The Federal Reserve beige book found a growing impact of tariffs on U.S. companies, including rising prices and supply-chain disruptions. (WSJ)
U.S. housing starts fell 12.3% in June, far more than expected. (WSJ)
The British pound reached its lowest level against the dollar this year. (WSJ)
Auto-parts suppliers Continental AG will spin off its powertrain unit, valued by analysts at up to $8.2 billion. (WSJ)
Toys “R” Us Inc. reached a settlement that will provide vendors and other creditors with cash payments and potential for higher recoveries. (WSJ)
United Continental Holdings Inc. is trimming capacity growth this year after a second quarter that included a 15% increase in air cargo revenue. (WSJ)
Honda Motor Co. suspended production at its plant in Celaya, Mexico, after the region was hit by severe flooding. (Automotive Logistics)
Wool prices are near record highs, delivering big profits to Australian farmers. (Reuters)
Revenue growth at major Taiwanese technology companies slowed in June. (Nikkei Asian Review)
Apple Inc. is starting a fund with key suppliers to invest $300 million in solar projects. (Supply Chain Digital)
An investment arm of global port terminal operator DP World bought Indian logistics company Continental Warehousing Corp. (Gulf News)
The Philly Shipyard is close to a deal to build two petroleum product tankers for Jones Act U.S. service. (TradeWinds)
Greece’s government won’t privatize any more ports after selling control of its top two gateways. (Seatrade Maritime)
Pennsylvania-based Pilot Freight Systems Inc. acquired last-mile delivery specialist Manna Freight Systems. (Logistics Management)
U.S. truck safety regulators are overhauling their program to identify unsafe trucking companies. (Commercial Carrier Journal)
Volga-Dnepr Group and sister carrier CargoLogicAir plan to place a regional freight hub at Belgium’s Liege Airport. (The Loadstar)
Aircraft lessor Gecas ordered 35 Boeing Co. converted 737 freighters. (Air Cargo News)
Some startups are developing “micro fulfillment centers” that would be built within grocery stores. (Fast Company)
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