Inflation in the U.S. rose 1.75% in 2018, including a slight tick upward in December. (WSJ)
U. S. consumer sentiment fell at the end of February and household evaluation of current economic conditions slipped. (WSJ)
Personal income for Americans fell in January for the first time since 2015. (WSJ)
The Canadian economy slowed in the fourth quarter in its worst performance in more than two years. (WSJ)
U.S. manufacturing employment has risen for 18 straight months among those holding production or nonsupervisory jobs. (WSJ)
The CEO and other top executives of Brazilian mining giant Vale SA have stepped down as authorities investigate the company’s deadly dam collapse. (WSJ)
Gap Inc. is purchasing the Gymobree Group’s Janie and Jack chain and Children’s Place Inc. is buying the bankrupt children’s clothing retailer‘s brand name. (WSJ)
Foot Locker Inc.’s same-store sales soared 9.7% in the latest quarter, including 30% growth in online sales. (WSJ)
Subaru Corp. is recalling 2.3 million cars because some chemical compounds released by everyday products can cause parts to malfunction. (WSJ)
Chinese steel mills are slowing iron ore purchases and seeking cheaper alternatives to Australian supplies after a steep run-up in prices. (Reuters)
A new report says sustainable cotton is seeing an uptick in textile supply chains. (Sourcing Journal)
Container line CMA CGM is undertaking a $1.2 billion cost-cutting effort after its profit plummeted to $34 million last year despite an 11.2% gain in revenue. (Lloyd’s List)
APM Terminals began full operations at a Costa Rica container port that marks the largest infrastructure ever in the country. (Costa Rica Star)
Shipbuilders from the Netherlands and the U.S. have shown interest in taking over the collapsed Philippine Subic Bay shipyard. (Nikkei Asian Review)
The U.S. Department of Defense plans to consolidate its vast household goods shipping into a single provider by 2021. (Commercial Carrier Journal)
Freight broker C.H. Robinson Worldwide Inc. bought Madrid-based freight forwarder Space Cargo Group for $48 million. (Minneapolis Star-Tribune)
Niels Smedegaard, longtime chief executive of Denmark-based shipping and logistics group DFDS, is stepping down. (Shipping Watch)
Construction of a large distribution center near Boise, Idaho, believed to be for Amazon was delayed indefinitely. (KTVB)
FedEx Corp. is seeking a $10 million state grant to move its logistics division headquarters to downtown Memphis, Tenn. (Memphis Commercial Appeal)
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