The fast track in labor negotiations for East Coast and Gulf Coast ports is shifting into a slower lane. The next step in the two-pronged U.S. longshore contract talks had gotten an early start well ahead of the expiration of the contract next year, but the International Longshoremen’s Association halted the negotiations, with union chief Harold Daggett saying the employers weren’t willing to meet labor’s demands. The WSJ Logistics Report’s Paul Berger writes the stance signals a tougher line for negotiations covering ports from Texas to Maine as West Coast dockworkers prepare to vote on the tentative agreement that was recently reached there. That contract, with its 32% pay increase over six years and a “hero bonus,” may offer some guidelines for an ILA agreement. The slower pace isn’t concerning now because of the long lead time, but it means importers can’t count on labor peace just yet.

• The Teamsters union says a nationwide strike against United Parcel Service “is imminent” after walking away from the bargaining table and demanding UPS provide "its last, best and final offer." (Louisville Courier-Journal)
• The Canadian Chamber of Commerce is urging the federal government to intervene to head off a potential strike by dockworkers at British Columbia ports. (Canadian Press)

The world’s toughest rules on deforestation in supply chains are coming into force. Companies selling everyday products such as leather shoes, coffee and chocolate in the European Union will soon need to prove their wares aren’t causing forest loss under a new law. The WSJ’s Dieter Holger reports companies have 18 months to prepare to prove the origin of seven imported commodities known to drive forest loss. Companies will have to examine both their own operations and those of their suppliers, the latest regulation to target so-called Scope 3 impact in supply chains that trace goods back to raw-materials providers. Businesses will need to pinpoint the plot of land where the product came from and prove no forests have been cleared on the site since 2020. An environmental group estimates at least 37 big U.S.-based companies, including Starbucks and Kellogg, will be covered by the new rules.

• The pace of deforestation around the world increased 10% in 2022. (New York Times)

Russia’s sanctioned cargo ships are turning Turkey into a key hub for shipping weapons and other wartime supplies. Russian vessels have been regularly calling at Turkish ports since the invasion of Ukraine began, according to shipping records seen by The Wall Street Journal, including more than 100 stops at ports along Turkey’s coast since May 2022. The WSJ’s Jared Malsin reports the port calls threaten to further inflame relations between the U.S. and Turkey, which has become a critical economic conduit for Russia. The stops highlight the difficulty in enforcing restrictions in international maritime transport, and Turkey’s strong role in shipping in the region. Moscow has turned to civilian cargo ships to transport military supplies, in part to circumvent a ban on Russian and Ukrainian warships entering the Black Sea. Most of the ships are owned by private companies, some of which have been contracted by Russia’s military.

• Russian ship-to-ship transfers of crude oil have moved away from the Spanish enclave of Ceuta in North Africa. (Bloomberg)

The U.S. economy grew faster than earlier estimated in the first quarter and S&P Global Market Intelligence sharply upgraded its outlook for second-quarter growth. (WSJ)

U.S. pending-home sales fell a less-than-expected 2.7% in May. (MarketWatch)

New jobless claims in the U.S. fell by 26,000 to a four-week low. (MarketWatch)

Nike’s quarterly sales rose 5% and inventories edged up 0.4% from last year while declining 5.1% on a quarter-to-quarter basis. (WSJ)

Taiwan Semiconductor Manufacturing and its suppliers plan to send several hundred workers from Taiwan to Arizona to speed up the sluggish construction of a chip plant there. (Nikkei Asia)

Food-delivery company DoorDash is offering drivers the choice of being paid by the hour. (MarketWatch)

Alibaba-affiliated logistics operator Cainiao says it is launching a five-day global express delivery service. (Air Cargo News)

A major accident at a Shanghai shipyard during assembly of a container ship this month left several workers dead and injured. (TradeWinds)

Self-driving truck developer TuSimple is considering selling its U.S. business and shifting its focus to the Asia-Pacific region. (MarketWatch)

Mexican trucker Grupo Traxion is acquiring Las Vegas-based cross-border freight broker BBA Logistics. (Mexico Daily Post)

Warehouse inventory-tracking drone startup B Garage raised $20 million in a Series A funding round. (TechCrunch)

China Airlines Cargo is looking to shrink its 747 freighter fleet as it takes delivery of 777 jets. (The Loadstar)

A poet offers a meditative “rhapsody of logistics” as he follows the supply chain from container port to doorstep. (BBC)

FTX is in talks with investors about relaunching its flagship exchange, even as regulators ratchet up oversight of the industry and the company works through bankruptcy.

Front-line workers don’t always vibe with new AI tools that promise efficiency but can really mean disruption.

Dockworkers, bus drivers and meatpackers are seeking, and winning, bonuses for risking their lives during the Covid-19 pandemic.

Home Depot expects $500 million in savings under a cost-cutting plan that includes savings in its supply chain. An item in Thursday’s newsletter incorrectly said the savings would come entirely from its supply chain.

Paul Page is editor of WSJ Logistics Report. Reach him at paul.page@wsj.com.

Follow the WSJ Logistics Report team: @PaulPage, @bylizyoung and @pdberger. Follow the WSJ Logistics Report on Twitter at @WSJLogistics.