U.S. consumer prices rose 0.4% from January to February, boosted by gains in gasoline and energy prices. (WSJ)
Lithium prices have soared more than 60% this year, sparking concerns about limited supplies of the battery metal. (WSJ)
General Electric plans to wind down its GE Capital financing unit after shedding its jet-leasing business. (WSJ)
The European Union is increasing the number of health certifications needed for food imports from the U.K. next month. (Financial Times)
Foxconn plans to manufacture Apple’s iPhone 12 in India, taking some production out of China. (Nikkei Asia)
Costco Wholesale is having trouble stocking imported cheeses because of a shortage of shipping containers and bottlenecks at West Coast ports. (CNN)
A.P. Moller-Maersk is considering selling its Maersk Container Industry refrigerated container business. (Bloomberg)
IHS Markit says container ships spent far more time in port in the second half of last year than they did in the same period the year before. (Journal of Commerce)
Mediterranean Shipping Co. and Maersk Line are suspending their 2M alliance service to Liverpool because of port congestion. (The Loadstar)
A ship that has waited 269 days off China with a shipment of Australian coal has been allowed to unload its cargo. (ShippingWatch)
Cathay Pacific cargo revenue rose 16.2% last year as a 58.2% increase in yields offset a steep capacity contraction. (Air Cargo News)
Amazon dropped plans to put a distribution center near Mobile, Ala. (WABM)
Former United Parcel Service executive Alan Gershenhorn is leading a new special purpose acquisition company aiming to invest in logistics. (Business Journals)
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