Producer prices in China fell at the fastest pace in more than seven years. (WSJ)
President Biden is expected to nominate former Federal Aviation Administration deputy chief Mike Whitaker as head of the regulator. (WSJ)
The U.S. Postal Service raised the price of a First-Class stamp by 3 cents to 66 cents. (WSJ)
Bed Bath & Beyond is abandoning an effort to find a buyer for the Buybuy Baby retail chain that would continue to operate at least some of the stores. (WSJ)
The International Maritime Organization adopted a compromise plan targeting emissions but included loose timing and vague wording on goals. (Lloyd’s List)
The IMO plans to adopt a carbon pricing mechanism by 2025 once it has studied potential plans. (TradeWinds)
A Romanian port is being swamped with grain shipments as a deal to allow Ukraine exports through the Black Sea nears collapse. (Reuters)
California awarded $1.5 billion in grants to upgrade the state’s ports. (Sourcing Journal)
The Dutch government won a legal battle to reduce the number of flights at Amsterdam’s Schiphol airport. (Financial Times)
Levi Strauss direct-to-consumer revenue rose 13% in the second quarter while wholesale revenue fell 22%. (Retail Dive)
A new report identifies human rights violations and environmental abuses by Chinese-invested companies involved in mineral supply chains. (Supply Chain Brain)
Louisiana-based Dupré Logistics acquired rival freight broker Interstate Transport. (Transport Dive)
Japanese diaper-materials supplier Nippon Shokubai is switching its manufacturing business to electric-vehicle batteries. (Nippon Asia)
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