Sales of previously owned homes rose 0.6% in January amid tight inventory and rising prices. (WSJ)
The British pound is at its highest level against the dollar in nearly three years. (WSJ)
U.S. regulators ordered immediate inspections of Boeing 777 aircraft equipped with the type of Pratt & Whitney engine that broke apart over Colorado. (WSJ)
The U.S. formally rejoined the Paris climate-change agreement. (WSJ)
The U.K.’s top court ruled that a group of former drivers for Uber Technologies were entitled to minimum wage and other benefits while working for the company. (WSJ)
Walmart plans to spend nearly $14 billion on capital improvement, including enhancements to its supply chain and increased automation. (MarketWatch)
Honda Motor named a new chief executive, whose background as an engineer working on electric vehicles should accelerate the auto maker’s move into EVs. (WSJ)
The U.S. faces major, fundamental supply-chain hurdles to speeding up production of Covid-19 vaccines. (ProPublica)
Walmart’s Mexico unit will put about a quarter of its new $1.09 billion capital spending plan toward logistics. (Reuters)
Japan's construction equipment maker Komatsu plans to develop hydrogen powered heavy-duty mining trucks. (Nikkei Asia Review)
Werner Enterprises has idled about 1,000 of its trucks daily during the persistent U.S. winter storms. (Transport Dive)
Hapag-Lloyd CEO Rolf Habben Jansen believes elevated container shipping demand will continue into the third quarter. (ShippingWatch)
Maersk Line veterans involved in building the container line’s venture capital fund have started an independent fund to invest in supply-chain startups. (Journal of Commerce)
Tanker operator Frontline lost $9.2 million in the fourth quarter as operating revenues plunged 45% from the third quarter. (Lloyd’s List)
The crew of a tanker abandoned off the United Arab Emirates coast was allowed to return home after four years on the ship. (The Guardian)
Alphaliner says Mediterranean Shipping Co. is set to overtake Maersk Line as the largest container line by capacity. (Splash 247)
Online furniture retailer Wayfair is building a 1.2 million-square-foot distribution center in Romeoville, Ill., southwest of Chicago. (Crain’s Chicago Business)
Lowe’s is planning a 1.1 million-square-foot distribution center near Interstate 95 north of Richmond, Va. (Richmond BizSense)
Amazon is building a second large distribution center in the Bakersfield, Calif., area. (Bakersfield Californian)
Freighter operator Atlas Air increased its adjusted net profit by about 46% to $143.2 million as revenue jumped nearly 25%. (Air Cargo News)
Radiohead joined a call for U.K. aid for truckers that haul concert equipment. (Motor Transport)
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