Job openings and the number of times workers quit their jobs declined in May but remained historically high. (WSJ)
A measure of growth in the U.S. services sector slipped to its lowest level in two years in June. (MarketWatch)
British Airways is scrapping another 10,300 flights from its summer schedule as airlines grapple with overwhelmed operations. (WSJ)
Rivian Automotive sharply scaled up production to 4,401 electric vehicles in the second quarter. (WSJ)
President Biden plans to nominate Denver airport chief Phil Washington to lead the Federal Aviation Administration. (WSJ)
The Biden administration put the finishing touches on a roughly $90 billion bailout of multiemployer pension plans that includes truck drivers and other workers. (WSJ)
Growing labor strife at transport and industrial operations is posing new risks to supply chains. (Bloomberg)
Tesla suspended some production at its Shanghai factory to upgrade its assembly line. (South China Morning Post)
Clive Data Services says global air cargo volume fell 8% in June and that airfreight rates are plunging on major trade lanes. (Air Cargo News)
Mediterranean Shipping Co.’s terminal business is proposing a $6 billion plan to develop a large container facility at Vietnam’s Ho Chi Minh City port. (Port Technology)
Singaporean shopping app Shopee has opened five distribution centers in Brazil to improve shipping and cut lead times. (Reuters)
Seattle-based warehouse space-sharing startup Flexe raised $119 million in a Series D funding round at a valuation of $1 billion. (Crunchbase)
Nintendo blames a 33% decline in quarterly sales of its Switch game system on supply-chain problems. (Nikkei Asia)
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