The Ever Given is set to sail from the Suez Canal today following a multimillion-dollar settlement between the container ship’s owners and Egyptian authorities. (WSJ)
Growth in the U.S. service sector slowed in June as problems finding workers and supplies reined back expansion. (MarketWatch)
Oil prices retreated after reaching a six-year high. (WSJ)
China launched a data security review of load-matching app Full Truck Alliance similar to the probe into ride-hailing giant Didi Global. (WSJ)
Search teams found debris of a Russian passenger plane carrying 28 people that disappeared in Russia’s far-eastern Kamchatka Peninsula. (WSJ)
A new venture aims to open 1,000 delivery-only “ghost kitchens” in shopping malls across the U.S. (WSJ)
Grubhub plans to roll out food-delivering robots built by Russia’s Yandex across U.S. college campuses. (WSJ)
U.S. apparel imports rose 35.3% in the first five months of 2021, with growth in shipments from China outpacing gains from Vietnam and Bangladesh. (Sourcing Journal)
Car maker Stellantis will manufacture electric vans at its Ellesmere Port factory in the U.K.. (Financial Times)
Nissan Motor is stepping up collaboration with suppliers of parts for its electric vehicles by covering costs for the components. (Nikkei Asia)
Congestion at China’a Yantian port is easing as other nearby gateways report growing delays. (Container Management)
A sharp downward turn in bulk shipping’s freight derivatives contracts for the capesize vessels signals falling confidence in the sector. (Lloyd’s List)
Seaspan will charter seven new mid-size container ships powered by liquefied natural gas to ZIM Integrated Shipping. (Splash 247)
The CSP Abu Dhabi container terminal at Khalifa Port will test an autonomous truck system. (Port Technology)
Walgreens Boots Alliance is adding nine microfulfillment centers to the two it already operates in the U.S. (Supply Chain Dive)
Computer game maker GameStop is adding a fulfillment center in Reno, Nev., its first in the Western U.S. (Dow Jones Newswires)
Austria-based logistics software startup Byrd raised $19 million in a Series B funding round. (TechCrunch)
|