Transportation management firm Transplace named former Walmart Inc. supply-chain executive Tracy Rosser executive vice president of operations. (WSJ)
The German economy expanded at a 1.7% annualized rate in the first quarter. (WSJ)
The state-run Korea Development Institute lowered its growth forecast for South Korea this year to 2.4% from 2.6%. (WSJ)
The U.S. is considering expanding the list of Chinese companies on a blacklist for U.S. suppliers amid escalating tensions between the countries. (WSJ)
Target Corp.’s first-quarter sales rose on digital efforts but higher supply-chain and fulfillment expenses cut into margins. (WSJ)
Lowe’s Co. trimmed its profit outlook after reporting higher sales but falling margins in the most recent quarter. (WSJ)
L Brands Inc. raised its profit outlook as quarterly sales at its Bath & Body Works operation jumped 13%. (WSJ)
Treasury Secretary Steven Mnuchin says he has encouraged firms to redirect their supply chains and source their China-made products elsewhere. (New York Times)
Singapore downgraded its economic outlook after reporting its slowest quarterly growth in nearly a decade. (Straits Times)
Japan's Toshiba Corp. says it has suspended shipments of electronic devices to Huawei Technologies Inc. (Nikkei Asian Review)
Southwest Airlines mechanics approved a labor contract that provides 20% in wage increases over five years. (Associated Press)
United Parcel Service Inc. agreed to buy 170 million gallon equivalents of natural gas from Clean Energy Fuels Corp.. (Logistics Management)
Russia canceled logistics subsidies for transporting finished vehicles from the Far East to the European part of the country. (Automotive Logistics)
Japanese shipping giant Kawasaki Kisen Kaisha Ltd. cut management pay after reporting heavy losses for 2018. (Lloyd’s List)
Shipping line Zim cut its first-quarter loss by a third to $17.5 million. (American Shipper)
A French company is introducing the first hydrogen-powered river transport vessel. (Ship & Bunker)
Sri Lanka is expected to ratify an agreement to have India and Japan operate a container terminal at Colombo’s deep-water port. (Seatrade Maritime)
Warehouse technology supplier Zebra Technologies Corp. acquired forecasting analytics provider Profitect. (Modern Materials Handling)
Royal Mail PLC is replacing 1,400 mailboxes with boxes that can accommodate parcels. (Post & Parcel)
Discount retail chain Stein Mart is installing Amazon.com Inc. lockers in 200 of its stores. (TechCrunch)
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