Daimler AG issued its third profit warning in the past year. (WSJ)
A small but growing group of companies have started linking a portion of executive pay to sustainability targets. (WSJ)
Discount U.S. retailer Fred’s is adding 49 stores to the list of 263 it is closing. (MarketWatch)
A measure of factory activity in Texas fell to its lowest level in three years. (Houston Chronicle)
U.S. Customs and Border Protection is adding officers at a rapid pace after struggling with staffing levels in recent years. (American Shipper)
Mediterranean Shipping Co.’s U.S. customs security certification was suspended after one of its container ships was found to be carrying a large cocaine shipment. (Lloyd’s Loading List)
China’s imports of bananas have grown nearly eight-fold since last year. (Bloomberg)
China’s parcel carriers posted strong growth in May despite growing economic pressures. (Xinhua)
Best Buy Inc. is using technology to cut packaging weight and shipping costs, including machines that make custom-built boxes for smaller items. (Minneapolis Star-Tribune)
The U.S. Postal Service changed its dimensional weight rules to charge more for larger, lighter packages. (Logistics Management)
U.S. truckload carriers believe resurgent demand will trigger higher freight rates in the second half of the year. (Journal of Commerce)
Truck drivers using the Uber Freight platform rated turnaround times at truck terminals as their biggest concern. (Commercial Carrier Journal)
Mexico-based freight tracking software provider Nowports raised $5.3 million in an initial funding round. (TechCrunch)
Hardware distributor Orgill, Inc., will build a 780,000-square-foot distribution center in Rome, N.Y. (CNYBJ)
Japan’s All Nippon Airways is testing an alternative jet fuel made in part from rabbit excrement. (New York Post)
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