An official gauge of activity in China’s manufacturing sector rebounded in March to a six-month high. (WSJ)
A key measure of U.S. inflation fell in January to its slowest pace since 2016. (WSJ)
American consumers increased their spending a modest 0.1% in January. (WSJ)
An index of U.S. consumer confidence jumped in March at its fastest pace since October 2017. (WSJ)
Sales of new single-family homes rose 4.9% in February to the highest level since last March. (WSJ)
The Canadian economy expanded a more-than-expected 0.3% in January. (WSJ)
Contract iPhone manufacturer Foxconn Technology Group’s fourth-quarter profit fell 12.6%. (WSJ)
French car maker Peugeot is accelerating plans to return to the U.S. market and will ship vehicles from across its lineup into the country. (WSJ)
The Panalpina Welttransport Holding AG board agreed to accept a $4.6 billion takeover offer from rival freight forwarder DSV A/S. (Bloomberg)
The cost of customs bonds for American importers has soared since the U.S. began raising tariffs. (Reuters)
Daimler AG’s truck unit is stepping up work on self-driving trucks with the acquisition of U.S. autonomous tech company Torc Robotics (CNBC)
Japan Post Co. is considering participating in the shared delivery locker service used by Yamato Transport Co.and other firms. (Yomiuri Shimbun)
Apparel online marketplace Poshmark Inc. will start handling all sales taxes for its sellers. (Internet Retailer)
Retailer H&M is testing use of orange peels, banana leaves and other biomaterials to manufacture clothing. (Sourcing Journal)
Net profit at China’s Cosco Shipping Holdings Ltd. fell 58% last year to $178.8 million despite a 33.6% boost in revenue. (TradeWinds)
Western European countries are seeking protections for truckers against competition from low-cost operators from Central Europe. (Politico)
British logistics provider Bedfords Ltd. was placed in administration and stopped operating. (Motor Transport)
Authorities found that "Garfield" phones washing up on French beaches for 30 years came from a single lost shipping container. (Agence France-Presse)
|