New coronavirus cases in China have dropped dramatically outside the Hubei province as authorities raised alarms about sharp increases in infections elsewhere in the world. (WSJ)
DP World is buying the Fraser Surrey Docks cargo terminal near Canada’s Port of Vancouver for $290 million. (WSJ)
The Mexican economy contracted in 2019 for the first time in a decade. (WSJ)
The pace of home price growth in the U.S. sped up in December. (WSJ)
China has lifted import restrictions on U.S. poultry and pet food, along with other actions implementing the first phase of a trade deal. (WSJ)
Deutsche Lufthansa is slashing spending, a sign that airlines are beginning to brace for financial fallout from the coronavirus epidemic. (WSJ)
Mining giant Rio Tinto warned the coronavirus epidemic is threatening its supply chain as it reported a 41% profit decline. (WSJ)
Home Depot issued an upbeat outlook after reporting same-store sales rose 5.2% last quarter. (WSJ)
Macy’s adjustments to U.S. tariffs last year on Chinese imports have helped the retailer prepare for supply-chain disruptions in China. (WSJ)
China’s car sales fell 18.7% in January. (Reuters)
Thailand-based petrochemical giant PTT Global Chemical will spend billions of dollars to create a “second home base” in Ohio. (Nikkei Asian Review)
China is making U.S. lobster exports eligible for lower tariffs. (Associated Press)
Alphaliner says a record amount of container ship capacity has been idled since the coronavirus outbreak. (Splash 247)
Maersk Line set a new $5 billion revolving credit facility that will include lower rates if the carrier meets certain environmental targets. (Lloyd’s List)
Joseph Hete is retiring as chief executive of Air Transport Services Group and will be replaced by President Rich Corrado. (Air Cargo News)
Autonomous truck developer Starsky Robotics is winding down its trucking operations after venture capital funding ran out. (Commercial Carrier Journal)
Kraft Heinz's venture-capital arm is investing in logistics automation startup Fabric. (Multichannel Merchant)
Load-matching startup Flock Freight raised $50 million to back its service pooling truck shipments. (VentureBeat)
Transportation management software provider 3Gtms acquired shipping software firm Pacejet. (DC Velocity)
Meal-kit provider Blue Apron Holdings is shutting its Arlington, Texas, distribution center. (Dallas Morning News)
An unnamed company is seeking approval for an 800,000-square-foot distribution center in Kingston, N.H. (New Hampshire Union Leader)
Amazon is storing hundreds of package delivery vans in a hillside dirt parking lot outside Los Angeles. (TMZ)
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