China overtook the U.S. as the world’s top destination for foreign direct investment last year. (WSJ)
Sales of previously owned homes in the U.S. rose in 2020 to the highest level in 14 years. (WSJ)
U.S. economic activity picked up momentum at the start of the year while the eurozone economy contracted. (WSJ)
Samsung Electronics is considering Arizona, New York or Texas for a possible $17 billion semiconductor plant. (WSJ)
Amazon is asking authorities to postpone a unionization vote at an Alabama warehouse and reconsider a decision to allow mail-in voting due to the pandemic. (WSJ)
AstraZeneca expects to deliver tens of millions fewer Covid-19 vaccine doses than planned to the European Union in coming months. (WSJ)
NCR is nearing a deal to buy Cardtronics after outbidding a pair of investment firms that had agreed to buy the ATM operator. (WSJ)
President Biden’s revocation of a permit for the Keystone XL pipeline raises pressure on Canadian oil and gas suppliers to find new markets. (WSJ)
Truck drivers and warehouse workers at New York’s Hunts Point Produce Market reached a contract agreement to end a strike. (WSJ)
Apparel retailer American Eagle Outfitters plans to close up to 250 stores in the U.S. and Canada in the next two to three years. (WSJ)
Bankrupt retailer Francesca’s Holdings won approval to sell its remaining business to buyers that plan to keep open about half its roughly 550 stores. (WSJ)
The World Health Organization is caught in a dispute between China and Western countries over whether the coronavirus can spread on frozen-food packaging. (WSJ)
Panasonic has developed portable storage units capable of meeting the ultra-cold temperatures needed for the Pfizer coronavirus vaccine. (Nikkei Asian Review)
Consumer-goods supplier Unilever plans to ensure that every worker in its supply chain earns a living wage by 2030. (CNN)
A late surge in global vehicle demand pushed Volkswagen to a $12.2 billion operating profit last year. (Financial Times)
Alphaliner says global container shipping capacity grew 2.9% in 2020, the lowest rate since 2016. (Lloyd’s List)
Growth in U.S. container imports from Europe is accelerating. (Journal of Commerce)
The Maersk Essen diverted from Los Angeles to Mexico’s Port of Lazaro Cardenas after losing some 750 containers overboard, (Maritime Executive)
Ship owner Seaspan raised $200 million in a sale of sustainability-linked bonds in Norway. (ShippingWatch)
Ship owner Global Ship Lease expects to raise $81 million in a new common-share offering in New York. (TradeWinds)
The World Bank and an international ports group say in a new report that digitizing maritime supply chains would make the business more efficient and resilient. (Splash 247)
British logistics provider Wincanton’s quarterly revenue rose 10%, led by a 40% gain in digital and e-fulfillment business. (Motor Transport)
The U.S. Postal Service is still digging out from under an avalanche of mail sent during the recent holiday season. (NPR)
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