European Union economic growth slowed slightly to 1.5% in the first quarter on declining exports. (WSJ)
Copper prices are at a four-year high amid concerns over supplies. (WSJ)
China’s trade surplus with the U.S. rose 11% last month, likely because trade tensions caused some companies to frontload shipments. (WSJ)
The Honest Co. will use a new $200 million investment to expand globally and build up its supplies of consumer goods. (WSJ)
McDonald’s Corp. is planning a fresh round of layoffs to further shrink its corporate structure. (WSJ)
Three tire-cord manufacturing companies say they will have to close U.S. plants and lay off hundreds of workers without exemptions from steel tariffs. (Arkansas Democrat Gazette)
Recreational vehicle manufacturer Thor Industries says tariffs are raising the company's components prices. (CNBC)
Mexican steel producers and suppliers have suspended exports to the U.S. and negotiations with American buyers. (Platts)
Burlington Stores Inc. is adding 35 to 40 retail outlets this year after sharply improving sales and inventory turnover. (Supply Chain Dive)
Rent the Runway is extending its apparel-leasing logistics tools to luxury brands. (Fast Company)
The chief executive of Mediterranean Shipping Co. wants antitrust authorities to look at whether state-backed carriers are distorting markets. (Lloyd’s List)
South Korea’s state-sponsored ship finance arm will provide $251 million in subsidies for domestic shipping lines to upgrade their fleets. (Splash 247)
Illinois will spend $240 million on a series of projects aimed at improving freight flows through the state. (Associated Press)
Canada approved new freight rail regulations granting shippers greater flexibility to switch carriers when facing service delays. (Reuters)
Freight railroad CSX Corp. is selling six rail segments totaling 650 miles. (Logistics Management)
Developers are planning a large fulfillment center outside Spokane, Wash., dubbed “Project Rose” and widely believed to be for Amazon.com Inc. (Spokesman-Review)
Private equity firm The Jordan Company LP bought freight broker GlobalTranz Enterprises Inc. for about $400 million. (DC Velocity)
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