Orders for long-lasting factory goods in the U.S. rose for the third straight month in July. (WSJ)
Mexico’s economy shrank a record 17.1% in the second quarter. (WSJ)
Economic output in the world’s richest countries contracted in the second quarter at the fastest pace since 1960. (WSJ)
The U.S. set new sanctions against 24 Chinese companies, including China State Shipbuilding. (WSJ)
A new report says the U.S. Postal Service spent $522 million on questionable overtime costs last year and that 42% of postal workers logged unauthorized overtime. (WSJ)
U.S. securities regulators voted to give companies more flexibility in disclosing risk factors in their financial statements. (WSJ)
Dick’s Sporting Goods reported a record second-quarter profit as e-commerce sales nearly tripled. (WSJ)
Teva Pharmaceutical’s U.S. business was indicted on charges of fixing prices on cholesterol medication and other drugs. (WSJ)
Retailer Bed Bath & Beyond is cutting 2,800 jobs as it moves toward a “digital-first shopping environment.” (USA Today)
Amazon and FedEx are pressing lawmakers in 12 states to allow sidewalk delivery robots. (Wired)
Developers are planning a 3.8 million-square-foot fulfillment center east of San Antonio, Texas, for an unnamed tenant. (San Antonio Express News)
Idled container ship capacity fell to the lowest level of the year. (Splash 247)
Norwegian car carrier Wallenius Wilhelmsen raised more than $200 million in a bond offering. (ShippingWatch)
Singapore’s competition authority approved the merger of South Korea’s two big shipbuilders. (Lloyd’s List)
Rail regulators told major railroads they’re concerned about recent “excessively late or annulled” trains due to crew shortages. (Supply Chain Dive)
Freight broker C.H. Robinson says it has integrated its shipping software with 19 transportation management and enterprise planning platforms. (DC Velocity)
Core first-half profit at Hong Kong-based Kerry Logistics rose 26% to $109 million on a 10% gain in revenue. (Hong Kong Standard)
Massachusetts-based warehouse automation startup XYZ Robotics raised $17 million in a series funding round. (DealStreetAsia)
Alphabet-owned Waymo began testing autonomous heavy-duty trucks in Texas on runs between Dallas and El Paso. (Fleet Owner)
U.K. authorities at London Gatwick Airport nabbed $5.7 million worth of cocaine being smuggled into the country in a shipment of yams. (New York Post)
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