Factories across Asia and Europe cut output and jobs at the fastest pace since the global financial crisis. (WSJ)
President Trump called for Congress to include $2 trillion in infrastructure spending in the next coronavirus relief package. (WSJ)
Lumber prices are declining on futures markets in a sign of a potential downturn in housing demand. (WSJ)
The consumer rush to groceries is fueling a rally in orange-juice prices, making the asset the best-performing commodity in the first quarter. (WSJ)
The Trump administration eased tailpipe emissions standards for cars. (WSJ)
Xerox Holdings is dropping its hostile bid to buy larger rival HP. (WSJ)
BorgWarner’s planned acquisition of fellow auto-parts supplier Delphi Technologies is at risk after Delphi drew down a $500 million dollar credit line to weather the pandemic. (WSJ)
Around 470,000 German businesses asked staff to work shorter hours in March. (WSJ)
Walmart will start taking temperatures of U.S. store workers at the start of each shift and offering masks to employees. (WSJ)
Liquefied natural gas prices in Europe and Asia are sliding on coronavirus-driven disruptions in demand. (Lloyd’s List)
Analysts say up to 200 very large crude carriers could be booked to store oil at sea this year. (TradeWinds)
U.S. average diesel prices have fallen nearly 23 cents a gallon in the past three weeks. (Logistics Management)
United Parcel Service pilots approved a two-year extension of their labor contract. (Atlanta Journal-Constitution)
Operators of Japan’s bullet trains are launching a package delivery service as the country’s couriers face a labor shortage. (Nikkei Asian Review)
China’s Alibaba Group Holding plans to take at least a 10% stake in courier Yunda Holding. (Reuters)
U.S.-Mexico cross-border freight broker Forager gained $10 million in a Series A funding round. (Journal of Commerce)
Amazon plans to open a second distribution center in central Arkansas. (Arkansas Democrat-Gazette)
A New York appeals court ruled that ruled that couriers for Postmates are employees of the food-delivery company. (HR Dive)
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