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U.S. consumer prices rose 0.6% from July to August. (WSJ)
U.S. gasoline prices have fallen for 13 straight weeks. (WSJ)
Economists say the U.K. may fall into recession earlier than forecast due to the impact of the funeral for Queen Elizabeth II. (MarketWatch)
Sporting goods retailer Olympia Sports filed for bankruptcy and plans to liquidate. (WSJ)
Foxconn and India’s Vedanta Resources will jointly develop a $19.4 billion semiconductor plant in India’s state of Gujarat. (Financial Times)
Memory chip maker Micron is breaking ground on a $15 billion factory in Idaho and plans to announce another U.S. plant soon. (Reuters)
German truck maker Traton’s MAN Truck & Bus and Scania subsidiaries are selling off their Russian operations. (Dow Jones Newswires)
China’s Shanghai and Ningbo ports are closing for the second time in 10 days because of a typhoon. (The Loadstar)
Ocean and air freight analytics platform Xeneta raised $80 million in a funding round at a $265 million valuation. (Splash 247)
An Australian competition commission called for an end to ocean carriers’ antitrust immunity. (Journal of Commerce)
BlackRock has amassed a more than 5% stake in dry-bulk operator Golden Ocean. (ShippingWatch)
A TuSimple executive resigned after investors sued the autonomous trucking startup alleging securities fraud. (FleetOwner)
USA Truck shareholders approved the truckload carrier’s sale to freight forwarder DB Schenker for $435 million. (Transport Dive)
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