The number of Americans dismissed from their jobs fell sharply in May to match levels recorded before the coronavirus pandemic. (WSJ)
The OECD says unemployment rates in the world’s advanced economies won’t return to pre-pandemic levels until 2022 at the earliest. (WSJ)
The U.S. awarded $2 billion to two drugmakers to support development and manufacturing of an experimental drug and a potential Covid-19 vaccine. (WSJ)
Samsung Electronics forecasts a 22.7% rise in second-quarter operating profit despite declining revenue. (WSJ)
Rooftop solar company Sunrun is buying rival Vivint Solar. (WSJ)
Low-cost airlines are moving quickly to pick up market share as their larger, legacy rivals cut back amid the coronavirus pandemic. (WSJ)
Shortages in medical protective gear are developing again as coronavirus cases accelerate across the U.S. (Associated Press)
Torrential flooding in southwestern Japan forced major manufacturers to suspend production at several plants. (Nikkei Asian Review)
Beef reaching U.S. groceries and restaurants has been traveling through complex supply chains that have been crippled by the coronavirus. (Washington Post)
U.S. denim imports fell 35.1% through the first five months of the year. (Sourcing Journal)
A measure of U.S. logistics sector activity soared in June to its highest level since February 2019. (DC Velocity)
European Union lawmakers voted to advance a plan to include shipping in the bloc’s emissions trading system. (Lloyd’s List)
A reports says ports in North America and Europe are under growing strains from the arrival of larger container ships more densely laden with cargo. (Port Technology)
CMA CGM is pulling its APL business from the container line’s long running trans-Pacific routes. (Seatrade Maritime)
Deutsche Post’s second-quarter operating profit rose 16% to $1 billion on strong parcel growth. (Reuters)
Amazon postponed its Prime Day sales event until at least October. (CNBC)
Stop & Shop is adding e-commerce services with inventory storage and pickup sites at more than 50 retail sites. (Supply Chain Dive)
Trucker Werner Enterprises is extending its final-mile delivery service into Canada. (Logistics Management)
Watco Cos. will acquire Dow’s rail infrastructure and related equipment at six North American facilities and then serve the sites. (Progressive Railroading)
A trucker in Australia fought off a highly-venomous snake while driving 70 miles-per-hour on a highway. (Sky News)
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