The Organization for Economic Cooperation and Development cut its forecast for world economic growth this year, including a deep cut in the eurozone outlook. (WSJ)
Sales of new homes in the U.S. rose 3.7% in December. (WSJ)
The U.S. services sector expanded at a faster rate in February. (WSJ)
China has banned canola imports from Canada’s largest grain handler and shipper. (WSJ)
Shuttered food-delivery service Munchery Inc. filed for bankruptcy and will sell its assets to Gate Gourmet Inc. (WSJ)
General Electric Co.’s new chief executive forecast negative cash flow in 2019 as its power business hobbles the struggling conglomerate. (WSJ)
Chevron Corp. and Exxon Mobil Corp. plan to raise production in the oil field at the heart of the American fracking boom. (WSJ)
Harley-Davidson Inc. acquired StaCyc Inc., which makes electric-powered two-wheeled bikes for children. (WSJ)
Fifth Wall Ventures is starting a fund aimed at backing moves by online retailers into online stores. (CNBC)
Saudi Arabia wants to export as much as 3 billion cubic feet of gas per day by 2030. (OilPrice.com)
Robotics shipments to North American companies rose 7% last year, including a 41% increase to non-automotive companies. (Modern Materials Handling)
Container line executives say poor forecasting by shippers is creating enormous waste and overbookings. (Journal of Commerce)
A.P. Moller-Maersk A/S chief Søren Skou says the carrier won’t order larger container ships than those already in its fleet. (Splash 247)
Scrapping of container and dry bulk ships hit a record low in 2018. (Shipping Watch)
Volkswagen AG signed a deal to develop a vehicle importing site in Baltimore. (Automotive Logistics)
Panalpina is still looking for acquisition targets as the freight forwarder faces a takeover effort by DSV A/S. (Lloyd’s Loading List)
United Parcel Service Inc. says the limited range of electric trucks remains an obstacle to broader use in its delivery operations. (Commercial Carrier Journal)
Trucker Old Dominion Freight Line Inc. maintained pricing strength in February while shipment growth weakened. (American Shipper)
A former truck driver says he was "trying to save time" when he repeatedly dumped toxic waste near a national park in South Carolina. (Associated Press)
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