A measure of U.S. factory activity rose sharply in January, moving into expansionary territory for the first time since July. (WSJ)
U.S. crude futures have fallen 20% from a recent peak in early January. (WSJ)
Saudi Arabia is seeking a major short-term oil production cut as a response to the impact of China’s coronavirus on crude demand. (WSJ)
DP World’s container volumes fell 0.4% in the fourth quarter, dragged down by U.S.-China trade tensions. (WSJ)
The Trump administration has sharply reduced the number of exemption requests it is granting for tariffs on Chinese imports. (WSJ)
Supply chain data analytics startup ClearMetal raised $15 million in Series A-1 funding round. (WSJ)
U.S. aviation regulators plan new safety standards for specific unmanned-aircraft models, the biggest step yet toward authorizing widespread delivery of packages by drones. (WSJ)
Forever 21 is selling the retail chain to a consortium of buyers including landlords Simon Property Group Inc., Brookfield Property Partners LP and Authentic Brands Group LLC. (WSJ)
North Carolina-based supermarket chain Earth Fare is closing its roughly 50 stores. (WSJ)
Hong Kong's economy contracted for the first time in a decade in 2019. (Reuters)
Fashion retailer H&M is rolling out a line of clothing made from recycled textiles. (Sourcing Journal)
China issued a force majeure certificate for a car parts supplier facing legal action for failing to fulfill an overseas order due to the coronavirus. (South China Morning Post)
China’s ports will waive storage fees through Feb. 9 to cope with disruptions from the coronavirus. (Lloyd’s List)
Owners of ocean-going ships paid on average 66% more for fuel in January than a year ago. (Ship & Bunker)
Air France-KLM, Delta Air Lines and Virgin Atlantic will sell their trans-Atlantic cargo capacity together under a joint venture. (Lloyd’s Loading List)
Quebec-based trucker C.A.T. bought Central Canadian operator Penner International. (TruckNews)
Ohio-based Bolt Express acquired Premium Transportation Logistics. (Commercial Carrier Journal)
STG Logistics named former Celadon Group chief executive Paul Svindland as its new CEO. (Inside Indiana Business)
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