Toyota’s chief rebuked its Hino Motor commercial truck unit over a scandal involving falsified fuel performance and emissions data that has led Hino to suspend most of its shipments in Japan. (WSJ)
Ford confirmed it is laying off roughly 3,000 white-collar and contract employees. (WSJ)
British Airways is cutting more than 10,000 flights through the rest of the summer and into the winter. (WSJ)
Beef prices in the U.S. are declining as supply-chain constraints are easing in the meat business. (WSJ)
Canada is urging farmers to reduce fertilizer emissions, triggering a backlash amid global food shortages. (WSJ)
China’s CATL is starting up a service in which drivers will be able to rent and swap out batteries under a subscription model. (Nikkei Asia)
Canada’s Neo Performance Metals bought mining rights for rare-earth metals in Greenland. (New York Times)
Ship scrapping volumes are at historically low levels, with no container ships sold into the recycling market so far this year. (TradeWinds)
Bimco says China’s oil imports from Russia rose more than 50% from April to May. (ShippingWatch)
The International Chamber of Shipping says piracy in the waters off Somalia is no longer a threat to global shipping. (Financial Times)
A court in Dubai fined five members of a container ship crew and handed down suspended jail sentences over a fire and explosion in boxes that had just been loaded. (Maritime Executive)
BNSF Railway will lift its embargo on California cargo on Sept. 4. (Progressive Railroading)
Truckload carrier Heartland Express will buy the CFI dry-van and refrigerated business owned by TFI International in a $525 million deal. (Dow Jones Newswires)
U.K. freight operator EV Cargo is considering a London stock offering of about $1.2 billion to raise money for acquisitions. (Motor Transport)
Gap opened an 850,000-square-foot distribution center in Longview, Texas. (Supply Chain Dive)
Industrial materials supplier Avient is selling its distribution business to an affiliate of H.I.G. Capital for $950 million. (Modern Distribution Management)
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