Turkey’s currency plummeted to fresh lows today despite attempts by the country’s central bank to ease investor concerns. (WSJ)
Inflation in the U.S. rose a modest 0.2% in July. (WSJ)
Japan’s economy rebounded to grow 1.9% in the second quarter. (WSJ)
U.K. economic growth accelerated to 1.5% in the June quarter. (WSJ)
Canada’s economy added 54,100 jobs in July. (WSJ)
President Trump threatened tariffs on Canadian-made cars if U.S. officials can’t strike a deal to overhaul the North American Free Trade Agreement. (WSJ)
Auto makers exported a record $7.4 billion worth of vehicles to China last month, as European and Japanese companies gained from a tariff cut that excludes U.S. manufacturers. (WSJ)
Seoul authorities say three South Koreans imported North Korean coal and iron ore through Russia in violation of sanctions. (WSJ)
German drug maker Merck ramped up currency hedging as wild swings in exchange rates hit earnings. (WSJ)
A ship carrying soybeans from the U.S. docked at China’s Port of Dalian more than a month after sailing too late to beat hefty new tariffs. (Reuters)
China is coping with a widening vaccine scandal as its role in pharmaceutical supply chains is growing. (Quartz)
Antitrust authorities in India approved Walmart Inc.’s acquisition of online marketplace Flipkart Group. (Economic Times)
Sports Direct will buy troubled U.K. department store chain House of Fraser. (BBC)
Germany's Hapag-Lloyd AG more than doubled its six-month loss to $115 million. (Lloyd’s List)
Yang Ming Marine Transport’s second-quarter loss soared to $129.1 million as container shipping rates fell 10%. (American Shipper)
British forwarders say they are still plagued by delays at the troubled Port of Felixstowe. (Logistics Manager)
Amazon.com Inc. plans to build a large distribution center south of Raleigh, N.C. (Raleigh News & Observer)
Walmart is converting a shuttered Sam’s Club south of Chicago into an e-commerce fulfillment center. (Chicago Tribune)
Daimler Trucks North America is opening a 10th parts distribution center in the U.S. (Automotive Logistics)
Flatbed trucking group Daseke Inc. swung to a $13.5 million profit in the second quarter. (Transport Topics)
A British company set a record for toppling over plastic pallets dominoes style. (Supply Chain 247)
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