General Electric Co. changed the structure of the planned spinoff of its transportation division by taking a larger stake in the new company. (WSJ)
Walgreens Boots Alliance Inc. won the bidding for about half of bankrupt retailer Shopko’s approximately 120 pharmacies. (WSJ)
Versum Materials Inc.is in talks to combine with Entegris Inc., in a deal to unite two chemical companies that make critical semiconductor components. (WSJ)
Mobile communications giant Vodafone Group PLC is suspending purchases of some components made by Huawei Technologies Co. (WSJ)
Steep inventory reductions by retailers cut into spice maker McCormick & Co.'s fourth-quarter earnings. (WSJ)
Chinese auto makers are poaching designers from foreign firms to make their cars more appealing. (WSJ)
Colgate-Palmolive Co. expects earnings to fall in 2019 amid higher raw-material prices and global economic uncertainty. (WSJ)
The Ceva Logistics board rejected a CMA CGM SA takeover offer at about $30 a share. (Air Cargo News)
Some Amazon Flex drivers say jobs are drying up as the company contracts out more deliveries. (San Francisco Chronicle)
Global auto makers are struggling with Vietnam’s toughened regulations on car imports. (Nikkei Asian Review)
Mall-focused retailer Things Remembered Inc. is preparing to file for bankruptcy protection and shutter most of its roughly 400 stores. (Reuters)
California produce supplier Uesugi Farms ceased operations. (The Packer)
Applied DNA Sciences Inc. will distribute its sourcing authentication technology to textile manufacturers in Asia. (Sourcing Journal)
Teachers protesting pay levels have been blocking freight train tracks to Mexico’s Port of Lazaro Cardenas. (Mexico News Daily)
Port of Los Angeles longshore workers are protesting plans by APM Terminals to introduce automation in cargo handling. (Daily Breeze)
Dock workers at Swedish ports staged a series of strikes and other job actions. (The Local)
Mediterranean Shipping Co. secured $439 million in financing from five banks to install sulfur-emissions scrubbers on 86 container ships. (Shipping Watch)
The Port of Oakland's TraPac marine terminal finished a $67 million expansion that nearly doubled its size. (DC Velocity)
The president and the chief financial officer of China’s Weihai Port were arrested on corruption charges. (Splash 247)
Canadian Pacific Railway Ltd.’s fourth-quarter operating profit jumped 28% on strong gains in energy and coal shipments. (Progressive Railroading)
Trucker Covenant Transportation Group Inc.’s fourth-quarter net profit soared 85% to $17 million. (Chattanooga Times Free Press)
British trucker Simon Widdowson shut down after what its administrator said was a failed move into freight forwarding. (Motor Transport)
Freight operators DB Cargo and Maritime Transport will cooperate on a single intermodal service out of two U.K. ports. (The Loadstar)
Virginia officials are considering intermodal truck-trail operations as an alternative to widening Interstate 81. (Martinsville Bulletin)
North Dakota officials want to study the use of lengthy “road trains” for transporting commodities like potatoes. (Williston Herald)
|