U.S. imports edged up in July, widening the country’s trade deficit by 6.3%. (WSJ)
A measure of economic confidence among American households rose in August to its highest level since October 2000. (WSJ)
U.S. home-price growth slowed in June for the third straight month. (WSJ)
J.Crew Group Inc.’s flagship brand snapped a four-year long slump, posting a slight gain in sales at its existing stores and websites. (WSJ)
Tiffany & Co. reported soaring profit and sales in its latest quarter. (WSJ)
Mitsubishi Electric moved production of U.S.-bound goods from China to Japan to avoid new U.S. tariffs. (Nikkei Asian Review)
Higher trucking costs are pushing more restaurants to buy ingredients from local sources. (Bloomberg)
Dealer sales of used heavy-duty trucks in the U.S. fell in July to the lowest level of the year. (Heavy Duty Trucking)
The number of active U.S. oil rigs fell to a 17-week low. (Industrial Distribution)
United Parcel Service Inc. launched a business aimed at connecting small- and mid-sized businesses with warehouses to streamline online orders. (CNBC)
Energy trader Gunvor Group put on hold plans to upgrade its Rotterdam refinery to handle low-sulfur shipping fuels. (Reuters)
Investment bank UBS Group AG estimates more than a third of ocean carriers won’t be able to comply with the global sulfur cap or ballast water regulations by 2020. (Shipping Watch)
New Zealand’s Port of Auckland was closed for two days after a straddle carrier flipped over, critically injuring its operator. (Stuff)
Orient Overseas Container Line became the latest carrier to abandon the U.K.’s troubled Port of Felixstowe. (The Loadstar)
Dry bulk operator Danaos Corp. completed a $2.2 billion debt refinancing that provides new shares totaling a 47.5% stake in the company to certain debt holders. (Seatrade Maritime)
Private-equity group Summit Partners acquired logistics technology provider MercuryGate International Inc. and named Joe Juliano chief executive. (DC Velocity)
Singapore-based robotics company GreyOrange is establishing a base in Atlanta to begin manufacturing in the U.S. (VentureBeat)
Honeywell Intelligrated will work with Carnegie Mellon University to develop technologies for distribution centers. (Modern Materials Handling)
Toy maker Hasbro Inc. says about 100 of its products can now be bought online in pared down “frustration-free” packaging. (Boston Globe)
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