The U.S. levied new sanctions against Russian firms it accused of violating trade bans on North Korea. (WSJ)
American Airlines Group Inc. is cutting some international flights as U.S. carriers adjust their business plans to reflect higher fuel prices. (WSJ)
Uber Technologies Inc. picked a finance chief well-versed in the IPO process as the company prepares for an initial public offering. (WSJ)
J.M. Smucker Co. quarterly sales declined excluding the recently acquired Ainsworth Pet Nutrition business. (WSJ)
Sales at Estée Lauder Co. jumped 12% in the latest quarter. (WSJ)
Sources say the Trump administration plans to announce tomorrow a breakthrough in trade talks with Mexico, clearing the way for Canada to rejoin negotiations. (Politico)
Chinese buyers of Iranian oil are shifting cargoes to Iran-owned tankers to keep supply flowing following new U.S. sanctions. (Reuters)
North Dakota farmers say delegations from China, India, Italy and Spain canceled planned September visits because of trade tensions. (CNBC)
Toshiba Corp. and Carrier Corp. will shift their air conditioner manufacturing joint venture from Thailand to India because of currency and tariff costs. (Nikkei Asian Review)
Pharmaceutical supply-chain software company TraceLink raised $93 million a Series D funding round. (TechCrunch)
U.S. regulators kicked off a potential rewrite of hours-of-service truck driving rules with a request for public comment on existing regulations. (Commercial Carrier Journal)
New Mack Trucks Chief Executive Martin Weissburg says production at its Macungie, Pa., plant “is at an all-time high.” (Fleet Owner)
Truck drivers with new vehicles but old engines that violate California air pollution standards could face fines of at least $25,000. (Bloomberg)
U.S. port authorities will seek an exemption from tariffs on Chinese-built cranes. (WSJ)
Maersk Line is launching a container ship service on an Arctic route starting in Vladivostok. (The Independent)
Crude oil exports from the Texas Gulf coast exceeded imports earlier this year for the first time. (Houston Chronicle)
Denmark-based Hafnia Tankers is in merger talks with fellow oil transporter BW Tankers. (Seatrade Maritime)
Shipping container manufacturer Singamas Container Holdings says some customers are holding back orders because of global trade tensions. (Lloyd’s List)
Western Bulk Chartering issued an upbeat outlook for the dry-bulk market after an upturn in profits in the first half of the year. (Shipping Watch)
Industrial property developer GLP raised $4 billion for two European logistics funds. (PropertyEU)
The express and logistics arm of China Post plans to launch an initial public offering next year. (Xinhua)
Uber Freight launched a digital platform for shippers. (Supply Chain Digital)
The Greenbrier Cos. and Watco Cos. will unwind their joint railcar repair operations, citing insufficient demand for retrofitting oil tanker cars. (American Shipper)
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