U.S. consumer spending is expected to weaken in 2019 after a strong 2018 holiday season. (WSJ)
CSX Corp.'s fourth-quarter net profit rose 9.8% to $3.14 billion. (WSJ)
Canadian crude prices have surged to trade at the smallest discount to U.S. oil in a decade. (WSJ)
Federal prosecutors are investigating China’s Huawei Technologies Co. for allegedly stealing trade secrets. (WSJ)
The Trump administration will lift sanctions on three Russian companies, easing concerns in global aluminum markets. (WSJ)
Retail chain Shopko filed for bankruptcy protection and plans to close 38 stores. (WSJ)
Regulators say Nine West Holdings Inc.’s bankruptcy exit proposal unfairly shields the retailer’s lenders, officers and private-equity owners from liability. (WSJ)
Novo Nordisk A/S is taking steps to ensure diabetes patients in the U.K. don’t run out of insulin after Brexit. (Bloomberg)
France is facing a shortage of customs brokers as it gears up for Brexit. (Lloyd’s Loading List)
Efforts by India and Vietnam to boost rice exports are fueling a price war for the commodity. (Nikkei Asian Review)
French retailer Carrefour SA is installing cameras in supplier slaughterhouses to ensure ethical animal treatment. (MarketWatch)
CMA CGM is taking an equity stake in a startup that builds farms in shipping containers. (Fruitnet)
China is expanding its access to ports in Pakistan and Sri Lanka. (Economic Times)
Maersk Line and Mediterranean Shipping Co. are making permanent their switch from the U.K.’s Port of Felixstowe to Liverpool. (Seatrade Maritime)
Philippine President Rodrigo Duterte is considering a government takeover of the nation’s largest shipyard. (Splash247)
Privately-held Ineos is investing $3.4 billion in two new petrochemical facilities at the Port of Antwerp. (Financial Times)
A subsidiary of China’s Shandong Shipping Co, ordered 10 large dry-bulk vessels from Dalian Shipbuilding Industry Co. (Lloyd’s List)
Loaded container exports from the Port of Oakland fell 10.1% in December, the ninth decline in 10 months. (San Francisco Chronicle)
India’s e-commerce sector could lose $46 billion in sales by 2022 under new national restrictions on foreign investment. (Reuters)
United Parcel Service Inc. named former DB Schenker executive Philippe Gilbert as president of Supply Chain Solutions. (American Journal of Transportation)
Canadian e-commerce company Bold Commerce raised $16.5 million in new funding. (Venture Beat)
Blockchain logistics startup OpenPort is out of funds and liquidating. (The Loadstar)
Delivery logistics platform Bringg raised $25 million in a new round of funding. (DC Velocity)
MUFG Union Bank is buying supply chain finance platform Trade Payable Services from GE Capital. (American Banker)
Energy company POTAC LLC acquired land for a new operation near its terminal in Corpus Christi, Texas. (Progressive Railroading)
Large plastic chemical manufacturers formed a nonprofit and committed $1 billion to combat plastic waste. (Houston Chronicle)
The world’s oldest clove was discovered at the site of an ancient port in Sri Lanka. (Quartz)
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