The U.S. is on track for the biggest month-to-month increase in gasoline prices in records dating to the 1970s. (WSJ)
Supply-chain technology startup Kargo Technologies raised $25 million in a Series A funding round that includes backing by freight forwarder Flexport. (WSJ)
The U.S. and the U.K. struck a trade accord that will remove U.S. tariffs on British steel and aluminum, while the U.K. will lift levies on American whiskey, motorcycles and tobacco. (WSJ)
Chinese officials say they have “no clear view” of the cause of Monday’s crash of a China Eastern 737-800 that killed all 132 people on board. (WSJ)
The China Eastern crash complicates Boeing’s relationship with the country as the plane maker tries to restore business there. (WSJ)
A federal aviation official said a former Boeing pilot lied to her about how a 737 MAX flight-control system worked before two of the jets crashed three years ago. (WSJ)
Alibaba is sharply increasing its share buyback program in a bid to reassure investors of the company’s prospects. (WSJ)
The head of the World Trade Organization says expanded global trade would help solve ongoing supply-chain problems. (New York Times)
A U.S. Customs and Border Protection bulletin warns that hackers and ransomware goups are targeting American logistics and shipping companies. (Yahoo News)
Maersk Line canceled more sailings to Shenzhen as supply-chain pressures persist after the city lifted some lockdown restrictions. (Lloyd’s List)
U.S. maritime regulators are expanding a program auditing container line operations to include export trade. (Maritime Executive)
Consumer-goods supplier Unilever and furniture retailer IKEA want the European Union to toughen its rules on clean maritime fuels. (ShippingWatch)
Charter rates for bulk capesize vessels are tumbling. (TradeWinds)
The Philippines is opening its shipping and aviation sectors to full ownership of companies. (Reuters)
France is giving about $441 million in state aid to truckers to mitigate rising fuel costs. (The Loadstar)
Walmart is building a highly-automated 430,000-square-foot fulfilment center just outside Calgary, Alberta, to fill online orders. (Progressive Grocer)
Tire maker Bridgestone is taking a minority stake in autonomous vehicle startup May Mobility. (TechCrunch)
Last-mile delivery startup Veho is buying reverse logistics company QuikReturn just after a new funding round. (DC Velocity)
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