Americans boosted retail spending 5.3% in January, boosted by the arrival of Covid-relief payments. (WSJ)
U.S. industrial production rose 0.9% in January, led by a 1% gain in manufacturing output. (Dow Jones Newswires)
New York state’s attorney general is accusing Amazon in a lawsuit of not doing enough to protect workers from the coronavirus. (WSJ)
E-commerce technology company Shopify is projecting moderating growth after quarterly sales rose more than 90% for the third straight quarter. (WSJ)
Saudi Arabia plans to increase oil output in the coming months, reversing a recent big production cut. (WSJ)
Rio Tinto’s new CEO plans to broaden the commodities it mines, potentially pushing the company more aggressively toward minerals vital to energy transition. (WSJ)
Nestle is selling most of its North American bottled-water brands, including Poland Spring, for $4.3 billion. (WSJ)
Quarterly revenue at luxury retailer Gucci tumbled 14%. (WSJ)
IBM expects carbon-capture technology to help the company reach a goal of net-zero greenhouse gas emissions by 2030. (WSJ)
Dole Food is merging with Ireland-based Total Produce to create the world’s largest fresh produce company. (Financial Times)
The logistics unit of Chinese e-commerce giant JD.com plans an initial public stock offering in Hong Kong that could raise roughly $5 billion. (South China Morning Post)
Internal documents detail extensive actions Amazon has taken in recent years to evade tough regulation in India. (Reuters)
Apparel companies are trying new strategies to reduce packaging waste, including returnable shipping containers. (Business of Fashion)
Vessel-tracking data shows two Vietnamese state-owned tanker owners involved in transporting U.S.-sanctioned Iranian and Venezuelan crude oil. (Lloyd’s List)
Cargo operators in Indonesia are bracing for major container shipping logjams following the upcoming holiday marking the end of Ramadan. (Nikkei Asia Review)
Dry-bulk ship operator Golden Ocean plans to buy 18 vessels from a company affiliated with owner John Fredriksen for $752 million. (TradeWinds)
Indian tanker company Seven Islands Shipping filed for an initial public offering in Mumbai. (Business Standard)
Ocean operator Wallenius Wilhelmsen is designing a car carrier propelled by wind power. (Journal of Commerce)
California lawmakers are considering a measure aimed at improving working conditions in warehouses. (City News Service)
Canadian trucker Fastfrate Group is acquiring last-mile delivery specialist ASL Distribution. (Today’s Trucking)
Ethiopian Airlines says temporarily converting 25 passenger jets to freighters helped the carrier remain “cash positive” last year. (Air Cargo News)
U.K. developer Harworth Group is planning to build a logistics complex totaling 2.9 million square feet of warehouse space in South Yorkshire. (Logistics Manager)
British parcel firm Yodel’s Valentine’s Day flower deliveries were up 77% from a year ago. (Motor Transport)
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