.7% in August in a rebound from a decline in July. (WSJ)
U.S. business inventories rose 0.5% in July; and the retail inventories-to-sales ratio rose to the highest level since February. (Dow Jones Newswires)
United States Steel plans to build a steel mill in the U.S. next year that will boost its production capacity by about 20%. (WSJ)
China has formally applied to join an 11-nation Asia-Pacific trade pact made up of American allies. (WSJ)
Soaring natural-gas prices in Britain have prompted U.S. fertilizer maker CF Industries to close two U.K. plants. (WSJ)
General Motors is extending plans to idle some of its North American factories because of the semiconductor shortage. (WSJ)
The White House will host a meeting on the semiconductor supply chain with industry leaders on Sept. 23. (Reuters)
U.K. retailer Marks & Spencer is closing 11 franchise stores in France because of problems in supplying them since Brexit. (BBC)
Bangladesh supplanted Vietnam as the No. 2 apparel exporter after China in the first seven months of the year. (Sourcing Journal)
A New Zealand firm is finding strong business using forensics to uncover counterfeit and mislabeled goods in global supply chains. (The Guardian)
A.P. Moller-Maersk is forecasting record profits after sharply raising its financial outlook for the third time this year. (Financial Times)
Leaders of U.S. Southeast ports say they expect congestion problems at the sites to persist. (Journal of Commerce)
U.S. regulators plan to issue new guidance over conflicts related to the fees carriers charge shippers for delayed goods at ports. (The Loadstar)
France’s CMA CGM is reportedly linked to a $720 million order for six container ships from South Korea’s Samsung Heavy Industries. (Lloyd’s List)
U.S. safety investigators say human error led the car carrier Golden Ray to capsize off the East Coast two years ago. (TradeWinds)
Airfreight prices out of Asia are surging heading into the peak season. (Lloyd’s Loading List)
Chinese e-commerce retailer JD.com is set to open a shopping mall in Xi’an. (Nikkei Asia)
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