Economists in a survey expect the U.S. economy to grow 4.3% this year. (WSJ)
U.S. worker filings for initial jobless claims jumped by 181,000 to nearly one million last week. (WSJ)
Rising temperatures last year capped the world’s warmest decade in modern times. (WSJ)
OPEC expects the global appetite for oil to remain subdued in the first quarter of 2021 after demand fell 10% last year. (WSJ)
Toyota will pay $180 million to settle a U.S. complaint that it violated emissions-reporting requirements for about a decade. (WSJ)
Delta Airlines’ cargo revenue rose 9.1% in the fourth quarter as collapsing passenger demand left the carrier with a $755 million net loss. (WSJ)
U.S. supply chains across a range of industries are being disrupted as large numbers of workers miss work because of Covid-19. (Bloomberg Businessweek)
U.S. exports of wood pellets fell 19.8% in November from the year before. (Biomass Magazine)
Consumer-goods supplier Unilever expects global consumption to remain suppressed in the first half of this year. (Reuters)
Japan’s NYK Line will ship some automotive exports to Europe by rail rather than sea to cut emissions. (Nikkei Asian Review)
Ship-scrapping companies are paying higher prices for vessels amid a global shortfall in steel. (TradeWinds)
German container line Hapag-Lloyd is suspending one of its services to Long Beach, Calif., because of worsening port congestion. (Lloyd’s List)
Container throughput at the Port of Singapore slipped 0.9% last year and vessel calls fell by 37.4%. (Business Times)
Alibaba logistics arm Cainiao started an air and sea freight booking platform. (The Loadstar)
German digital freight forwarder Sennder raised $160 million in a Series D funding round. (TechCrunch)
Some trucking companies are using data from electronic logging devices to switch to paying drivers based on time rather than miles driven. (Commercial Carrier Journal)
Union Pacific is dropping surcharges it had imposed on West Coast container imports. (Journal of Commerce)
Contemporary versions of sea shanty songs sung on merchant ships have grown popular on the TikTok social app. (The Cut)
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