Expansion in China’s factory sector slowed in June, as export demand weakened while supply bottlenecks held back production. (WSJ)
Growth in U.S. home prices jumped 14.6% in April to the highest level in records dating back 30 years. (WSJ)
U.S. hog prices are tumbling after China said the country’s herds have recovered from the African swine fever. (WSJ)
The Supreme Court removed a hurdle to the construction of a natural-gas pipeline through Pennsylvania and New Jersey. (WSJ)
Chinese ride-hailing giant Didi Global priced its initial public offering at $14, potentially giving the company a market capitalization of more than $67 billion. (WSJ)
Suppliers to major Western retailers are placing holiday orders for Chinese-made goods weeks earlier this year to get around shipping backlogs. (Reuters)
American manufacturers say they have millions of medical masks they can’t sell because of cheaper Chinese-made masks that cost as little 1 cent each. (Nikkei Asia)
S&P Global Market Intelligence says a looming Covid lockdown in Bangladesh may threaten apparel supplies for some retailers. (CNBC)
Amtrak is opposing Canadian National’s request for a voting trust in its proposed acquisition of Kansas City Southern. (Railway Age)
South Korean President Moon Jae-in says he is committed to making the country a “global shipping leader.” (Korea Herald)
South Korea’s HMM is buying 12 mid-sized container ships from Daewoo Shipbuilding & Marine Engineering and Hyundai Heavy Industries. (Port Technology)
Taiwan’s Wan Hai Lines added 12 smaller container ships to its growing orders for new vessels. (The Loadstar)
Danish dry-bulk and tanker operator Norden raised its guidance for the fourth time this year. (Lloyd’s List)
Cargo throughput at Netherlands seaports fell last year at the steepest pace since 2009, with tumbling bulk tonnage offsetting slight growth in container volume. (Maritime Executive)
Grimaldi Group executive Emanuele Grimaldi will become chairman of the International Chamber of Shipping next year. (Splash 247)
Top industrial distributors say flexibility with sourcing has been a big benefit to their operations during the pandemic. (Modern Distribution)
The Intermodal Association of North America says U.S. intermodal volumes rose 16.1% in the first five months of the year. (Logistics Management)
Digital freight providers Flexport and Convoy are cooperating on an integrated ocean-trucking service. (Journal of Commerce)
Amazon is opening a 600,000-square-foot fulfillment center near Edmonton, Alberta. (BNN Bloomberg)
Surging shipping prices are pushing some publishers to raise their prices for board games. (Kotaku)
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