New filings for unemployment benefits are holding nearly steady at historic highs. (WSJ)
The U.S. suspended tariffs on Scotch, cheese, cashmere sweaters and other consumer imports from the U.K. (WSJ)
OPEC and a Russia-led coalition of oil producers plan to keep a lid on global supply through next month despite rising prices. (WSJ)
The arctic blast that froze much of the U.S. last month cut deeply into natural gas stockpiles, setting the stage for higher prices. (WSJ)
President Biden met with House lawmakers about plans for a federal infrastructure package. (WSJ)
A safety group estimates that deaths from motor-vehicle crashes in the U.S. rose 8% last year. (WSJ)
Costco Wholesale’s quarterly sales rose 15% despite some supply chain challenges with port delays. (WSJ)
Nokia plans to cut emissions in half by 2030 across both its operations and products. (Dow Jones Newswires)
Novartis will help manufacture a two-dose Covid-19 vaccine that Germany’s CureVac is developing. (WSJ)
Israel says a tanker with Iranian crude deliberately dumped a massive load of oil off the country’s coast. (Lloyd’s List)
Indonesia is slapping import duties on goods from China, Vietnam, Singapore and Bangladesh. (Sourcing Journal)
Walmart plans to invest $350 billion in a wide range of products made, grown or assembled in the U.S. over the next 10 years. (Washington Post)
Bed Bath & Beyond plans to launch at least eight private-label products this year. (Retail Dive)
Several U.S. lawmakers have written to maritime regulators over the scarce supply of containers for export. (Supply Chain Dive)
Electric-truck maker Workhorse Group is considering challenging the award of a lucrative U.S. Postal Service delivery vehicle contract to rival Oshkosh. (Bloomberg)
Crude carrier Norden expects its 2021 profit will fall by almost half on a “catastrophically bad tanker market.” (ShippingWatch)
Future Proof Shipping plans to run a small container vessel entirely on hydrogen on inland service in the Benelux. (Splash 247)
Old Dominion Freight Line plans to hire 800 drivers over the next three months. (Dow Jones Newswires)
Logistics tracking-technology firm project44 acquired container shipping visibility specialist Ocean Insights. (Journal of Commerce)
ABI Research estimates global revenue for transportation management systems will nearly double over the next five years. (DC Velocity)
U.K. food-delivery group Deliveroo is targeting a valuation of up to $10 billion in an initial public offering in London. (Financial Times)
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