The U.S. trade deficit widened 7.3% in June, the biggest increase since November 2016. (WSJ)
The U.S. service sector’s rapid expansion cooled in July. (WSJ)
Beijing is fighting back against a deepening decline of the yuan. (WSJ)
Eurozone retail sales rose for the second straight month in June. (WSJ)
Some Canadians are calling for boycotts of American products because of aggressive U.S. trade policies. (WSJ)
The U.S. Commerce Department reduced steep tariffs it imposed earlier this year on newsprint from Canada. (WSJ)
Kraft Heinz Co. raised prices 1.3% in the past quarter to cover rising international expenses and U.S. trucking costs. (WSJ)
Huawei Technologies Co. has shipped more than 95 million smartphones this year, more than 30% ahead of last year. (WSJ)
Global cotton production is up 16% this year but is forecast to slip 4% in the 2018-2019 season. (Sourcing Journal)
FedEx Corp. says it won’t add residential surcharges to most home deliveries this year. (Reuters)
A railcar shortage is leaving coal piling up at India’s ports. (Bloomberg)
Honda opened a 400,000-square-foot expansion of its Lincoln, Ala., logistics facility. (Birmingham News)
Fetch Package Inc. raised $3 million in funding to back its expansion in parcel storage systems for e-commerce deliveries. (DC Velocity)
France’s La Poste reported a 2.9% revenue gain in the first half of the year and a 5.9% increase in operating profit. (Post & Parcel)
China wants Cambodia’s Japan-backed Sihanoukville port to be part of Beijing’s Belt and Road initiative. (Nikkei Asian Review)
Brazilian mining giant Vale SA will use “scrubbers” on much of its bulk-shipping fleet to meet impending sulfur-emissions restrictions. (TrradeWinds)
Greek ship owners are rapidly scaling up vessel investments, led by spending on ships powered by liquefied natural gas. (Lloyd’s List)
Teekay Tankers Ltd. says growing rate volatility is positive for tanker vessel operators. (S&P Global Platts)
Cargo handlers at Brazil’s Port of Santos boarded a CMA CGM container ship amid labor unrest at the gateway. (Journal of Commerce)
Flatbed truck operator Daseke Inc. acquired Memphis-based Builders Transportation Co. (Heavy Duty Trucking)
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