Oil prices fell to a six-week low on worries of a full-blown U.S.-China trade war. (WSJ)
An initial U.S. assessment indicated Iran likely was behind the attack on two Saudi tankers and two other vessels near the Strait of Hormuz. (WSJ)
The timeline to return Boeing Co.’s grounded 737 MAX to service has been extended to late August. (WSJ)
A jury dealt awarded $2.055 billion to a California couple who blamed Bayer AG’s Roundup weedkiller for causing their cancer. (WSJ)
Private-equity group Onex Corp. is buying Canada’s WestJet Airlines Ltd. for $2.63 billion. (WSJ)
China auto sales fell 14.6% in the 10th straight monthly decline. (MarketWatch)
South Korea’s exports fell for a fifth straight month in May, including a 31.8% decline in semiconductor shipments. (Korea Herald)
Amazon is adding warehouse robots that can pick up individual items in its distribution centers. (Reuters)
A consultant says dynamic pricing could help container lines avoid a "Ryanair future." (Lloyd’s List)
Regional shipping line MPC Container Ships will start buying back its own shares. (Shipping Watch)
Supply-chain planning software provider E2Open LLC will acquire trade management technology firm Amber Road for $425 million. (ROI)
Logistics software provider Descartes Systems Group acquired Core Transport Technologies NX Ltd. (DC Velocity)
Freight broker Redwood Logistics acquired transportation management systems business Eminent Global Logistics. (Logistics Management)
Australian logistics specialist Qube Holdings acquired mining and energy services provider LCR Group. (Australian Mining)
Mexican e-commerce delivery specialist 99 Minutos bought Chilean logistics company MuvSmart. (Entrepreneur)
Indian logistics technology startup Locus raised $22 million in a Series B funding round. (TechCrunch)
A Texas jury ordered a trucking business owner to pay $80 million to a driver who claimed he was ordered to falsify work logs. (Commercial Carrier Journal)
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