Operating as a single business is giving FedEx a brighter outlook. The package carrier reported that revenue increased across its main operating segments in the past fiscal quarter, the WSJ’s Esther Fung writes, and it boosted its outlook for a slight recovery in revenue despite lackluster demand across the U.S. shipping market. FedEx’s upbeat results came with a signal that the company is weighing broader action with FedEx Freight, the country’s largest less-than-truckload carrier by revenue. FedEx says it is “conducting an assessment of the role of FedEx Freight in the company’s portfolio structure and potential steps to further unlock sustainable shareholder value.” Trucking may make an odd fit now that FedEx is tying together its package operations. Rival United Parcel Service has already sold off its trucking businesses. FedEx says it expects to complete its own review “thoroughly and deliberately, by the end of the calendar year.”

Supply-chain problems are back in force in the aerospace sector. Airbus is lowering its production and financial targets for the year, the WSJ’s Mauro Orru reports, citing persistent backups with deliveries of engines, aerostructures and cabin equipment. It’s a dispiriting development in an aviation industry that has been agonizing over supply-chain snags that have made it harder to bring in parts, slowing aircraft production and leaving airlines short of capacity just as demand is surging. Airbus CEO Guillaume Faury says engines are a significant issue, with Pratt & Whitney and CFM International falling short of delivery commitments. Rival Boeing has struggled with its own production issues, and is slowing output to address quality concerns. Faury had set ambitious goals on the belief airlines would be clamoring for new aircraft coming out of the pandemic. He called the market correctly, but Airbus’s suppliers have been slow to catch up.

• Boeing is proposing to fund its acquisition of parts supplier Spirit AeroSystems with stock rather than cash. (WSJ)

A measure of consumer confidence in the U.S. slipped back in June. (MarketWatch)

Copper prices have retreated more than 14% since hitting a peak in May. (WSJ)

Canada is considering joining the U.S. and Europe in imposing tariffs on Chinese electric vehicles. (Reuters)

Volkswagen Group is investing $1 billion in electric-vehicle maker Rivian Automotive as part of a software-development partnership. (WSJ)

Stellantis says it may stop automobile production in the U.K. over the country’s tough mandates for electric-vehicle sales. (Financial Times)

BASF and Eramet abandoned plans to spend up to $2.6 billion building a nickel-cobalt refinery in Indonesia amid waning electric-vehicle demand. (Bloomberg)

Amazon workers unable to work because of injuries on the job have resorted to online fundraising to pay bills as they fight for compensation. (The Guardian)

Rite Aid is closing a distribution center outside Detroit as the bankrupt chain shutters drugstores in Michigan and Ohio. (MLive)

Japan’s Suntory Holdings plans to make India a hub for liquor production and exports. (Nikkei Asia)

Maersk Line is paying a record $150,000 a day to charter a mid-size vessel in the capacity-strained container shipping market. (The Loadstar)

Containership space out of India to Europe and the U.S. is effectively booked through much of July. (Journal of Commerce)

South Carolina is pausing construction at a key Port of Charleston terminal to help clear a backlog of containerships. (Post and Courier)

Union Pacific and CMA CGM started operating an intermodal yard near Reno, Nev., to serve the Port of Oakland. (Supply Chain Dive)

Austrian startup Prewave raised $67 million in a Series B funding round backing its AI-driven supply chain sustainability and compliance platform. (EU-Startups)

Swiss startup SkyCell closed a $116 million Series D funding round supporting its ‘smart’ containers for refrigerated transport. (TechCrunch)

The Biden administration named Vinn White to lead the Federal Motor Carrier Safety Administration. (Truckers News)

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 X at @WSJLogistics.