Ethiopian Airlines says a stall-prevention system on a Boeing Co. 737 MAX suspected in a previous crash was likely activated on the airline’s crashed jet. (WSJ)
Uber Technologies Inc. is acquiring Middle Eastern rival Careem Networks FZ for $3.1 billion. (WSJ)
Moody’s Investors Service cut ratings for logistics provider Syncreon Group B.V., citing declining earnings and the likelihood of distressed-debt exchange. (WSJ)
Farm commodities giant Archer Daniels Midland Inc. expects weather disruptions to cut up to $60 million from first-quarter earnings. (MarketWatch)
Levi Strauss & Co. Inc. set a short-term goal of raising sales to $7.1 billion following its public stock offering. (Fortune)
Apparel maker Under Armour Inc. will launch an ambitious Asia expansion plan from its new Hong Kong regional headquarters. (South China Morning Post)
British online grocer Ocado PLC struck an agreement to bring its technology to Australian supermarket chain Coles. (Financial Times)
Amazon.com Inc. plans to add the Boeing 737-800 freighter to its air operations. (Air Cargo News)
Japanese parcel carrier Yamato Transport Co. Ltd. and Deutsche Post AG’s DHL are jointly developing an electric delivery van. (Nikkei Asian Review)
The U.S. Supreme Court declined to hear a California Trucking Association appeal in a lawsuit over driver classification. (Commercial Carrier Journal)
A survey of confidence in the shipping industry edged up in the first quarter from last year’s fourth quarter. (Lloyd’s List)
The ports of Savannah, Ga., and Houston are gaining a bigger share of U.S. container trade with Asia. (Journal of Commerce)
Taiwan’s Yang Ming Transport Corp. swung to a $218.5 million net loss last year as higher fuel prices offset rising volume and revenue. (TradeWinds)
Revenue growth in China’s logistics sector accelerated to 14.5% in 2018. (Xinhua)
Spain-based port services provider Noatum Logistics is buying Kansas-based MIQ Logistics. (Lloyd’s Loading List)
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