A United Nations report forecasts overseas investment will start rushing into the U.S. on the country’s extraordinary economic rebound. (WSJ)
Amazon has an option to buy up to a 20% stake in Plus after ordering 1,000 self-driving trucks from the vehicle-technology startup. (Dow Jones Newswires)
American Airlines is scrapping 950 flights as it adjusts to rapidly shifting passenger travel demand. (WSJ)
Boeing has boosted monthly 737 MAX production to 16, as it targets a rate of 31 by early next year. (Dow Jones Newswires)
Several top executives at Lordstown Motors sold stock in the electric-truck startup ahead of reporting financial results. (WSJ)
India’s Tata Group has made a series of acquisitions aimed at competing with e-commerce leaders Amazon and Flipkart. (Nikkei Asia)
CNH Industrial is buying agriculture-vehicle maker Raven Industries as the company prepares to spin off its truck, bus and engine operations. (Reuters)
General Motors is focusing more on hydrogen fuel cells as its investment in electric and autonomous vehicles takes shape. (CNBC)
A study found the pandemic increased the potential for use of forced labor in garment supply chains. (Business of Fashion)
Maritime insurers are close to an agreement with the Suez Canal Authority for compensation over the Ever Given grounding. (Lloyd’s List)
Taiwan’s Evergreen Marine is buying two ships with capacity for 24,000 containers each from China’s Hudong-Zhonghua Shipbuilding. (Seatrade Maritime)
The Port of Liverpool is trying to clear a severe backlog of containers that hit the British gateway in the last two weeks. (Lloyd’s Loading List)
Maersk Line’s venture arm led a $42 million funding round in Egyptian trucking digital load-matching startup Trella. (The National)
CMA CGM set out a five-point strategy to guide the shipping line, with a focus on shipping, air cargo and logistics. (ShippingWatch)
Truckload carrier U.S. Xpress is starting a brokerage unit aimed at building “a digital freight marketplace.” (Transport Dive)
Seattle authorities are testing use of a last-mile parcel hub to advance the use of carbon-neutral delivery vehicles. (Fast Company)
Hydrogen powered-truck startup Hyzon Motors plans to go public through a merger with a blank-check company. (DC Velocity)
New air cargo companies in the U.K., Italy and Vietnam are launching freighter operations. (Air Cargo News)
Tractor Supply is building an 850,000-square-foot distribution center south of Akron, Ohio. (WKSU)
Grocery chain Kroger opened two cross-dock facilities to speed up connections to its automated fulfillment centers. (Supply Chain Dive)
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