A measure of American consumer confidence rose in May following a dip earlier in the year. (WSJ)
U.S. home prices slowed again in March. (WSJ)
Frank Lonegro resigned as chief financial officer of freight railroad CSX Corp. (WSJ)
The prospect of an abrupt split between the U.K. and the European Union has risen as leading candidates for prime minister talk up a “no deal” exit. (WSJ)
China's Alibaba Group Holding Ltd. is weighing a plan to list its shares in Hong Kong. (WSJ)
Walmart Inc. hired former Amazon.com Inc. and Google executive Suresh Kumar as global chief technology officer. (WSJ)
Mexican investigators launched a corruption probe of the former head of state-run oil company Petróleos Mexicanos. (WSJ)
China is expanding access to its commoditues futures trading market to foreign traders. (South China Morning Post)
Ten workers were killed and 19 injured in a carbon dioxide leak at a shipyard at China’s Longyan Port. (Lloyd’s List)
Hutchison Ports will develop a deepwater container terminal at Canada’s Quebec City along with Canadian National Railway Ltd. (Seatrade Maritime)
Malaysia will ship 450 metric tons of non-recyclable plastic waste back to countries including the U.S. that sent it there. (CNN)
Star Bulk Carriers Corp. acquired 11 bulk cargo vessels from Delphin Shipping. (TradeWinds)
U.S. rail safety regulators are withdrawing a rule requiring two-person crews on freight trains. (Progressive Railroading)
KLLM Transportation bought the refrigerated division of fellow truckload carrier Maverick Transportation. (Commercial Carrier Journal)
Reverse logistics specialist Returnly is starting a payment program to have retailers offer refunds to customers without requiring returns. (Sourcing Journal)
A California company is selling advertising space on trucks making last-mile deliveries. (Forbes)
|