House Democrats put off plans to vote on a roughly $1 trillion infrastructure bill. (WSJ)
New applications for jobless benefits in the U.S. remained near a pandemic low. (WSJ)
Electric-pickup truck maker Lordstown Motors struck an agreement to sell its Ohio factory to contract assembler Foxconn Technology Group. (WSJ)
Electric cargo delivery van maker Workhorse undertook a management shakeup as it worked to restore production. (WSJ)
Retailer Bed Bath & Beyond says supply-chain challenges helped drive a sharp decline in quarterly sales. (WSJ)
Used-car seller CarMax’s quarterly sales jumped 48.7% to a record of $8 billion on rising demand and pricing. (WSJ)
Drug maker Merck is buying Acceleron Pharma for $11.5 billion. (WSJ)
The pandemic has exposed longstanding weaknesses in U.S. transportation networks that are exacerbating disruptions in supply chains. (Washington Post)
China is raising its rare-earths output by 20% to shield its supply chain from U.S. sanctions. (Nikkei Asia)
Apparel retailer H&M says supply-chain disruptions from factories to ports cut into its quarterly sales. (Reuters)
Auto-parts retailer AutoZone is adding 20 large distribution hubs to improve inventory replenishment at its U.S. stores. (Supply Chain Dive)
Grocery chain Albertsons is adopting a technology-heavy procurement system for its perishables supply chain. (Supermarket News)
A strike at a Carrefour distribution center in Belgium operated by Kuehne+Nagel is leaving the retailer’s stores short of inventory. (Retail Detail)
British online fashion retailer Boohoo says higher transport costs cut sharply into the company’s quarterly earnings. (Financial Times)
Home Depot will offer its flatbed capacity to other shippers under an agreement with Loadsmart. (Journal of Commerce)
China’s government is encouraging exporters to sign long-term shipping contracts as a hedge against skyrocketing container freight rates. (The Loadstar)
The Port of Jacksonville, Fla., will spend $48 million to expand container handling capacity. (Port Technology)
The market for supply-chain analytics is projected to more than double to $13.7 billion by 2028. (Modern Materials Handling)
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