Suez Canal authorities say they have cleared the massive traffic backlog and that vessel traffic through the waterway has returned to normal. (WSJ)
Suez Canal engineers worked around the clock to dig out the huge Ever Given container ship, battling high winds and strong tides. (WSJ)
U.S. hiring surged in March, the start of what economists say could be a sustained run of job growth. (WSJ)
Worker productivity in the U.S. may be about to accelerate thanks to pandemic-induced technological adoption. (WSJ)
Air Canada dropped its proposed acquisition of Transat after European antitrust authorities signaled opposition. (WSJ)
John Krafcik is leaving Alphabet after more than five years as chief executive of self-driving vehicle business Waymo. (WSJ)
Pioneer Natural Resources is buying DoublePoint Energy for $6.4 billion in a sign of renewed interest in smaller shale drillers. (WSJ)
Chinese electric vehicle manufacturer BYD will start selling batteries to other companies as early as the second half of this year. (Nikkei Asia)
Maersk is suspending spot bookings and short-term contract shipments from many export markets in the wake of the Suez Canal blockage. (Seatrade Maritime)
Oil transports and rates for medium-range tankers are soaring on surging Chinese exports and rising U.S. Gulf flows. (Lloyd’s List)
Google is seeking to market itself as an anti-Amazon, offering a cheaper and less restrictive e-commerce option for independent merchants. (New York Times)
Amazon has considered opening permanent and pop-up outlets to move unsold inventory from its warehouses. (Bloomberg)
Amazon apologized after mocking claims that its warehouse employees sometimes resorted to urinating in plastic bottles. (Financial Times)
Chinese online grocery platform Nice Tuan raised $750 million in a funding round led by Alibaba and DST Global. (DealStreetAsia)
U.K. truckers with liquefied natural gas-fueled vehicles say BOC has stopped supplying the market. (Motor Transport)
Trucking payment platform provider TriumphPay is buying transportation software supplier HubTran for $97 million. (DC Velocity)
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