U.S. initial jobless claims are holding near pandemic lows. (WSJ)
Sales of consumer staples at European grocery markets are declining while shoppers are loading up on more chocolate, champagne and spirits. (WSJ)
Gartner projects corporate spending on information technology will grow 8.4% this year after standing still last year. (WSJ)
Commodities exchange operator CME Group plans to launch a futures contract for lithium. (WSJ)
Mitsui Chemicals will spend $91.5 million to increase output of its materials used in semiconductor production. (Nikkei Asia)
The average salary for logistics professionals has declined this year, with fewer respondents in a survey reporting increased compensation. (Logistics Management)
Target says it will spend $2 billion with Black-owned suppliers by 2025. (Supply Chain Dive)
First-quarter earnings at food supplier Conagra jumped 37.7% on an 8.5% gain in sales to $2.77 billion. (Dow Jones Newswires)
Constellation Brands says quarterly beer sales through “off-premises” channels more than offset a decline in sales to bars and restaurants. (MarketWatch)
British online fashion retailer Asos expects e-commerce apparel sales to continue growing after the pandemic. (Financial Times)
U.S. maritime regulators held a closed-door meeting on ongoing problems in ocean transport supply chains. (gCaptain)
Container volumes at China’s eight biggest ports rose a combined 35% in February from last year despite a 42.9% drop at the Port of Dalian. (Port Technology)
Several Greek-owned tanker operators are shelling out for very large crude carriers on optimism in the oil sector. (Lloyd’s List)
Swedish tanker shipping company Stena Bulk is targeting climate-neutral operations within 29 years. (ShippingWatch)
Maersk Line sent a container ship to Australia to pick up 8,000 empty containers bound for China. (TradeWinds)
Amazon has converted up to 25 failed shopping malls into distribution centers. (Chain Store Age)
CBRE says vacancy rates for Canada’s warehouses are at historic lows even with a near-record 26.1 million square feet of logistics real estate under construction. (Bloomberg)
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