President Biden had the U.S. rejoin the Paris climate accord, scrapped the Keystone XL pipeline and began a review of regulations on business and the environment as he took office. (WSJ)
The U.S. approved more than $5 billion in forgivable loans to roughly 60,000 borrowers under the revived Paycheck Protection Program. (WSJ)
Alibaba co-founder Jack Ma eased speculation about his safety with his first public appearance in nearly three months. (WSJ)
Truckload carrier Werner Enterprises took an unspecified stake in autonomous truck company TuSimple. (Dow Jones Newswires)
United Airlines’ cargo revenue jumped 77% to $560 million in the fourth quarter as the airline lost $1.9 billion on collapsed passenger demand. (WSJ)
Tyson Foods will pay $221.5 million to settle claims by poultry buyers that it fixed prices. (WSJ)
Last-minute pardons by Donald Trump as president included Anthony Levandowski, the former co-founder of a self-driving trucking startup. (WSJ)
Asian semiconductor makers are pressing Intel to outsource production to their factories. (Nikkei Asian Review)
DHL Express suspended some parcel services between the European Union and the U.K. (The Loadstar)
Nearly 700 dockworkers at Southern California’s ports have contracted Covid-19. (Los Angeles Times)
Singapore plans to vaccinate some 10,000 workers in the country’s maritime sector. (ShippingWatch)
Amazon is offering to help the U.S. effort to speed up distribution of Covid-19 vaccines. (The Hill)
Coffee company Starbucks is helping Washington state accelerate the slow pace of its coronavirus vaccine rollout. (NBC)
Freight derivative trades nearly tripled in 2020 as companies sought to hedge against volatile shipping rates. (Lloyd’s List)
South Korean shipyards outpaced rivals in China in orders for new vessels in 2020. (Seatrade Maritime)
California regulators are proposing a points system to account for the use of low-emissions trucks at large warehouses. (Supply Chain Dive)
Truck maker Navistar International is closing its Melrose Park, Ill., research and technical center and selling the site. (Chicago Sun-Times)
Alibaba-backed logistics company Best is considering a sale as part of a strategic review. (Reuters)
China’s R&F Properties sold a majority stake in a large Guangzhou logistics park to Blackstone Real Estate for $1.1 billion. (South China Morning Post)
Amazon is opening two sorting centers and three delivery centers in Quebec. (BNN Bloomberg)
Kansas City Southern joined an agreement to cut greenhouse gas emissions in its rail operations. (Railway Age)
North Carolina-based freight broker Cardinal Logistics bought last-mile delivery specialist NRX. (Furniture Today)
Rick Blasgen will retire in March as chief executive of the Council of Supply Chain Management Professionals. (DC Velocity)
|