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A measure of U.S. manufacturing activity showed supplier deliveries to factories deteriorated again in June. (WSJ)
Growing numbers of trucking companies, warehouse operators and other businesses are offering hiring bonuses of $1,000 for hourly workers. (WSJ)
New U.S. worker filings for jobless benefits fell to a fresh pandemic low. (WSJ)
Oil prices rose above $75 a barrel for the first time since 2018. (WSJ)
South Korea’s exports rose a faster-than-expected 39.7% in June. (MarketWatch)
Officials from 130 countries agreed to an overhaul of the rules for taxing international companies that includes a global minimum rate of 15%. (WSJ)
Amazon says its carbon footprint grew 19% last year. (MarketWatch)
Hennes and Mauritz’s quarterly sales in China fell 28% following the clothing retailer’s conflict with Beijing over forced-labor allegations in the Xinjiang region. (WSJ)
The Covid vaccination campaign drove stronger quarterly sales and profit at Walgreens Boots Alliance. (WSJ)
Nissan will spend $1.4 billion to place a large-scale factory for electric-vehicle batteries in the U.K. (Financial Times)
Gap is closing all its stores in the U.K. and Ireland and looking to sell its stores in Italy and France. (Chain Store Age)
Uniqlo owner Fast Retailing will launch in-house production with an apparel factory in Tokyo. (Nikkei Asia)
Analysts say grocers are having a hard time making the economics of micro-fulfillment centers work. (Supply Chain Dive)
Cargo interests say a final agreement to allow the Ever Given to leave the Suez Canal is likely at least a week away. (TradeWinds)
Port terminal operator DP World acquired U.S.-based logistics firm Syncreon in an agreement with an enterprise value of $1.2 billion. (Bloomberg)
European regional container line Unifeeder says its chartering costs have tripled since last year. (ShippingWatch)
Maersk Line ordered a feeder container ship from South Korea’s Hyundai Mipo Dockyards that will be capable of running on methanol. (Lloyd’s List)
Maersk Line is setting up a petrochemicals hub at Saudi Arabia’s King Abdullah Port. (Arab News)
Global air cargo volumes were 1% below the pre-pandemic level of 2019 in the first five months of the year. (Air Cargo World)
Kuehne + Nagel is selling a minority stake in its recently acquired China-based Apex International freight business to a private equity group. (Air Cargo News)
A Colorado company has developed a process to make a beer concentrate that would be easier and cheaper to ship than the liquid variety. (Scientific American)
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