Asian e-commerce powerhouse Shein is tying its supply chain to another fast-fashion retailer. Shein and the parent of rival merchant Forever 21 are trading stakes in each other’s businesses, the WSJ’s Suzanne Kapner reports, in an agreement that could  include closer operating relationships from stores to manufacturing plants. The arrangement marks a step by Shein beyond selling apparel at rock-bottom prices. Shein has become one of the largest U.S. fast-fashion retailers but is looking to grow by offering goods beyond what it makes itself. Forever 21 will gain access to Shein’s 150 million customers, providing a wider platform to reboot since it emerged from bankruptcy in 2020. Forever 21 is also hoping to learn from Shein’s small-batch manufacturing, which helps Shein turn over products quickly while keeping inventory low. Shein says it makes 100 to 200 pieces of an item and increases production based on demand, limiting waste.

• Gap now expects full-year sales to decline more than originally anticipated after sales at its stores and online fell sharply last quarter. (WSJ)

The only thing holding back Nvidia’s astonishing growth is its supply chain. The chip maker’s remarkable results in its past quarter show the company has effectively doubled in the past year, the WSJ’s Dan Gallagher writes in a Heard on the Street column, almost entirely because of demand for its microprocessors used in building generative AI technology. The company says its “demand visibility” extends into next year and that it expects to increase the availability of its chips over the next several quarters even as the broader semiconductor industry faces supply constraints. Nvidia says it has secured higher supply from its outsourced manufacturing providers for the rest of this year, with supplies expected to increase each quarter through the next year. Competitors are looking to challenge Nvidia’s dominance, and companies including Amazon have their own in-house chip efforts that aim to lessen their reliance on outside suppliers.

The expansion of U.S. semiconductor supply chains is hitting a roadblock at the hiring office. Construction of a Taiwan Semiconductor Manufacturing Co. chip plant in Arizona has been delayed by a shortage of skilled workers, the WSJ’s Yuka Hayashi and Yang Jie report, pointing to one of the thornier challenges facing the U.S. as it moves to revive domestic chip manufacturing. TSMC says finding skilled workers has been difficult, a view that has drawn a sharp rebuke from Arizona trade unions. TSMC is now seeking to bring in workers from Taiwan to get construction back on track, and has sought visas for roughly 500 temporary workers. The labor tussle carries high stakes, with TSMC investing $40 billion for two chip fabrication plants in Phoenix and expected to seek up to $15 billion in tax credits and grants under the federal effort to strengthen U.S. domestic semiconductor supply chains.

Orders for long-lasting goods in the U.S. rose in July for the third month in a row, excluding volatile transport orders. (MarketWatch)

New jobless claims in the U.S. fell to a three-week low. (MarketWatch)

Boeing faces new delays in 737 Max deliveries because of a problem with parts from supplier Spirit AeroSystems. (MarketWatch)

Digital trucking marketplace Convoy is weighing strategic options that could include selling the company. (The Information)

China suspended seafood shipments from Japan because of discharge from the Fukushima nuclear plant. (Nikkei Asia)

Plastics maker Trinseo will shutter three plants, close product lines and cut its workforce under a restructuring. (Dow Jones Newswires)

General Motors will suspend production at a Fort Wayne, Ind., assembly plant next week because of parts shortages. (Inside Indiana Business)

Sea-Intelligence says combined container line profits fell 90% in the second quarter from last year to $3.2 billion. (Port Technology)

Alphaliner says charter rates for smaller containerships are declining rapidly. (The Loadstar)

Vessel orders at South Korean shipbuilders increased 12% in the first half of 2023, making up 29% of global orders. (Maritime Executive)

Frontline CEO Lars Barstad says demand in the tanker market is “almost too good to be true.” (Lloyd’s List)

India-based transporter of Russian crude Gatik Ship Management says “media-induced controversies” caused it to withdraw its tankers. (Splash 247)

Dollar General opened a 1 million-square-foot, partly-automated distribution center in Blair, Neb. (Progressive Grocer)

Mitsubishi Logisnext is building a factory in Houston for warehouse material-handling equipment. (DC Velocity)

Freight broker Radiant Logistics is setting up offices in Kansas City, Kan., staffed by former Yellow employees. (Business Journals)

Shipments handled by U.S. freight brokers fell 4.2% in the second quarter and revenue plummeted 23.1%. (Logistics Management)

• Deceptive pricing practices are on the rise as struggling retailers try to appeal to price-conscious consumers.
• Uptake of agtech tools has been tepid, and even many farmers who use them struggle with the software and a flood of data from their farms.
• Companies including PayPal, MetLife and Booking Holdings have started disclosing the midyear impacts of the 1% tax on share repurchases.
• Popular weight-loss drugs are driving big revenue gains, but distributors say the cold-chain logistics requirements eat into profit margins.

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.