Mediterranean Shipping Co. is investigating whether a cyberattack caused a network outage at the container line. (WSJ)
Saudi Arabia, Russia and the U.S. have agreed to lead a multinational coalition in major oil-production cuts. (WSJ)
U.S. consumer prices fell a seasonally adjusted 0.4% in March as oil prices plummeted and coronavirus pandemic strained the economy. (WSJ)
Canada’s economy lost more than a million jobs in March. (WSJ)
Shortages of products needed to combat the spread of the coronavirus virus are being exacerbated by the Trump administration’s tariffs on Chinese imports. (WSJ)
U.S. regulators are poised to allow cargo shipments in the cabins of passenger planes. (WSJ)
Smithfield Foods will keep a South Dakota pork plant closed, although the company’s CEO warned of the impact on pork supplies. (WSJ)
The U.S. Postal Service faces a precipitous decline in mail volume and billions of dollars in additional losses in a pandemic that has killed a dozen of its workers. (WSJ)
3M is suing distributor Performance Supply for alleged price gouging and trademark infringement over the sale of 3M-branded masks. (WSJ)
China is offering tax incentives for exports of animal products while shutting down domestic wild animal traders. (WSJ)
Deutsche Lufthansa has reassigned various finance tasks to senior executives after the abrupt departure of the airline’s chief financial officer. (WSJ)
General Electric expects $2 billion in negative cash flow from its industrial operations in the first quarter. (WSJ)
Truck drivers say they’re facing growing challenges finding food and bathrooms on delivery routes. (Bloomberg)
Electronics manufacturers are growing more concerned about components shortages and soaring airfreight costs. (Barron’s)
A textile industry group says the cotton supply chain is at a “virtual standstill.” (Sourcing Journal)
U.S. railroads are clamping down on requests from oil companies to store crude in idle rail cars. (Reuters)
An activist investor is pushing changes to the board at debt-ridden trucker YRC Worldwide. (Journal of Commerce)
Container volume at China’s eight major ports fell in the first week of April for the first time since the middle of February. (Seatrade Maritime)
Troubled Pacific International Lines missed a second vessel charter payment in as many months. (Splash 247)
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