The nonfarm private sector in the U.S. added a more-than-expected 202,000 jobs in December. (WSJ)
Iran’s aviation regulator says the passenger jet that crashed on takeoff from Tehran was on fire before it hit the ground. (WSJ)
Chinese car sales dropped for a second consecutive year in 2019. (WSJ)
Macy’s Inc. sales during the holiday quarter fell less than expected but the retailer says it will close about 29 stores. (WSJ)
A deal between Borden Dairy Co. and Dean Foods Co. to supply milk and creamers to Starbucks Corp. has turned sour as the rival milk processors both try to reorganize in bankruptcy. (WSJ)
Walgreens Boots Alliance Inc.’s quarterly earnings dropped 25% on growing competition from online and discount retailers. (WSJ)
Apple Inc.’s iPhone shipments in China rose 18.7% in December. (Bloomberg)
Alibaba Group Holding Ltd. is undercutting Amazon.com Inc.’s seller fees to attract vendors to its AliExpress push into Europe. (Reuters)
XPO Logistics Inc. plans to lay off 530 workers and close a Shorewood, Ill., facility it operates for Hostess Brands Inc. (Chicago Tribune)
Bankrupt fast-fashion retailer Forever 21 Inc. is relaunching its international online store. (Retail Dive)
Nearly 20% of e-commerce executives in a survey said they plan to increase investments in Amazon-like fulfillment over the next decade. (Sourcing Journal)
Amazon is building a 623,000-square-foot distribution center at the site of a former race track outside Chicago. (Chicago Sun-Times)
Softbank-backed robotic pizza delivery startup Zume Inc. plans to lay off up to 80% of its staff. (Business Insider)
Some cargo ships are facing delays in getting new low-sulfur fuel at Asian ports. (The Loadstar)
Royal Dutch Shell is in talks with shipbuilders for up to 12 liquefied natural gas-fueled tankers. (TradeWinds)
A North Korean bulk ship seized by the U.S. has been sold for scrap. (TradeWinds)
West Virginia is selling a shuttered Norfolk Southern Corp. intermodal rail facility that had drawn $18 million in state funding. (Charleston Gazette-Mail)
Rail supplier Wabtec Corp. bought manufacturing and repair business Relco Locomotives for $29 million. (Railway Age)
Cargo volume at Belgium’s freight-focused Liege Airport increased 3.6% last year. (Air Cargo News)
Seko Logistics Inc. is buying New York-based cross-border e-commerce specialist Air-City Inc. (Logistics Management)
|