The number of initial unemployment claims benefits fell sharply to the lowest weekly level since late November. (WSJ)
Demand for long-lasting manufactured goods jumped 3.4% in January, the strongest growth since last July. (WSJ)
A committee of medical experts convenes today to review Johnson & Johnson’s Covid-19 vaccine, the final step before U.S. regulators decide whether to authorize it. (WSJ)
French shipping line CMA CGM will deploy six container ships powered by liquefied natural gas on trans-Pacific routes by the end of the year. (Dow Jones Newswires)
Canada’s top auditor says authorities have moved slowly to improve rail-safety oversight since a fiery crash involving a crude-carrying train killed 47 people in Quebec eight years ago. (WSJ)
Industry officials say President Biden’s pledge to fix chip shortages hitting auto makers and others will take years to deliver. (WSJ)
Boeing was planning to strengthen protective engine covers on its 777 jets months before a pair of recent serious failures. (WSJ)
DoorDash’s fourth quarter revenue more than tripled from a year ago but the food-delivery company lost $312 million. (WSJ)
Electric-truck startup Nikola’s fourth-quarter loss more than tripled to $147.1 million. (Dow Jones Newswires)
Beyond Meat struck deals to supply plant-based meat imitations to McDonald’s, KFC and Pizza Hut. (WSJ)
Target is creating enclaves for Apple products at its retail stores. (WSJ)
Apparel company Gap plans to build an 850,000-square-foot distribution center in Texas with a heavy focus on online sales. (CNBC)
L Brands will close up to 50 Victoria’s Secret stores this year. (Retail Dive)
A Tokyo-based fund is launching with $5.65 billion aimed at buying vessels powered by liquefied natural gas for Japanese carriers. (Nikkei Asia Review)
Indian authorities are trying to start operations to manufacture sea containers in the country. (Splash 247)
Rates to charter container ships have soared to a 13-year high. (The Loadstar)
The U.K.’s Supreme Court handed ocean carrier Evergreen a victory in a case concerning collision-avoidance regulations. (Lloyd’s List)
Foodservice packaging companies are competing for better materials as demand for restaurant carryout grows. (Supply Chain Dive)
Airfreight volumes from China to Europe have remained elevated following the Lunar New Year holiday. (Lloyd’s Loading List)
Reverse-logistics technology startup ReverseLogix raised $20 million in a Series A funding round. (Journal of Commerce)
An IBM survey suggests trucking companies are on the verge of launching major efforts to make operations more digital. (DC Velocity)
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