Electric-vehicle charging supply chains are getting a big power boost. A group of major automakers is planning a joint investment to build thousands of chargers in the U.S., in a bid to ease a shortage of charging spots that deters many consumers from choosing EVs. The WSJ’s Mike Colias, River Davis and Ryan Felton report that BMW, General Motors, Hyundai, Kia, Mercedes-Benz and Stellantis plan to collectively spend at least $1 billion in an effort targeting the addition of around 30,000 fast chargers around the U.S. over several years. Those automakers and others are rushing to develop more electric cars, and have laid out plans to convert much of their vehicle lineups to EVs in coming years. That won’t solve a gap in charging infrastructure in the heavy-duty truck sector but the expansion may spur efforts to upgrade constrained power grids that remain a concern for commercial operators.

• New York-based startup Flipturn raised $4.5 million in seed funding backing its platform aimed at helping electric-truck fleets charge more efficiently. (TechCrunch)

Volkswagen says its supply-chain problems have moved from sourcing to shipping. The automaker is cutting its delivery forecast for the year, the WSJ’s David Sachs reports, even as it says some supply-chain bottlenecks are easing. But the company says the pressure in its operations was “shifting from semiconductor shortages to transportation and logistics delays.” Still, it said it expects lower raw material costs and “gradually easing logistical bottlenecks.” The assessment is the latest sign that supply chains in the automotive sector still face instability even as backlogs of the pandemic era ease and car sales accelerate. But Volkswagen and other manufacturers are trying to get their conventional production and distribution channels in order even as they assemble new supply chains for electric vehicles. Volkswagen is shoring up that EV business with a $700 million investment in China’s Xpeng group, a step also aimed at boosting sagging sales there.

• Ford’s net profit nearly tripled in the second quarter despite slumping electric-vehicle sales. (WSJ)

U.S. economic growth accelerated to 2.4% in the second quarter on persistent consumer spending and stronger business investment. (WSJ)

U.S. goods imports by value rose 1.4% in June. (MarketWatch)

Orders for durable goods subtracting volatile transportation orders were up 0.6% in June. (MarketWatch)

The European Central Bank raised its key interest rate by a quarter percentage point. (WSJ)

Trucker Yellow is in talks to sell its logistics business as the company seeks to raise cash. (WSJ) 

Norfolk Southern raised its estimate on costs associated with the Ohio train derailment to $803 million, sending second second-quarter profit sharply lower. (WSJ)

Anheuser-Busch InBev laid off hundreds of workers after months of slumping sales at Bud Light. (WSJ)

Same-store sales at McDonald’s jumped 10.3% last quarter on a boost from a Grimace “birthday” promotion. (WSJ)

Samsung Electronics projected a rebound in memory-chip demand after the company’s second-quarter profit plunged 95%. (CNBC)

Bipartisan legislation in the U.S. Senate aims to ecourage greater U.S. production of medicines. (NBC)

U.K. retailers are cutting orders with suppliers as store sales are sliding. (Reuters)

Hawaiian Airlines took the first of 10 converted A330-300 freighters​ it will operate for Amazon Air. (Air Cargo News)

Retailer Tractor Supply plans to add 200 more stores than originally planned in the U.S., bringing its footprint to 3,000 sites. (Retail Dive)

The International Energy Agency projects seaborne coal export volumes this year to exceed the 2019 record by 24 million metric tons. (Lloyd’s List)

Four bidders have lined up to seek to buy South Korean container line HMM. (Splash 247)

BNSF suspended plans to build a large logistics center north of Dallas after heated local opposition to the project. (KXII)

Rail equipment supplier Wabtec raised its guidance on expectations of a stronger order pipeline. (Railway Age)

Freight forwarder DB Schenker’s operating profit fell 48% in the first six months of the year but was up sharply from the prepandemic level. (ShippingWatch)

Ukraine blacklisted the president​ of Emirates airline, who also has links to Russian energy company Rosatom, as an “international war sponsor.” (The Loadstar)

Drugmaker Mallinckrodt is talking to hedge funds about filing for bankruptcy and avoiding payments intended to help people addicted to opioids.

Companies are cutting executive salaries as they trim budgets and lay off workers. For many executives, it's largely symbolic—most of their pay comes in bonuses and equity.

Hospital operators have collaborated on an extensive list of best practices for third-party cybersecurity risk management.

Large U.S. companies have filed for bankruptcy at a faster pace this year, in part from tighter financial markets and lingering pandemic effects.

The line between e-commerce sales and in-person shopping is blurring as more shoppers place orders online and pick up their goods in stores, a cost-saving tactic for consumers and retailers. .

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Paul Page is editor of WSJ Logistics Report. Reach him at paul.page@wsj.com.

Follow the WSJ Logistics Report team: @PaulPage, @bylizyoung and @pdberger. Follow the WSJ Logistics Report on Twitter at @WSJLogistics.