Russia says it will reduce natural gas deliveries to Europe via the Nord Stream pipeline to 20% of normal flows. (WSJ)
Instacart founder Apoorva Mehta will step down as chairman once the company completes its initial public offering. (WSJ)
Cargill and the newly formed Wayne-Sanderson Farms agreed to pay $85 million to settle claims they violated antitrust laws. (WSJ)
Toyota has stopped taking orders for its Harrier sports utility vehicle model because of delays in production. (Reuters)
Amazon has started soliciting business from other shippers for space in its intermodal network. (Trains)
Target plans to open two package-sorting centers in the Chicago area and one near Denver to extend its online fulfillment reach. (Bloomberg News)
Spot rates for very large crude carriers are surging as China’s oil demand picks up. (Lloyd’s List)
Kuehne + Nagel’s operating profit more than doubled to nearly $2.3 billion in the first half of the year as revenue increased 45%. (ShippingWatch)
European logistics operator DFDS acquired Ireland-based Lucey Transport Logistics. (Irish Examiner)
China’s imports of U.S. fruits are waning due to rising costs and weather-related issues. (The Loadstar)
The Cool Chain Association is testing perishable labels that place commodity and temperature requirements on a single label. (Air Cargo World)
A test of a U.S. Postal Service product offering next-day local delivery generated less than $200 in revenue in three months. (Supply Chain Dive)
A monthslong shortage of imported U.S. french fries has driven Japanese restaurants to turn to China and even drop the item from their menus. (Nikkei Asia)
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