U.S. household income rose at a record 21.1% pace in March while spending increased 4.2%. (WSJ)
Fresh data show the eurozone fell into a recession this winter but recent indicators suggest the economy is poised to bounce back. (WSJ)
Big oil companies are returning to profitability as they recover from the pandemic-driven destruction of oil and gas demand. (WSJ)
Creditors of Sears Holdings, including suppliers during the retailer’s bankruptcy, are still waiting for more than $80 million in payments. (WSJ)
Tesla is facing delays in getting production started at its Berlin gigafactory. (Reuters)
Groceries and restaurants are seeing salmon supplies shrinking. (Bloomberg)
Starbucks is considering helping suppliers who are struggling to add staff, including distribution and transportation providers. (Supply Chain Dive)
U.K. supermarket chain Tesco will offer supply-chain finance services to suppliers based on sustainability targets. (Logistics Manager)
Cargill says it has cut 1.5 billion gross metric tons of carbon emissions from its shipping operations since 2017. (MarineLInk)
The logistics arm of Chinese e-commerce platform JD.com won the go-ahead for a $4 billion initial public offering in Hong Kong. (Nikkei Asia)
Australia’s wheat exports more than doubled in the first two months of 2021. (Lloyd’s List)
France’s CMA CGM is ordering 22 containerships in deals with Chinese shipyards worth a total of $2.3 billion. (Splash 247)
Hyundai LNG Shipping has ordered seven liquefied natural gas carriers over the past month at a cost of $1.43 billion. (TradeWinds)
First-quarter profit at Cosco Shipping Holdings jumped to $2.39 billion as container line revenue nearly doubled. (Journal of Commerce)
Full-year profit at container line Ocean Network Express rose to $3.5 billion over the past fiscal year from $105 million the year before. (The Loadstar)
Port terminal manager DP World launched a wholesale digital trade platform in Africa aimed at facilitating trade. (Container Management)
Expedited trucker Forward Air agreed to acquire Atlanta-based J&P Hall Express. (CDL Life)
Walmart Canada is opening a distribution center in Moncton as part of its broader supply-chain investment in the country. (Supermarket News)
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