Oxford Economics expects the U.S. to make a bigger contribution to global economic growth this year than China. (WSJ)
Yemen’s Iran-aligned Houthi rebels say they attacked a major Saudi Arabian oil port on the Persian Gulf with drones and missiles. (WSJ)
Supply-chain finance firm Greensill Capital filed for insolvency protection in the U.K. with plans to sell its core business. (WSJ)
Panasonic is in talks to acquire supply-chain technology company Blue Yonder for $6.5 billion. (Nikkei Asia Review)
Coca-Cola is moving its Minute Maid operation from the Houston area to Atlanta. (Atlanta Journal-Constitution)
Cargill will spend $475 million to upgrade and expand seven soy processing sites in the U.S. (Business Journals)
Amazon exercised warrants in Air Transport Services Group to buy a minority stake in the cargo airline for $131 million. (CNBC)
Global container volumes fell 5.7% from December to January, suggesting congestion rather than high demand are behind rising freight rates. (Lloyd’s List)
The European Union’s competition commissioner plans to examine the circumstances around severe congestion in the container shipping industry. (ShippingWatch)
Port bottlenecks contributed to a 23.7% decline in inventory last quarter at retailer Foot Locker. (Supply Chain Dive)
The National Retail Federation’s Global Port Tracker projects U.S. container imports will grow 23.3% in the first half of the year over last year’s pandemic-depressed volumes. (Logistics Management)
Craig Jasienski has stepped down as chief executive of Wallenius Wilhelmsen after 30 years with the Norwegian car carrier. (Automotive Logistics)
Data group FTR says U.S. freight shipping conditions “are close to the best ever for trucking companies.” (DC Velocity)
Yellow’s revenue rose in February despite tough weather that affected 215 of the trucker's terminals. (Dow Jones Newswires)
Women's apparel and accessories retailer Charming Charlie is opening 14 stores in the U.S. this year. (Retail Dive)
Supermarket chain Albertsons is testing remote-controlled grocery delivery carts with logistics automation specialist Tortoise. (Supermarket News)
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