Initial weekly jobless claims in the U.S. declined to a new pandemic low. (WSJ)
Colonial Pipeline resumed deliveries after restoring fuel flows and expected to resume service throughout its entire system Thursday. (WSJ)
Canadian National is expected to sweeten its takeover bid for Kansas City Southern, as it seeks to outflank rival Canadian Pacific. (WSJ)
U.S. regulators approved Boeing’s fixes for an electrical problem that has grounded more than 100 737 MAX jets. (WSJ)
Food-delivery company DoorDash’s first quarter revenue tripled to $1.08 billion. (WSJ)
Daimler’s finance chief is divvying up the car maker’s finanical operations ahead of the spinoff of the trucks business. (WSJ)
Hundreds of barges were backed up on the Mississippi River after the U.S. Coast Guard halted vessel traffic because a crucial bridge developed a large crack. (CNN)
An investigation suggests seven suppliers to Apple are linked to alleged forced labor in China’s Xinjiang region. (The Information)
The logistics arm of Chinese e-commerce giant JD.com is seeking to raise $3.4 billion to $3.9 billion in an initial public offering in Hong Kong. (South China Morning Post)
Digital finance pioneer PayPay acquired reverse logistics specialist Happy Returns. (DC Velocity)
Electric-vehicle startup Lion Electric will build a factory in Joliet, Ill., to scale up bus production. (FleetOwner)
FedEx is raising its international peak surcharges and warning European customers of delivery delays to the U.S. (Lloyd’s Loading List)
Maersk Line is seeking a sustainable business model for its ocean business even as the carrier focuses on fast-growing logistics services. (Lloyd’s List)
South Korean shipbuilders raised prices for very large crude carriers by 15% and pushed delivery slots to 2024. (TradeWinds)
Norfolk Southern issued $500 million in bonds to fund its sustainable business initiatives. (Railway Age)
C.H. Robinson Worldwide acquired European perishables goods transporter Combinex Holding. (Fruitnet)
German last-mile fulfillment firm ParcelLab raised $112 million in a Series C funding round led by Insight Partners. (TechCrunch)
Trucking companies are embracing memes and other social media tools to recruit drivers. (Transport Dive)
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