U.S. consumer prices rose 0.6% from February to March and were up 2.6% over the past 12 months. (WSJ)
China’s export growth slipped to 6.6% in March from stronger expansion in January and February. (WSJ)
Trucker Yellow named Darrel Harris president of the less-than-truckload operator. (Dow Jones Newswires)
Latin American vehicle importer and distributor Automotores Gildemeister filed for bankruptcy protection in the U.S. with a prepackaged reorganization plan. (WSJ)
Profit and sales at industrial parts supplier Fastenal returned to more traditional growth patterns. (MarketWatch)
French luxury goods maker Kering expects to complete the second phase of its global logistics hub in northern Italy by the end of the second quarter. (Sourcing Journal)
Air Canada will go ahead with aircraft purchases from Boeing and Airbus after gaining funding in a government aid package. (The Globe and Mail)
Taiwan Semiconductor Manufacturing suspended new orders from a Chinese supercomputing supplier placed on a U.S. national security watch list. (South China Morning Post)
Union Pacific is imposing a surcharge on intermodal rail shipments in California similar to levies usually added during the peak season. (Journal of Commerce)
India’s seaborne iron ore exports increased 47% in March to record tonnage. (Splash 247)
Hong Kong-based dry bulk carrier Pacific Basin’s quarterly earnings reached their highest level in a decade. (Lloyd’s List)
A crewmember on the MSC Gayane was sentenced to five years in prison for his role in an attempt to smuggle 20 tons of cocaine on the container ship. (Philly Voice)
An Israeli car carrier sailing in the Middle East reportedly escaped an attempted attack undamaged and continued on its voyage. (TradeWinds)
Japan’s largest ketchup supplier is boycotting tomatoes from China’s Xinjiang region. (Nikkei Asia)
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