The British pound is rising as investors grow optimistic about trade negotiations between the U.K. and the European Union. (WSJ)
The Trump administration is taking steps toward new tariffs against countries proposing taxes that would fall heavily on U.S. internet companies. (WSJ)
The U.S. blacklisted four tanker operators it says are supporting oil transport for the Maduro regime in Venezuela. (WSJ)
Chinese electric-car maker BYD said it had secured a second reprieve on a $1 billion deal to sell N95 masks to California. (WSJ)
Online apparel retailer Stitch Fix will lay off about 1,400 California-based workers. (WSJ)
House Democrats plan to release details of their highway bill today. (Roll Call)
Carol Tomé is taking over as chief executive of United Parcel Service amid major questions about the impact Amazon has on its business. (Bloomberg)
China is moving to make the Hainan island province a “free trade port.” (South China Morning Post)
Alibaba Group Holding is integrating freight procurement into its business-to-business e-commerce platform. (Supply Chain Dive)
Orders for container ships will fall to the lowest level in 11 years in 2020. (Lloyd’s List)
Japanese ship owners are preparing to sell a large number of dry-bulk vessels as steel production in the country plummets. (TradeWinds)
More crude tankers are lining up off China’s coast in a sign of the country’s growing demand for oil. (ShippingWatch)
Airfreight rates on major trade lanes are falling as passenger airlines add new cargo capacity. (Air Cargo News)
DSV Panalpina is overhauling a freighter operation that has been a mainstay of the freight forwarder’s service to manufacturers. (The Loadstar)
Job postings suggest retailer Lowe’s Cos. is planning a distribution center in North Jacksonville, Fla. (Jacksonville Daily Record)
Logistics provider Transplace acquired parcel transportation management software provider ScanData Systems. (Heavy Duty Trucking)
U.S. military researchers are seeking ensure a supply chain for secure microchips. (Breaking Defense)
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