The number of Americans receiving jobless payments fell this month to the lowest level since early in the coronavirus pandemic. (WSJ)
Lumber prices are rising again on worries over the impact of wildfires in the Pacific Northwest. (WSJ)
The median price for a home in the U.S. reached a record high in June. (WSJ)
Consumer-products supplier Unilever is accelerating price increases as it copes with rising costs for raw materials, packaging and shipping. (WSJ)
Intel CEO Pat Gelsinger says the global semiconductor shortage could stretch into 2023. (WSJ)
Government assistance helped lift American and Southwest airlines to profitability in the second quarter. (WSJ)
Mercedes-Benz is gearing up to go all-electric by the end of the decade. (WSJ)
Electric-vehicle startup Rivian Automotive plans to open a second factory in the U.S. (WSJ)
Toyota halted auto production at its three Thailand factories as a Covid outbreak disrupted parts deliveries. (Nikkei Asia)
Hyundai Motor warned the chip shortage will hurt its sales in the third quarter after the auto maker posted the best quarterly results in seven years. (Financial Times)
Norfolk Southern is expanding intermodal capacity in Chicago amid a crush of containers hitting rail yards. (Trains)
Second-quarter profit at Union Pacific jumped 59.2% to $1.80 billion on a 22% gain in revenue carloads. (MarketWatch)
Major ports in Southeast China are bracing for the impact of a typhoon set for landfall over the weekend. (Lloyd’s List)
Steel manufacturer Nucor is acquiring warehouse racking supplier Hannibal Industries. (Modern Materials Handling)
The owner of Paschall Truck Lines acquired Joplin, Mo.-based truckload carrier Transport Distribution. (Commercial Carrier Journal)
Last-mile delivery company Fusion Logistics is laying off more than 300 workers in Texas. (Dallas Morning News)
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