Chinese and U.S. negotiators are drawing up plans for talks to end their trade impasse ahead of multilateral summits in November. (WSJ)
A measure of U.S. consumer confidence declined in early August on concerns about rising prices. (WSJ)
The Conference Board's Leading Economic Index increased 0.6% in July. (WSJ)
The Trump administration plans to replace restrictive Obama-era climate policies to help coal-burning plants run harder and stay open longer. (WSJ)
PepsiCo Inc. is buying home-carbonation company SodaStream International Ltd. for $3.2 billion. (WSJ)
Deere & Co.’s second-quarter equipment sales soared 36% and revenue improved 32% from a year ago. (WSJ)
U.S. officials suggest they could sanction China if it continues importing Iranian oil after a November deadline. (WSJ)
Nordstrom Inc. sales increased 4% in both its full-price and discount operations. (WSJ)
Alphabet Inc.'s Google plans to open its first physical store in Chicago’s Fulton Market district. (Chicago Tribune)
China ordered banks to increase lending to infrastructure projects and exporters. (Financial Times)
China’s electric-car startups are facing production problems as they try to build supply chains for mass-market vehicles. (Nikkei Asian Review)
New suppliers are sending denim into the U.S. as trade tensions send buyers looking for new sources. (Sourcing Journal)
Amazon.com Inc. is putting a fulfillment center in North Little Rock, Ark. (KATV)
Regional retail chain Conn’s is building a 656,000-square-foot distribution center on the north side of Houston. (Houston Chronicle)
Penske Truck Leasing joined a global effort to set standards for charging electric trucks. (Heavy Duty Trucking)
Combined loaded container imports at the ports of Los Angeles and Long Beach fell 1.3% in July. (Logistics Management)
Container throughput at the Port of Hong Kong fell 7.9% last month, the sixth straight monthly decline. (Seatrade Maritime)
Grain shipments through Canada’s Port of Hamilton have nearly doubled this year. (CBC)
Second-quarter gross profit at Maersk Line’s reconfigured forwarding and logistics unit rose 4.9% to $278 million. (Journal of Commerce)
Danish bulk-ship operator J. Lauritzen A/S swung to an operating profit after shedding several loss-making chartered ships. (Shipping Watch)
Denmark’s Celsius Tankers is moving into the LNG market with orders for two tankers from South Korea’s Samsung Heavy industries. (Splash 247)
The U.S. charged 22 people in New York City with smuggling large amounts of counterfeit goods in shipping containers transported from China. (American Shipper)
Logistics-industry salaries rose 21.7% last year, among the fastest growing sectors in the U.S. (DC Velocity)
|