New weekly U.S. unemployment claims fell below one million for the first time since March. (WSJ)
The U.S. for the first time confiscated vessels allegedly loaded with Iranian fuel in violation of sanctions. (WSJ)
The owner of Fatburger is buying the Johnny Rockets casual-restaurant chain. (WSJ)
Automakers Toyota and Mazda are expanding their investment in a plant in Alabama expected to start production next year. (Reuters)
Mozambique’s military has been battling with Islamic rebels for control of the Mocimboa da Praia port, a major regional gateway for energy trade. (BBC)
The owner of the Coach and Kate Spade brands is cutting staff, closing stores and shrinking production times. (Sourcing Journal)
Japan Post Holdings is considering selling its struggling Australian logistics business Toll Group. (Nikkei Asian Review)
China authorities are investigating a recent surge in freight rates on trans-Pacific container trade lanes. (Lloyd’s List)
Alphaliner says idled container fleet capacity has fallen by half since May. (The Loadstar)
Teekay Tankers swung to a $98.2 million second-quarter profit as revenue jumped 19.2% to $246.5 million. (ShippingWatch)
European ferry operator DFDS issued an optimistic outlook after second-quarter freight volumes fell 15%. (Maritime Executive)
Amazon has cut ties with seven delivery firms employing 1,200 drivers serving its logistics business. (CNBC)
ACT Research raised its outlook for Class 8 truck orders this year to 193,000, up from an earlier projection of 169,000. (Transport Dive)
Amazon is adding distribution center in the Dallas-Fort Worth area that will give the company 11 million square feet of warehouse space in the region. (Dallas Morning News)
Amazon is looking at placing a distribution center outside Nashua, N.H. (Union Leader)
United Parcel Service says its direct-to-consumer alcohol shipments in the U.S. rose 120% in the second quarter. (VinePair)
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