U.S. housing starts rose 9.2% in August. (WSJ)
The U.S. trade gap narrowed in the second quarter on growing goods and services exports. (WSJ)
U.S. oil prices rose to a two-month high as crude inventories fell to the lowest level since 2015. (WSJ)
The Organization for Economic Cooperation and Development pulled back its projection for global economic growth, pointing to risks from trade tensions. (WSJ)
Argentina’s economy shrank 4% in the second quarter after a drought slashed agricultural production. (WSJ)
Inflation accelerated in the U.K. in August. (WSJ)
Japan’s trade deficit surged on rising oil and gas imports. (WSJ)
Amazon is expected to generate $4.6 billion in U.S. ad revenue this year. (WSJ)
North Carolina ports reopened after Hurricane Florence, but some truck operations won’t resume until Monday. (American Shipper)
Interstate freeways 95 and 40 remain closed in North Carolina in the wake of Hurricane Florence. (The News & Observer)
Toyota Motor Corp.’s Argentina operation is testing use of “roadtrain” truck consisting of two trailers attached to a tractor through a single axle. (Automotive Logistics)
China’s HNA Group wants to sell its CWT logistics unit, nine months after the $1 billion acquisition. (Reuters)
Walmart Inc. is installing four executives at newly acquired Indian e-commerce business Flipkart Group. (Economic Times)
Amazon is considering opening up to 3,000 AmazonGo cashierless stores by 2021. (Bloomberg)
Average container shipping rates today are 55% of the average recorded before the financial crisis. (Splash 247)
British freight forwarders say new surcharges for low-sulfur maritime fuel are “blatant profiteering.” (Lloyd’s List)
Volume at the Piraeus Container Terminal in Greece operated by Cosco Shipping was up 18.9% through August. (PortSEurope)
Port pilots at Belgium’s Port of Antwerp walked off the job, leaving some 30 container ships stranded. (The Loadstar)
Gulftainer will build a container terminal at Delaware’s Port of Wilmington under a 50-year pact to manage the port. (Seatrade Maritime)
A project to deepen the Corpus Christi Ship Channel may take longer and cost more than expected. (Caller Times)
The U.S. agreed to remove seaport cranes from a list of imports subject to new tariffs. (American Journal of Transportation)
China granted Nepal access to its land and seaports. (Al Jazeera)
Royal Mail PLC Chairman Peter Long is stepping down after shareholders rejected a pay package for a new chief executive. (The Independent)
Higher freight costs are squeezing profits for beer makers. (Brewbound)
Poaching in the supply chain for abalone costs South Africa $60 million annually. (South China Morning Post)
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