Flexport is laying off about 30% of its workforce in the second round of job cuts this year. (WSJ)
U.S. imports by value dipped 0.7% in August while exports increased 1.6% from the month before. (MarketWatch)
Clorox says a cyberattack in August will cause the cleaning giant’s quarterly sales to tumble between 23% and 28%. (WSJ)
Wine drinkers who bought from collapsed online marketplace Underground Cellar are fighting with its top lender for the rights to more than 500,000 stored bottles. (WSJ)
Constellation Brands raised its earnings outlook as beer sales rose 12% in the second quarter. (WSJ)
About 78% of retailers and brands in a survey say they still have half their stock left from the 2022 holiday season. (Chain Store Age)
Abu Dhabi wealth fund ADQ and Turkey are in talks to build a railway over Istanbul’s Bosphorus strait. (Bloomberg)
French high-speed train maker Alstom slashed its cash flow forecast because accelerated production has left it with too much inventory. (Financial Times)
IDC projects Taiwan’s share of global chip manufacturing will decline while mainland China’s portion will continue to increase. (South China Morning Post)
Belgium’s Euronav confirmed it is in advanced talks to sell 24 very large crude carriers to rival Frontline for $2.35 billion. (TradeWinds)
Some container lines are announcing Asia-Europe rate increases even as spot prices crumble. (The Loadstar)
Georgia is moving ahead with plans for a third container terminal at the Port of Savannah. (Atlanta Journal-Constitution)
Three women are suing Stevens Transport, saying the trucker wouldn’t hire them as drivers because it said they had no women to train them. (New York Times)
Maersk is using self-driving trucks from Kodiak Robotics on runs between Houston and Oklahoma City. (Journal of Commerce)
Truckload carrier Knight-Swift Transportation is testing a renewable gas engine Cummins plans to release next year. (Trucking Dive)
A judge ruled freight broker Total Quality Logistics violated wage laws and must pay thousands of former employees for unpaid overtime. (Cincinnati Enquirer)
Foot Locker-owned Japanese retailer Atmos is closing its three stores and e-commerce platform in the U.S. to focus on Asia. (Footwear News)
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