The U.S. added 528,000 jobs in July, far exceeding expectations and recouping the 22 million jobs that were lost early in the pandemic. (WSJ)
Trucking companies added 3,500 jobs last month as logistics operations most closely tied to e-commerce pulled back payrolls. (Dow Jones Newswires)
China’s exports surged 18% in July as Covid-triggered supply-chain disruptions eased. (WSJ)
United Parcel Service is buying Italian medical-products logistics specialist Bomi Group for an undisclosed sum. (WSJ)
Amazon extended its reach into connected home products with the $1.7 billion acquisition of Roomba maker iRobot. (WSJ)
Venture-capital firm VMG Catalyst raised a $400 million fund to target startups developing supply-chain technology for retail and consumer-brand businesses. (WSJ)
Shares in Hyzon Motors plummeted after the fuel cell-powered truck maker warned of myriad issues, including accounting regularities, and delayed its second-quarter filing. (MarketWatch)
Germany’s Rhine river could be closed to commercial traffic in the coming days because of low water levels. (The Guardian)
Samsung Electronics plans to begin making semiconductor parts in Vietnam next year. (Nikkei Asia)
Europe’s robust warehouse market is faltering under rising interest rates and cooling e-commerce demand. (Financial Times)
Deutsche Post DHL’s second-quarter operating profit jumped 12.2% to about $2.3 billion as group revenue rose 23.4% to about $24.4 billion. (Post & Parcel)
Workers at the U.K.’s Port of Felixstowe plan to go on an eight-day strike starting August 21. (Splash 247)
Sea-Intelligence says global container shipping schedule reliability improved in June to 40%, the highest level since March 2021. (Port Technology)
The Baltic Exchange measure for very large crude carriers pricing moved into positive territory for the first time since January 2021. (TradeWinds)
Canadian electric truck and bus maker Lion Electric swung to a $3.5 million second-quarter loss despite increasing deliveries. (Today’s Trucking)
Missouri-based startup Orange EV raised $35 million backing its business providing electric tractors for freight yards. (DC Velocity)
Supply-chain technology startup Slync.io fired CEO Chris Kirchner and started laying off staff. (Insider)
Avocado prices are skyrocketing as weather and war drive a shortage. (Fortune)
Rail executive Hays T. Watkins, who died at 96, extended rail giant CSX into other transport modes in a push toward one-stop shipping. (WSJ)
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