A measure of U.S. consumer sentiment fell at the start of February to the lowest level since August. (WSJ)
Oil prices are surging as one crude futures index is pushing to its highest level since the start of the pandemic. (WSJ)
Japan’s economy expanded 3% in the fourth quarter, leaving it with a contraction of 4.8% for the full year. (Dow Jones Newswires)
Canadian manufacturing sales climbed 0.9% in December on record-high shipments of wood products. (Dow Jones Newswires)
Canadian housing starts surged 23.1% in January, the biggest increase since the start of the pandemic. (Dow Jones Newswires)
Platinum prices have more than doubled since last March to their highest level in six years. (WSJ)
Walmart is set to become one of the biggest distributors of the Covid-19 vaccine as the U.S. enlists retail pharmacies to accelerate the rollout. (WSJ)
The Biden administration won’t halt tariffs on imported European wine, cheese and other food imports for now. (WSJ)
Amazon is suing New York to block potential legal action over the company’s handling of worker pandemic safety and the firing of a warehouse worker. (WSJ)
Postmaster General Louis DeJoy is preparing a plan to raise prices while slowing delivery of consumer and commercial mail. (Washington Post)
Singapore projects its economy will grow 4% to 6% this year after a less-than-expected contraction last year. (Straits Times)
Tin prices have soared to a seven-year high after a buying frenzy that has drained physical stocks of the commodity. (Financial Times)
Jaguar Land Rover will transition its Jaguar brand to an all-electric fleet by 2025. (USA Today)
Bangladeshi apparel makers say they are working for below cost as orders from Western companies remain depressed. (The Loadstar)
Container shipping line CMA CGM bought four Airbus A330 freighters to launch its dedicated air cargo division. (Journal of Commerce)
China has allowed some long-stranded bulk ships from Australia to unload their coal cargoes. (TradeWinds)
Panama removed five tankers from its flag registry for violating sanctions and is investigating 17 more ships for the practice. (Lloyd’s List)
Vessel owner Seaspan ordered up to 10 container ships with capacity for 15,000 boxes each for operation by ZIM Integrated Shipping. (Ship Technology)
Belgium’s Antwerp and Bruges ports will merge their management. (Splash 247)
U.S. trucking-safety regulators extended pandemic-related exemptions to driver work-hours through May 31. (Fleet Owner)
Navistar International is adding property to expand operations at a San Antonio truck factory that is under construction. (San Antonio Express-News)
Air Canada hopes to add seven converted Boeing 767 freighters to its fleet by the end of next year. (Air Cargo News)
Nearly 90% of executives in a Gartner survey expect to invest in supply-chain resilience in the next two years. (DC Velocity)
Japan’s sake industry is turning to other drinks amid a surplus of the specialty rice used for making the powerful alcohol beverage. (Nikkei Asia Review)
|