U.S. filings for weekly unemployment benefits rose but remained near their lowest levels since the pandemic’s onset. (WSJ)
Copper prices have fallen about 7% from a near-decade high hit in late February. (WSJ)
OPEC and an alliance of other top oil producers agreed to boost their collective production over the next three months. (WSJ)
China is merging chemical giants Sinochem and China National Chemical, paving the way for another supersized state-run company. (WSJ)
Microsoft will build custom augmented-reality headsets for the U.S. Army in a deal worth up to $21.9 billion. (WSJ)
Johnson & Johnson says a batch of the main ingredient for its new Covid-19 vaccine didn't meet quality standards at contract manufacturer Emergent BioSolutions, and the doses weren’t distributed. (WSJ)
Memory-chip makers Micron and Western Digital are weighing a bid to buy rival Kioxia. (WSJ)
Nissan intends to start using cobalt-free electric-vehicle batteries by the mid-2020s. (Nikkei Asia)
Container shipping lines expect the backlog of vessels at the Suez Canal to be cleared by the weekend. (Lloyd’s List)
DHL says airfreight demand is "at a very high level" as knock-on effects from the Suez Canal blockage pressed already-tight capacity. (Dow Jones Newswires)
The owner of the Ever Given issued a General Average declaration that limits liability on shipper claims. (The Loadstar)
Egypt is considering filing a claim for up to $1 billion in damages from the blockage of the Suez Canal. (Splash 247)
Grocery chain Kroger expects to double its digital sales by 2023. (Modern Retail)
Southeast Asian e-commerce logistics firm J&T Express raised $2 billion in a funding round led by two large Chinese private-equity investors. (The Information)
Online furniture retailer Wayfair is building a 1.2 million-square-foot distribution center in Aberdeen, Md. (WBAL)
U.K. logistics provider Wincanton issued an upbeat outlook for earnings for the year ending March 31. (Evening Standard)
An insurance industry report shows Americans are driving less but are more distracted on the road. (Commercial Carrier Journal)
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