OPEC and its allies say they will step up production after oil prices started the week reaching a two-year high. (WSJ)
The Biden administration is putting a hold on oil and gas leases in the Arctic National Wildlife Refuge in Alaska. (WSJ)
Supply-chain technology provider project44 raised $202 million in a Series E funding round led by Goldman Sachs Asset Management. (WSJ)
Amazon has changed its terms of service to allow customers to file lawsuits rather than go through arbitration. (WSJ)
Finance chiefs at apparel retailers are working to reduce inventories as they focus on increased profitability. (WSJ)
The U.S. banned imports from China’s Dalian Ocean Fishing, citing evidence of forced labor on its vessels. (WSJ)
South Korea’s exports rose in May at the fastest rate in 32 years. (Reuters)
Some 44 container ships with combined capacity exceeding 470,000 containers are anchored off China’s Yantian port as the key gateway faces deep congestion and extensive backlogs. (Lloyd’s List)
Some big bicycle makers are considering shaking up their supply chains as they face what they say are the longest delays in decades for parts deliveries. (Financial Times)
An analysis of federal data shows that serious injury rates at Amazon warehouses are nearly double the rate of other companies’ facilities. (Washington Post)
Instacart plans to automate its fulfillment operations and replace many of its gig-economy workers with robots. (Bloomberg)
Retailer American Eagle Outfitters has pared its product assortment to improve goods flow in its supply chain. (Supply Chain Dive)
Environmental protests are adding to delays and congestion at Germany’s Port of Hamburg. (Splash 247)
Denmark-based ship operator Norden sharply raised its earnings guidance on strong growth in dry-bulk shipping demand. (ShippingWatch)
Sri Lankan authorities have detained the captain and top engineers of a container ship that has been burning off the country’s coast. (The Loadstar)
Container ship owner Costamare raised its dividend after first-quarter profit more than doubled to $68.1 million. (TradeWinds)
Trucker Knight-Swift Transportation is buying freight broker UTXL in a roughly $22.5 million deal. (Dow Jones Newswires)
Less-than-truckload carrier Estes is adding 1,200 trucks and 3,800 trailers in a sharp capacity expansion. (Transport Dive)
Lufthansa Cargo ordered its 11th new 777 freighter from Boeing. (Air Cargo News)
Sennder raised $80 million in a supplemental funding round that values the European digital freight forwarder at more than $1 billion. (Post & Parcel)
Austria-based logistics provider Gebrüder Weiss acquired the business of Rhenus Bulgaria. (Lloyd’s Loading List)
An unnamed online retailer bought a 512,000-square-foot warehouse in the U.K.’s West Yorkshire area. (Logistics Manager)
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