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Orders for long-lasting manufactured goods in the U.S. rose 0.5% in March after a decline in February. (WSJ)
DSV Panalpina is acquiring the logistics division of Kuwait's Agility Public Warehousing in a $4.1 billion deal creating the world’s third-largest freight forwarder. (Reuters)
Energy giant Total declared force majeure on its $20 billion liquefied natural gas project in Mozambique, leaving orders for 17 new LNG carriers in limbo. (Dow Jones Newswires)
Apple plans to build a research and engineering hub in North Carolina as part of a series of investments planned in the U.S. (WSJ)
Apple will place a $100 million distribution center outside Indianapolis that will be operated by XPO Logistics. (Indianapolis Star)
Ride-hailing business Lyft is selling its self-driving division to a unit of Toyota for $550 million. (WSJ)
Car dealership chain Lithia Motors is accelerating its pace of regional dealer acquisitions as it looks to bolster its inventory levels. (WSJ)
Nearly half of German manufacturers in a survey reported disruption to the supply of parts or materials in the past month. (Financial Times)
Same-store sales at Albertsons rose 12% last quarter but the grocery chain fell to a $144.2 million net loss. (Dow Jones Newswires)
The Surface Transportation Board ruled Canadian Pacific's proposed takeover of Kansas City Southern can be considered under older, less stringent antitrust guidelines. (Railway Age)
Kansas City Southern’s board will begin talks with Canadian National over the company’s proposed buyout offer. (Progressive Railroading)
A.P. Moller-Maersk sharply raised its 2021 earnings outlook after a preliminary report of strong growth in first-quarter revenue and operating earnings. (ShippingWatch)
Sea-Intelligence expects capacity constraints resulting from the Suez Canal blockage to last into June. (Supply Chain Dive)
An analysis shows that lifting of U.S. sanctions on Iran would release as many as 218 tankers into the crude shipping market. (Lloyd’s List)
Georgia’s Port of Savannah is accelerating its capacity expansion plans. (Journal of Commerce)
Kuehne + Nagel International more than doubled its net profit to $348 million on a 22% gain in turnover. (The Loadstar)
Dutch postal provider PostNL raised its outlook after preliminary results showed operating earnings rising sharply. (Post & Parcel)
Alfa Romeo says the complicated logistics behind Formula One racing have grown more challenging under the pandemic. (Planetf1)
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