A U.S. national-security review cleared Cosco Shipping Holdings Co.’s $6.3 billion takeover of rival Orient Overseas International Ltd. (WSJ)
Deadly flooding in western Japan halted some factory production, including manufacturing at automotive suppliers. (WSJ)
The U.K. minister in charge of negotiating Britain’s exit from the European Union resigned unexpectedly. (WSJ)
U.S. exports surged 1.9% in May while imports rose 0.4%, narrowing the trade deficit to the smallest level since October 2016. (WSJ)
Canada's employment growth far exceeded expectations with the addition of 31,800 jobs in June. (WSJ)
Prices for the major memory chips used in many electronics have turned sharply downward this year after a long growth run. (WSJ)
Avon is selling its last U.S. factory to a French cosmetics manufacturer. (WSJ)
Flow Kana Inc., a marijuana processing-and-distribution startup backed by tech investor and musician Roger McNamee, raised $22 million in fresh funding. (WSJ)
Canadian police arrested and charged the commercial truck driver involved in a deadly crash with a bus carrying members of a junior hockey team. (WSJ)
European Union member states approved a free trade agreement with Japan. (Deutsche Welle)
Rolls-Royce Holdings Ltd. is selling its loss-making commercial marine business to Norway’s Kongsberg Gruppen ASA. (Shipping Watch)
The Environmental Protection Agency reversed rules barring use of “glider trucks” that use old engines to effectively sidestep emissions limits. (New York Times)
Alibaba Group Holding Ltd. plans to place a big logistics hub at Belgium’s Liege Airport. (Lloyd’s Loading List)
Crew costs for ship operators are ticking upward after years of flatlining. (Splash 247)
Greek ship owner Evangelos Marinakis is buying up to 10 liquefied natural gas tankers from Korean shipyard Hyundai Heavy Industries. (Lloyd’s List)
Vehicle maritime carrier Wallenius Wilhelmsen bought a controlling stake in U.S. logistics software company Syngin Technology. (TradeWinds)
Industrial property rents in the Chicago area reached a record high $5.58 per square foot in the second quarter. (The Real Deal)
Airbus SE expects the world’s jet freighter fleet to grow by 65% over the next 20 years. (Air Cargo News)
Nippon Cargo Airlines is returning its grounded 747 freighters to service. (American Shipper)
Logistics equipment provider Zebra Technologies Corp. bought hardware supplier Xplore Technologies Corp. (Modern Materials Handling)
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