U.S. housing construction starts fell 2% in June in the second straight monthly decline. (WSJ)
The surging U.S. dollar is helping end the bull run for prices of oil, metals and other commodities. (WSJ)
Freight operator J.B. Hunt’s second-quarter profit jumped 48% to $255.3 million as strong gains across all services drove revenue up 32%. (Dow Jones Newswires)
Federal authorities are investigating Amazon warehouses over alleged health and safety violations. (WSJ)
Amazon is suing administrators of what it says are more than 10,000 Facebook groups used to coordinate fake reviews. (WSJ)
Boeing got a boost to its 787 Dreamliner program with the sale of five jets to leasing company AerCap. (WSJ)
Hundreds of people across Europe have died in a heat wave that has driven temperatures in parts of Spain and France to record highs. (WSJ)
Johnson & Johnson cut its outlook on the negative impact of the stronger U.S. dollar on sales. (WSJ)
U.S. Secretary of State Antony Blinken is expected to point to Russia’s invasion of Ukraine as an urgent reason for governments to cooperate more on international supply chains. (WSJ)
Treasury Secretary Janet Yellen said in South Korea that trading with trusted partners through “friend-shoring” would bolster supply-chain security. (CNBC)
Scandinavia’s SAS and the airline’s pilots union reached a tentative contract agreement to end a strike. (Reuters)
A backup of more than 60 tankers has developed off the coast of Mexico as ships wait for storage space to unload. (Bloomberg)
Cosco Shipping estimates its operating profit in the first half of the year nearly doubled to $14 billion. (Port Technology)
Orient Overseas Container Line is switching to electronic bills of lading for its shipping documentation. (Container News)
Cargo tonnage shipped through the St. Lawrence Seaway fell 8.3% in May in the reporting period ending June 30. (WorkBoat)
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