The Group of Seven leading global economies agreed to back new rules for taxing businesses that operate internationally. (WSJ)
U.S. employers added 559,000 jobs in May, with hiring in leisure and hospitality far outpacing goods-producing jobs gains. (WSJ)
Trucking payrolls fell by 1,900 jobs last month but are up by about 50,600 from a year ago. (Dow Jones Newswires)
Distribution of fake Covid vaccines appears to be growing in Africa. (WSJ)
The U.K. construction sector is expanding at a “phenomenal” pace but faces supply shortages that could constrain growth. (Financial Times)
Japanese construction companies are struggling to find lumber as a shortage spreads around the world. (Japan Times)
South Korean e-commerce company Coupang is starting trial operations in Japan. (Nikkei Asia)
Regional governments are concerned that the container ship that burned and sank off Sri Lanka was carrying hazardous chemicals (Economic Times)
CMA CGM’s first-quarter net profit jumped to $2.1 billion from $48 million a year ago on a 10.7% gain in container shipping volumes. (Reuters)
Growing number of Greek-owned tankers are being tracked carrying sanctioned crude cargoes from Venezuela. (Lloyd’s List)
Mediterranean Shipping Co. CEO Soren Toft supports a global carbon tax for shipping and a worldwide fund for decarbonization research. (Ship & Bunker)
China’s Cosco Shipping Ports is in talks to acquire a stake in the Tollerort container terminal at Germany’s Port of Hamburg. (Journal of Commerce)
Qatar Airways’ potential purchase of about 30 all-cargo jets may spur a launch of a Boeing 777 freighter. (Air Cargo News)
More than half of businesses in a survey are concerned about delays in supplier deliveries and nearly a third are worried about increased risks at their suppliers. (Modern Materials Handling)
Dollar Tree projects rising logistics costs from delays in ocean imports and troubled outbound truck movements. (Supply Chain Dive)
German truck-trailer maker Schmitz Cargobull is opening a factory in Manchester to supply the U.K. and Ireland. (Motor Transport)
Auto maker Renault and fuel-cell business Plug Power plan to launch three hydrogen-powered cargo vans in Europe this year. (Bloomberg)
Supply-chain optimization startup Locus raised $50 million in a Series C funding round supporting its business focused on artificial intelligence. (VC Circle)
Industrial parts distributor Winsupply made its eighth acquisition since the start of 2020. (Industrial Distribution)
Chicago-based freight broker Redwood Logistics bought Skipjack Supply Chain and Proactive Global Logistics to expand e-commerce capability. (DC Velocity)
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