U.S. retail sales pulled back 3% last month after a big surge in January. (WSJ)
Uber Technologies will grant its U.K. drivers vacation pay and pension contributions after losing a court case. (WSJ)
China’s government is asking Alibaba to shed its media assets. (WSJ)
The family that owns OxyContin maker Purdue Pharma raised its offer to settle lawsuits over the opioid epidemic to roughly $4.28 billion. (WSJ)
The prolonged shutdown of Samsung Electronics' Texas semiconductor plant is expected to reduce global smartphone production by 5% in the second quarter. (Nikkei Asia)
Washington state apple growers say they can’t find shipping space for their exports, creating backups that are also idling dozens of trucks. (Seattle Times)
Japanese companies shifting their supply chains from China to other Asia sites have found greater stability has come with sharply higher production costs. (Japan Times)
Discount grocer Aldi hopes to cut its use of packaging materials by 15% by 2025 under a sustainability plan. (Supply Chain Dive)
Strong container demand is prompting some institutional investors to order vessels on a speculative basis, with no charter commitments attached. (Lloyd’s List)
Late-arriving container ships are straining truckers at South Carolina’s Port of Charleston as backups course through distribution channels. (Post and Courier)
Tanker operators are idling large numbers of very large crude carriers off the coast of Singapore amid plummeting transport rates. (Splash 247)
Korea Shipbuilding & Offshore Engineering booked orders for 10 new liquid petroleum gas carriers worth a total of $700 million. (ShippingWatch)
The Baltic Dry Index measuring dry-bulk shipping rates rose above 2,000 for the time in five months. (TradeWinds)
Canadian National’s grain volume over the first seven months of the crop year is up 24% over the railroad’s three-year average. (Manitoba Co-Operator)
Warehousing on-demand technology provider Flowspace raised $31 million in a Series B funding round. (Multichannel Merchant)
Blockchain developer Wave BL raised $8 million in a funding round that included Israel’s Zim Integrated Shipping. (The Loadstar)
Full-year profit at logistics provider Agility fell 52% in 2020 to $138 million despite 2.7% growth in revenue. (Payload Asia)
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