Australia expects its Covid-19 vaccination campaign to be delayed by months in part because of global supply-chain issues. (WSJ)
Levi Strauss is expanding capital spending with a focus on digital initiatives that include greater “insight into inventory.” (WSJ)
Southeast Asian food-delivery firm Grab Holdings will go public by merging with a special-purpose acquisition company at a near-$40 billion valuation. (WSJ)
Chinese payments giant Ant Group will apply to become a financial holding company overseen by China’s central bank. (WSJ)
Uber Technologies says ride-hailing demand is recovering faster than driver availability. (WSJ)
France’s Veolia Environnement reached a $15.5 billion deal to acquire rival Suez, creating a water and waste-management giant. (WSJ)
United Airlines will repay the U.S. government $520 million of the pandemic aid it received last year. (Financial Times)
Deutsche Post’s preliminary results show first-quarter operating earnings more than tripled to the equivalent of $2.26 billion. (Air Cargo News)
United Parcel Service and FedEx are restoring some delivery guarantees. (The Loadstar)
Navigator Holdings is buying Chile’s Ultragas in a $1.5 billion deal creating a company with 56 tankers. (TradeWinds)
Braemar ACM forecasts ongoing growth in steel trade after volumes on bulk carriers soared 30% in March. (Lloyd’s List)
Port of Montreal cargo employers suspended guaranteed income pay after port tonnage fell 11% last month. (Journal of Commerce)
Bolloré Logistics is advising its shippers to postpone long-term contract tenders because of tough terms being offered by shipping lines. (Lloyd’s Loading List)
Belgian tanker operator Euronav struck a deal for a $95 million revolving credit facility tied to sustainability. (Splash 247)
is building a five-story, 635,000-square-foot distribution center near Everett, Wash. (The Daily Herald)
Online sales of leggings for dogs are soaring. (Digital Commerce 360)
|