U.S. exports plummeted 2.6% in March amid broad supply-chain disruptions and imports fell 0.7%. (WSJ)
United Parcel Service is buying 10 electric vertical takeoff and landing aircraft from Beta Technologies to test them in its air express network. (CNBC)
Autonomous trucking company TuSimple set a price range of $35 to $39 per share for a public stock offering aimed at raising about $1.1 billion. (MarketWatch)
Food-delivery companies Instacart and DoorDash both plan to launch their own credit cards. (WSJ)
The Serum Institute of India will resume exports of the AstraZeneca Covid-19 vaccine in June if domestic cases decline. (Financial Times)
A second California court ruled that federal law doesn't preempt a state law that would restrict trucking’s independent contract driver model. (Commercial Carrier Journal)
Knight-Swift Transportation joined a growing array of trucking companies raising driver pay. (Dow Jones Newswires)
The Global Port Tracker report forecasts monthly imports into major U.S. ports will remain above 2 million 20-foot containers through the summer. (Logistics Management)
Top container shipping lines counted a combined $15.8 billion in net profits during 2020. (The Loadstar)
Tanker owners expect a rebound from the lowest rates in more than a decade after Middle East exports contracted by 9% in the first quarter. (Lloyd’s List)
Former APL chief executive Lars Kastrup and financial investment veteran Gan Chee Yen were named co-presidents of Pacific International Lines. (Seatrade Maritime)
Charter rates for multipurpose cargo and container vessels are surging. (ShippingWatch)
Supply-chain tracking technology provider FourKites acquired transportation management provider Haven. (Journal of Commerce)
Pilot Freight Services expanded its home-delivery capabilities with the acquisition of DSI Logistics. (DC Velocity)
New York-based Nuvocargo raised $12 million in a funding round backing its digital logistics platform for cross-border trade. (TechCrunch)
Another ship ran aground in the Suez Canal, but tugs pulled the mid-sized tanker free. (TradeWinds)
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