The British pound fell to its lowest level against the euro in almost two years. (WSJ)
The number of rigs drilling in the U.S. has declined by about 10% in the past year. (WSJ)
Huawei Technologies Co.'s revenue rose sharply in the first half of the year despite its U.S. export blacklisting. (WSJ)
Uber Technologies Inc. cut about 400 jobs in its marketing department. (WSJ)
Pfizer Inc. will merge its off-patent drugs business with Mylan NV, creating one of the world’s biggest sellers of lower-priced medicines. (WSJ)
U.S. lawmakers are advancing legislation to expand highway spending by 25% and expedite approvals of large infrastructure projects. (Roll Call)
Amazon is considering extending its grocery business with small stores focused on pickup and delivery of online orders. (New York Times)
Iran’s oil shipments to China and Syria have increased despite U.S. sanctions. (Lloyd’s List)
Japan's three largest container ship lines are expected to report higher earnings due in part to capacity reductions. (Nikkei Asian Review)
Canada’s Hudson Bay Port of Churchill will resume handling grain exports after a four-year break. (World-Grain)
Portugal plans to increase container handling capacity at its ports of Sines and Algarve by 78% by 2026. (Port Technology)
Shipping volumes at Orient Overseas Container Lines increased 3.2% in the first half of 2019. (The Loadstar)
U.S. trucking regulators plan to study harassment and assaults against minority and female truck drivers. (Commercial Carrier Journal)
Technology-enabled logistics specialist uShip promoted Kris Lamb to chief executive in a management shakeup at the Texas-based business. (Business Journals)
Florida-based Saddle Creek Logistics promoted Mark Cabrera to chief executive. (DC Velocity)
Air cargo handler Swissport International plans to refinance some of its debt amid stalled efforts by owner HNA Group Co. of China to sell the business. (Bloomberg)
Ceva Logistics Executive Director Leigh Pomlett bought the U.K.’s Walsall Football Club, the Saddlers. (Logistics Manager)
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