The four-week moving average of new U.S. jobless claims fell to a fresh pandemic low. (WSJ)
South Korea became the first developed economy in Asia to raise interest rates since the beginning of the pandemic. (WSJ)
U.K. vehicle production fell 38% last month in its worst July since 1956. (MarketWatch)
Lordstown Motors named Daniel Ninivaggi, a longtime automotive industry executive and lieutenant to billionaire Carl Icahn, as chief executive. (WSJ)
British Airways is considering folding its short-haul passenger operations based at London’s Gatwick Airport into a new subsidiary. (WSJ)
Supply-chain disruptions including parts shortages and an acute labor shortfall threaten to hold back the U.K. economic recovery. (Financial Times)
Shipments of U.S. grains by barge were off 26% last week from the previous week and down 56% from a year ago. (Dow Jones Newswires)
Japanese electronics parts supplier Murata Manufacturing suspended production at a key plant because of a Covid outbreak. (Nikkei Asia)
Tyson Foods plans to build a $300 million poultry-production plant in Danville, Va. (Dow Jones Newswires)
Seaspan is preparing to order 24 medium-size container ships from a Chinese shipyard. (TradeWinds)
Bimco says container ship owners have ordered a record 381 vessels so far this year. (Dow Jones Newswires)
The New York Shipping Exchange raised $15 million to back expansion of its market for mutually enforceable container freight contracts. (Lloyd’s List)
The seafarer’s union at South Korea’s HMM voted to authorize a strike as the container line faces tough negotiations for a new contract. (The Loadstar)
DHL Supply Chain drivers in the U.K. serving retail chain Sainsbury’s approved a strike after an offer of a 1% pay increase. (Motor Transport)
India-based e-commerce delivery company Delhivery acquired business-to-business specialist Spoton Logistics. (Times of India)
Freight forwarder Geodis is starting its own freighter operation with a leased Airbus A330 jet. (Air Cargo World)
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