China and the U.S. launched a fresh round of tariffs today on $16 billion in each other’s goods. (WSJ)
Eurozone business activity edged higher in August but manufacturers scaled back their outlook. (WSJ)
U.S. existing-home sales fell 0.7% in July, extending the market’s longest downward slide in five years. (WSJ)
Mexico’s chief trade negotiator says the country is close to resolving some of the sticking points in negotiations with the U.S. (WSJ)
Australian oil and gas producer Santos Ltd. is buying natural gas provider Quandrant Energy. (WSJ)
German auto-parts giant Continental AG issued its second profit warning of the year. (WSJ)
Lowe’s Co. is closing its Orchard Supply Hardware regional chain. (WSJ)
Digital lock specialist Latchable Inc. raised $70 million as part of a funding round that values the company at more than $250 million. (WSJ)
Distribution center operators are preparing bigger wage premiums to get workers during the peak holiday shipping season. (DC Velocity)
Chinese car maker Zhejiang Geely Holding Group plans to start selling cars in Eastern Europe as early as next year. (South China Morning Post)
Serta Simmons Bedding will merge with direct-to-consumer mattress company Tuft & Needle. (CNBC)
Ocean forwarders say more shipping lines are bumping export cargo at Asia ports as tighter capacity drives up freight rates. (Lloyd’s List)
Shipping line Zim swung to a $33.2 million second-quarter loss despite strong gains in container volume and revenue. (American Shipper)
Ship Finance International is buying three container ships for long-term charters to an unnamed operator. (TradeWinds)
Orders for warehouse handling equipment are soaring this year. (Modern Materials Handling)
Passenger railcar manufacturer Hyundai Rotem is closing its South Philadelphia factory. (Philadelphia Inquirer)
The Netherlands rail network is effectively full, with almost no room to build new lines. (RailFreight)
British trucker Harris Transport entered administration, the U.K. version of chapter 11 bankruptcy. (Motor Transport)
Maersk Line set a record for the number of containers loaded on a single ship. (Splash 247)
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