U.S. employee benefits are growing faster than worker wages and salaries. (WSJ)
Jack Ma denies rumors that China’s government pushed him to step down as head of Alibaba Group Holding Ltd. (WSJ)
Recreational vehicle maker Thor Industries Inc. is buying Erwin Hymer Group SE for $2.2 billion. (WSJ)
Neiman Marcus Group Ltd.’s same-store sales rose 2.3% and the luxury retailer narrowed its quarterly loss. (WSJ)
Net sales rose 8.6% in General Mills’ latest quarter. (WSJ)
BMW AG will temporarily shut a British plant when the U.K. leaves the European Union to minimize disruption from a no-deal Brexit. (The Independent)
A.P. Moeller-Maersk A/S will fold Damco Supply Chain Services into the Maersk Line Ocean Product unit. (Reuters)
China state-owned China Cosco Shipping Holdings has quietly taken control of a container terminal at Taiwan’s Port of Kaohsiung. (Nikkei Asian Review)
Legg Mason affiliate EnTrustPermal plans to launch a shipping investment trust through a $250 million initial public offering in London. (Lloyd’s List)
Taiwanese container carrier Evergreen Line told the Taiwan Stock Exchange it isn’t about to be acquired as rumored. (Shipping Watch)
The Georgia Ports Authority board approved $92 million to back an expansion of rail connections at the Port of Savannah. (Savannah Morning News)
Bolloré Ports began a three-year, $490 million project to build a port in East Timor. (Port Technology)
Shipping data raise questions of whether digital-focused forwarder Flexport is handling freight volumes that match its high valuation. (Journal of Commerce)
On-demand delivery service Postmates raised $300 million, valuing the company at around $1.2 billion. (Fortune)
Instacart is expanding its delivery agreement with discount grocer Aldi. (TechCrunch)
The Association of American Railroads named Ian Jefferies, its government affairs chief, to replace Ed Hamberger as president and chief executive. (Progressive Railroading)
XPO Logistics Inc. is leasing an 180,000-square-foot warehouse in San Antonio, Texas. (Business Journals)
U.S. truck trailer orders rose for the second straight month. (Heavy Duty Trucking)
Federal regulators fined California Cartage Co. LLC $3.5 million for underpaying federally contracted warehouse workers. (Long Beach Post)
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