U.S. consumer inflation rose less than expected in April, led by rising energy costs. (WSJ)
Two Saudi Arabian oil tankers were attacked and significantly damaged near the Strait of Hormuz. (WSJ)
Tesla Inc. is running low on cash even after a recent capital increase. (WSJ)
A new Amtrak Acela fleet is being assembled at a New York factory complex that dates from the dawn of U.S. railroad manufacturing. (WSJ)
Germany’s Thyssenkrupp AG will pursue an initial public offering of its elevator manufacturing business. (WSJ)
A natural gas tanker and tugboat pulling barges collided near Houston, spilling gasoline and closing the shipping channel over the weekend. (Houston Chronicle)
The U.S. Postal Service lost $2.1 billion in its most recent quarter while revenue fell only slightly. (CFO)
U.S. natural gas producer Cheniere Energy is looking outside China for new export markets because of escalating trade tensions. (Lloyd’s List)
Dockworkers at Canada’s Port of Vancouver voted overwhelmingly to authorize a strike. (Business Vancouver)
Dubai-based DP World is buying Canadian marine terminal Fraser Surrey Docks from Macquarie Infrastructure Partners. (Ship Technology)
Maersk Line sharply slashed its basic freight rates from Shanghai to Northern Europe. (The Loadstar)
Federal Maritime Commission Chairman Michael Khouri says continued low freight rates may spur more consolidation in container shipping. (American Shipper)
Quarterly revenue at Deutsche Post AG's DHL forwarding unit rose 4.8% as improving margins offset falling air and ocean freight volumes. (Lloyd’s Loading List)
First-quarter profit at logistics provider Agility rose 7.3% to $66.7 million on a 1.9% gain in revenue. (TradeArabia)
Canadian National Railway Ltd. acquired the intermodal assets of H&R Transport Ltd. (Progressive Railroading)
Warehouse equipment manufacturer Interroll is doubling its production capacity in Atlanta. (DC Velocity)
A global helium shortage hurting operations from scientific research to party planners. (USA Today)
Burger King plans to begin a service delivering hamburgers to people stuck in traffic. (Food Logistics)
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