U.S. inflation accelerated to 9.1% in June on rising gasoline, housing and food prices. (WSJ)
The Federal Reserve says several parts of the U.S. are showing signs of economic slowdown. (WSJ)
Factory activity in the eurozone jumped in May while U.K. manufacturing rebounded from a contraction the month before. (WSJ)
Officials from Russia, Ukraine, Turkey, and the United Nations agreed on key aspects of a plan to resume exports of Ukrainian grain through the Black Sea. (WSJ)
Lufthansa canceled another 2,000 flights from its summer schedule amid persistent staff shortages. (WSJ)
Delta Air Lines counted a $921 million adjusted net profit in the second quarter that included a 46% increase in cargo revenue to $272 million. (WSJ)
Exercise-equipment company Tonal is cutting its staff by 35% as it focuses on profitability. (WSJ)
Panasonic plans to build a $4 billion electric-vehicle battery factory in Kansas to supply Tesla. (WSJ)
U.K. electric parcel van maker Arrival may cut up to 800 jobs after losing $10.4 million last quarter. (Financial Times)
German port workers were preparing for a two-day strike starting today after new wage negotiations ended without an agreement. (Splash 247)
A rush of new orders over the past two years has left the shipping sector oversupplied with containers. (Lloyd’s List)
The number of pirate attacks on international shipping fell in the first half of the year to the lowest level since 1994. (ShippingWatch)
U.K. online apparel retailer Boohoo will start charging customers for returns. (BBC)
Food-spice supplier McCormick is expanding production capacity at its North American and U.K. plants. (Supply Chain Dive)
The pace of automation in warehouses has accelerated during the pandemic. (New York Times)
Pennsylvania-based Logistics Plus acquired Ukrainian freight forwarder Concord Trans. (DC Velocity)
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