Blackstone Group LP is buying U.S. warehouses from Singapore-based GLP for $18.7 billion, in the largest private real-estate transaction ever. (WSJ)
The U.K.’s manufacturing sector slowed sharply in May. (WSJ)
American consumer spending growth slowed to 0.3% in April. (WSJ)
U.S. household sentiment fell at the end of May from earlier in the month. (WSJ)
U.S. inflation picked up in April after a weak start to the year. (WSJ)
Canada’s economy grew at a sluggish 0.4% annualized rate in the first quarter. (WSJ)
India’s economy grew at the slowest rate since 2014 over the 12 months ending in March. (WSJ)
Turkey’s economy fell into recession. (WSJ)
Oil prices fell sharply to their lowest levels in more than three months on a dour outlook for global demand. (WSJ)
The U.S-China trade dispute has sent prices surging in rare-earth metals. (WSJ)
The price of silver has fallen to its lowest level relative to gold in more than 26 years. (WSJ)
U.S. regulators said parts inside the wings of more than 310 of Boeing Co.’s 737 jets may be defective. (WSJ)
Tesla Inc. has started taking orders in China for cheaper Model 3 sedans built in Shanghai. (WSJ)
A jury ordered Johnson & Johnson to pay $300 million in damages in a suit over the company’s talc products. (WSJ)
South Korea’s exports fell 9.4% in May in the sixth straight monthly decline. (Reuters)
Trade flows suggest Chinese exporters are increasingly routing U.S. goods through third countries to avoid tariffs. (Nikkei Asian Review)
Higher freight and sourcing costs bit into Burlington Stores Inc.’s first-quarter earnings. (Sourcing Journal)
Amazon.com Inc. says an analysis that it is sharply undercutting market rates in its freight brokerage operation “is false.” (Commercial Carrier Journal)
Amazon plans to open a large fulfillment center in a former manufacturing site north of Boston. (Lawrence Eagle-Tribune)
South Korea’s Hyundai Heavy Industries shareholders approved a merger with Daewoo Shipbuilding & Marine Engineering. (Splash 247)
A.P. Moller-Maersk A/S invested $1.7 million in Portuguese fashion supply-chain startup Huub. (Just-Style)
Tanker operator Flex LNG lost $3.4 million in the first quarter ahead of a public share listing this month in New York. (Shipping Watch)
Dry bulk operator Diana Shipping Inc. entered the tanker sector with the purchase of two oil carriers from Maersk Tankers. (Splash 247)
All Nippon Airways freight volumes to China plummeted 24% in the first quarter. (Air Cargo World)
Etihad Airways bought out its partner in the Armaguard Valuables specialty forwarding joint venture. (Air Cargo News)
British package delivery company Yodel took in its first electric truck. (Logistics Manager)
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