The U.K.’s economy shrank more last year than any of the world’s seven largest industrialized democracies. (WSJ)
The Biden administration is imposing tougher rules on government procurement to increase purchases of products made in the U.S. (WSJ)
Climate scientists say the world’s ice is melting faster than ever. (WSJ)
A shortage of specialized syringes is hampering the ability to extract extra doses from Pfizer’s Covid-19 vaccine vials. (Reuters)
Taiwan’s big semiconductor makers are weighing new price increases amid steep chip shortages in the automotive sector. (Nikkei Asian Review)
Timberland and North Face parent VF has created a program to map and trace suppliers across its supply chains. (Supply Chain Dive)
Hong Kong-headquartered Lalamove raised $1.5 billion in a funding round that could value the on-demand delivery service at $10 billion. (DealStreetAsia)
One seafarer was killed and 15 taken hostage in a pirate attack on a container ship in the Gulf of Guinea. (CNN)
British ports say red tape and a shortage of government funding are delaying infrastructure for the U.K.’s new post-Brexit border. (Financial Times)
South Korea has started to provide ships and funds to domestic exporters to mitigate container shipping delays. (Lloyd’s List)
Maersk Line opened a 2,000-mile freight rail line in India to get around the country’s infrastructure bottlenecks. (The Loadstar)
Orient Overseas Container Line raised $120 million in a share issue to finance the acquisition of new ships and containers. (ShippingWatch)
A merger of South Korea’s two big shipbuilders was delayed under antitrust scrutiny. (Splash 147)
Supermarket chain Kroger and fulfillment technology specialist Ocado plan to build a highly-automated online grocery distribution center in Phoenix. (KNXV)
UPS bought 185 acres near Raleigh, N.C., to build a $262 million distribution center. (Burlington Times-News
Ammunition-makers are struggling to keep up with demand amid labor and raw materials shortfalls. (Outdoor Life)
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