General Electric Co. workers voted against a four-year contract agreement the conglomerate reached with union leaders. (WSJ)
Levi Strauss & Co.’s direct-to-consumer revenues grew 9% in the most recent quarter. (WSJ)
Ace Hardware Corp. is making Berkshire Hathaway Inc.’s Benjamin Moore its main paint supplier, in a setback to Sherwin-Williams Co. (WSJ)
American Airlines Group Inc. raised its revenue expectations for the second quarter. (WSJ)
Li & Fung Chief Executive Spencer Fung says Chinese factories face “urgent and desperate” questions as retailers shift to suppliers outside the country. (Bloomberg)
Global sales of semiconductor manufacturing equipment are projected to fall 18.4% this year. (The Star)
Chinese warehouse robotics startup Geek+ raised $150 million in a new funding round. (Nikkei Asian Review)
Bumble Bee Foods says it has gotten “overwhelming positive feedback” from retailers on its blockchain initiative. (Forbes)
Grocery chain Lidl will spend $1.1 million to put solar panels on the roof of its new distribution center in Ireland. (Logistics Manager)
Beer distributor Anheuser-Busch InBev SA will pay $500,000 to settle charges its trucks violated California’s anti-pollution standards. (Fleet Owner)
A Port of New York and New Jersey master plan for expansion forecasts cargo volumes will double over the next 30 years. (Journal of Commerce)
The Port of Virginia joined a coalition working to develop liquefied natural gas as a marine fuel. (MarineLink)
Canada’s Alberta province is trying to dump a $2.8 billion commitment to run oil trains from the region’s tar sands fields. (Railway Age)
Two of the largest truck stop operators in the U.S. invested in fuel payment provider QuickQ. (Commercial Carrier Journal)
European freight group Gefco bought digital load-matching platform Chronotruck. (Lloyd’s Loading List)
|