A large majority of European business executives in a survey say a global economic recovery from the coronavirus crisis will take one to three years. (WSJ)
J.C. Penney plans to close more than 240 stores, or nearly 30% of its locations, as it streamlines under bankruptcy protection. (WSJ)
Home Depot Inc. reported a strong first quarter, outpacing revenue projections. (WSJ)
Detroit’s automakers plan to quickly test workers with coronavirus symptoms as they reopen U.S. plants this week. (WSJ)
Smaller craft brewers with limited distribution networks are failing as mainstream beers with large supply chains thrive under coronavirus lockdowns. (WSJ)
Panasonic and Tesla have revived talks on investment to boost electric-vehicle battery output at the Gigafactory in Nevada. (Nikkei Asian Review)
Apparel order cancellations are triggering pain across supply chains, from suppliers in Asia to cotton producers. (Financial Times)
The U.K. will provide funding to safeguard 16 “vital” freight routes in danger of closure due to falling demand because of the coronavirus lockdowns. (Lloyd's List)
IKEA’s shopping mall business is looking to buy centrally-located properties in major U.S. cities. (Reuters)
FedEx and Microsoft will work together on technology to improve the tracking of goods. (CNBC)
Declining gasoline and diesel demand has left refineries with large volumes available for low-sulfur maritime fuel. (Journal of Commerce)
Cost per delivery for Chinese e-commerce giant JD.com reached an "all-time low" in the first quarter. (Supply Chain Dive)
DHL Supply Chain plans to build two large distribution centers near the Alliance Airport outside Dallas. (Dallas Morning News)
DB Cargo’s freight rail volumes in Europe were down 35% from a year ago halfway through April. (Rail Freight)
Luxury apparel supply chain software specialist Dedagroup Stealth acquired U.K.-based enterprise resource planning provider Zedonk. (Sourcing Journal)
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