The Federal Reserve held its benchmark interest rate steady and signaled rates may not rise at all this year. (WSJ)
The U.K. asked the European Union to delay its departure from the bloc until June 30. (WSJ)
Ford Motor Co. will spend nearly $900 million to convert a second North American plant to build electric cars. (WSJ)
Norwegian aluminum and energy giant Norsk Hydro AS suffered a ransomware cyberattack that crippled production. (WSJ)
A deadly cyclone that hit Mozambique is expected to trigger extensive commodity and cargo claims. (Lloyd’s List)
Uber Technologies Inc. is expanding its freight-booking platform to Europe, starting with the Netherlands. (Bloomberg)
Ousted Uber chief executive Travis Kalanick bought into Indonesian logistics startup Kargo Technologies. (Nikkei Asian Review)
Nissan Motor Corp. is dropping assembly of its Infiniti luxury brand in the U.K. as part of a restructuring that includes withdrawal from Western Europe. (Automotive Logistics)
Toyota Motor Corp. will build a hybrid car in Britain for Japanese peer Suzuki Motor Corp. (Agence France-Presse)
Swedish apparel retailer Hennes & Mauritz AB will phase out purchases of conventional cashmere and push toward “a more transparent supply chain.” (Just-Style)
The global e-commerce sector grew 18.2% last year. (The Loadstar)
CBRE Group Inc. says e-commerce and logistics companies are claiming a bigger share of the largest U.S> warehouses leases. (DC Velocity)
A New York retail workers’ union says Amazon.com Inc. fired a worker for complaining about warehouse working conditions. (New York Times)
South Carolina’s Port of Charleston expects container imports to slow sharply this spring after companies pulled forward orders over tariff concerns. (Post and Courier)
Container manufacturer Singamas Container Holdings Ltd. is in talks to sell half its production capacity to an unnamed buyer for nearly $600 million. (Seatrade Maritime)
Copenhagen-based Clipper Group A/S has reportedly sold its entire dry bulk ship fleet. (Shipping Watch)
Warehouse equipment provider Apex Companies opened a distribution center in Emporia, Va. (Modern Materials Handling)
Authorities found more than 1,100 pounds of cocaine hidden in a shipping container at the Port of Philadelphia. (NBC10)
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