New orders for durable goods in the U.S. increased 0.8% from May to June. (WSJ)
A measure of consumer confidence in the U.S. rose in July to a 16-month high. (MarketWatch)
Home prices in the U.S. jumped 16.6% to a new record in May. (WSJ)
Apple’s quarterly profit reached a record $21.7 billion as revenue rose 36% to $81.4 billion. (WSJ)
General Electric raised its cash-flow outlook on growing orders for its industrial machinery. (WSJ)
Lysol maker Reckitt Benckiser says sales of cleaning products have fallen faster than it expected. (WSJ)
Commercial real-estate services firm CBRE is buying infrastructure project manager Turner & Townsend for $1.3 billion. (WSJ)
Toyota will suspend production at two Japanese plants as rising coronavirus infections in Southeast Asia disrupt parts supplies. (Nikkei Asia)
Shipping services at China’s coastal ports were sharply cut back under the impact of Typhoon In-Fa. (Lloyd’s List)
India-based ocean rate management platform Freightify raised $2.5 million in a pre-Series A funding round backing its expansion into the U.S. and Europe. (LiveMint)
South African port logistics operator Transnet declared force majeure over a cyberattack that severely disrupted its operations. (The Times)
Union Pacific plans to resume full container service from Southern California on Thursday under a phased-in restoration. (Journal of Commerce)
Navios Maritime Partners is buying four new midsize container ships, with options for two more. (gCaptain)
Pacific International Lines is expanding its fleet as a surging container market washes away the carrier’s longstanding financial woes. (Splash 247)
Bed Bath & Beyond will work with Ryder System to open two U.S. distribution centers as it seeks to slash inventory replenishment times. (Bloomberg)
Hyundai will bring more than 30 hydrogen fuel-cell electric heavy-duty trucks to California under demonstration projects for the technology. (Heavy Duty Trucking)
Lufthansa Cargo is cutting its freighter schedule as an agreement with pilots over extended flying to meet Covid restrictions ends. (Air Cargo News)
Panda Biotech and technology company Oritain will work together to develop traceable, textile-grade hemp fiber. (Sourcing Journal)
Warehouse robotics and artificial intelligence provider Covariant raised $80 million in a Series C funding round. (DC Velocity)
Scotland's Glenfiddich is converting its delivery trucks to run on low-emission biogas made from waste from its own whisky distilling process. (Reuters)
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