Mediterranean Shipping Co. determined a cyberattack was responsible for the network outages that brought down its website for five days. (WSJ)
U.S. industrial production and manufacturing output declined in March at the steepest pace since the end of World War II. (WSJ)
Canada’s economy contracted an estimated 9% from February to March. (WSJ)
Germany estimates the country’s economy will contract 9.8% in the first half of 2020. (WSJ)
U.S. unemployment claims report is likely to show record increases. (WSJ)
A United Parcel Service driver says more customers are thanking him as he continues to deliver during the coronavirus pandemic. (WSJ)
The International Energy Agency estimates global oil demand will fall by a record amount of 9.3 million barrels a day this year. (WSJ)
Global oil storage is filling up quickly and producers in areas where crude is hard to transport may have to pay consumers to take it. (WSJ)
U.S. military officials believe the coronavirus outbreak on Theodore Roosevelt was likely sparked by cargo flights bringing suppliers to the aircraft carrier. (WSJ)
China’s export restrictions are stranding medical goods that the U.S. needs to fight coronavirus, the State Department says. (WSJ)
Volkswagen plans to begin restarting its European factories as soon as next week. (WSJ)
Best Buy will furlough nearly all of its part-time store workers while keeping about 82% of its full-time staff. (WSJ)
DuPont is selling protective fabric directly to clothing makers to increase production of gowns to guard against coronavirus infection. (WSJ)
Amazon is suspending work at fuffilllment centers in France after a court banned the sale of non-essential goods and said it must do more to protect its workers. (Bloomberg)
Some grocery chains are shutting supermarket outlets to customers and using them only for online fulfillment. (Modern Retail)
Valero Energy idled eight of its ethanol plants and is reducing production at its remaining six facilities. (Ethanol Producer)
Freight carrier J.B. Hunt says it’s growing concerned about the ability of customers to pay their shipping bills. (Supply Chain Dive)
Trucking companies and groups are stepping up efforts to get protective masks to drivers. (Heavy Duty Trucking)
Larger freight forwarders are faring better than smaller competitors in a disrupted airfreight market. (The Loadstar)
China Merchants Ports Group forecast a slump of between 80% and 86% in first-quarter profit. (Lloyd’s List)
Large container line customers including Nestlé, Lego and IKEA, say they will push politicians prioritize climate change mitigation once the corona pandemic ends. (ShippingWatch)
Indian startup FarEye raised $25 million in a Series D funding round backing its predictive logistics platform. (TechCrunch)
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