The number of homes available for sale in the U.S. last month held at an all-time low. (WSJ)
Turkey’s lira currency tumbled at a rate that put it on track for the biggest single-day selloff since 2018. (WSJ)
China’s JD.Com will take an $800 million majority stake in on-demand delivery platform Dada Group. (Business of Fashion)
Ryder System says electric-vehicle startup Chanje owes it nearly $4 million after failing to deliver most of its promised vans. (The Verge)
Retailer Williams-Sonoma plans to open two distribution centers and increase manufacturing and distribution capacity up to 30% over the next year. (Supply Chain Dive)
Beer maker Ambev will convert part of a Brazilian brewery into an oxygen plant to supply the country’s struggling hospitals. (Dow Jones Newswires)
The Baltic Dry Index measuring dry-bulk shipping prices rose to its highest level in 18 months, and rates for medium-sized panamax ships reached a 10-year high. (Reuters)
A shortage of sea containers in China appears to be easing. (Lloyd’s List)
Unionized dockworkers at Canada's Port of Montreal rejected a management contract offer, raising fears of potential job actions. (Journal of Commerce)
Zim Integrated Services reported a $524 million profit for 2020 that was the container line’s largest in its history. (The Loadstar)
Tanker operator Norden says it instructed ship captains to take elaborate measures over several years to disguise trips to Israel. (ShippingWatch)
Maria Angelicoussis became acting CEO of Angelicoussis Group, the largest Greek shipowner, after her father was hospitalized following a heart attack. (Splash 247)
The St. Lawrence Seaway opened for the annual shipping season. (WWNY)
Online grocer Weee raised $315 million in a Series D funding round backing expansion of its business serving Asian and Hispanic markets. (Grocery Dive)
Swiss rail freight operator SBB Cargo lost $37.2 million in 2020. (Railfreight)
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