Authorities in Mauritius are trying to contain environmental damage from a grounded and damaged bulk ship that is leaking fuel. (WSJ)
Trucker Covenant Logistics will reduce its fleet and "significantly lower” fixed costs in the second half of the year. (WSJ)
China’s car sales rose in July at the fastest pace in more than two years. (WSJ)
A U.S. agency is suspending plans for a $765 million loan to Eastman Kodak to develop drug making capabilities as the manufacturer is investigated for possible securities violations. (WSJ)
Second-quarter revenue at online used-car sales company Carvana rose 13% to $1.12 billion. (WSJ)
Beauty brands are looking to digital channels to replace revenue lost as department stores have closed. (WSJ)
Retailers are continuing to seek chargebacks and other compensation from vendors, particularly apparel and footwear suppliers. (Sourcing Journal)
A joint venture of Japan’s Mitsui & Co. and Mitsubishi opened the third and final unit of a U.S. liquefied natural gas plant. (Nikkei Asian Review)
Singapore’s Temasek Holdings withdrew its $3 billion bailout offer for Keppel after the shipyard reported a steep second-quarter loss. (Straits Times)
Shipbroker Clarksons remains confident of a shipping rebound after reporting a 35% gain in underlying profit in the first half of 2020. (Lloyd’s List)
An expanding dockworker strike shut down most cargo activity at the Port of Montreal. (CBC)
Hyundai Merchant Marine is selling a minority stake in its Algeciras, Spain, container terminal to CMA CGM. (ShippingWatch)
Rates for very large crude carrier transport fell to the lowest level since February. (TradeWinds)
J.B. Hunt says it intends to reduce its carbon emissions by 3% by 2025. (Transport Dive)
Private-equity firm Advent International took a controlling stake in British parcel carrier Hermes UK. (Logistics Manager)
BNSF Railway’s second-quarter profit fell 15% to $1.1 billion on a 22% drop in revenue. (Progressive Railroading)
Alpenglow Rail of Denver and a Canadian partner are buying shortline logistics operator USA Rail Terminals. (Inside Logistics)
AirBridgeCargo Airlines says its transport of temperature-sensitive pharmaceutical shipments rose 60% in the first half of the year. (Lloyd’s Loading List)
Pizza chain Domino’s named Stu Levy, its executive vice president of supply chain, chief financial officer. (CFO Dive)
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