A measure of business conditions in the New York metro area fell from May to June. (WSJ)
Platinum prices tumbled to the lowest level in almost a decade. (WSJ)
The Chinese yuan is strengthening against the dollar after China’s central bank said it would respond to recent declines. (WSJ)
Overall U.S. auto sales increased 1.9% in the first half of the year. Including a 5% gain in June. (WSJ)
Wang Jian, chairman of Chinese conglomerate HNA Group, died in an accident during a business trip in France. (WSJ)
Hudson’s Bay Co. will sell half of its European business in a deal that would bring more than $1 billion in cash. (WSJ)
The U.S. trade representative says Washington wants a free trade agreement with African nations. (Sourcing Journal)
Macy’s Inc. will open 60 standalone Blue Mercury cosmetics stores in the next 18 months. (Business of Fashion)
Daimler Trucks plans to start full-scale production of electric trucks and buses by 2021. (Trucks.com)
China toughened nitrogen oxide emissions rules on ships serving domestic routes. (Lloyd’s List)
Malaysia is suspending $22 billion in China-backed projects, including rail and pipeline construction. (Financial Times)
Myanmar wants to scale down a China-led special economic zone project, saying it wants the port investment “as lean as possible.” (Nikkei Asian Review)
Two dock workers at Washington state’s Port of Longview died when a mooring line to a bulk vessel snapped. (Associated Press)
Evergreen Marine Corp. Ltd. ordered 3,000 refrigerated containers from Carrier Transicold. (Fruitnet)
German port manager Hamburger Hafen und Logistik AG took control of Estonia’s largest maritime terminal operator. (Port Technology)
Matson Inc. took delivery from the Philly Shipyard of a vessel with capacity for 3,600 containers, the largest container ship built in the U.S. (MarineLog)
U.S. truck regulators denied another request to exempt small operators from electronic logging requirements. (Commercial Carrier Journal)
Roadrunner Transport Systems Inc.’s first-quarter net loss rose 19% to $23.6 million despite improving revenue. (Journal of Commerce)
Illinois-based Logistyx Technologies acquired fellow transportation management software business Transparix. (American Shipper)
Seadrill, the oil-rig company owned by maritime entrepreneur John Fredriksen, left bankruptcy protection. (Splash 247)
An unnamed large retailer took a 20-year lease on a 1.5-million-square-foot distribution center in Darlington, U.K. (Logistics Manager)
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