Bank of England cuts rates to cushion the economy from impact of the coronavirus.
Japan unveiled a multibillion-dollar economic plan to respond to the novel coronavirus. (WSJ)
Businesses are bracing for a longer and more severe coronavirus-triggered downturn than initially anticipated. (WSJ)
A stranded Chinese trucker became an unlikely hero of the coronavirus lockdown. (WSJ)
U.S. airlines are slashing flights and parking planes as the coronavirus curbs travel. (WSJ)
New York is deploying National Guard troops to establish a “containment area” in a suburb at the center of the state’s coronavirus outbreak. (WSJ)
Dick’s Sporting Goods will stop selling firearms in more than half its stores. (WSJ)
FedEx Chief Financial Officer Alan Graf Jr. is retiring. (WSJ)
Cancelled sailings from China are returning to normal levels, according to SeaIntelligence. (Lloyd’s List)
Greek shipowner Evangelos Marinakis has coronavirus. (Splash 247)
Cathay Pacific is using idled passenger planes as freighters to move cargo between Hong Kong and China. (Cargo Facts)
Florida-based BlueGrace Logistics is buying freight broker Anthym Logistics. (BizJournals)
The 25 largest U.S. truckload carriers generated $32.4 billion in combined revenue in 2019, up 0.2% from the previous year. (Journal of Commerce)
Railroads are developing software for AI-powered autonomous freight trains. (Seattle Times)
Freight-tracking startup Overhaul raised $17.5 million in funding.
(NJBiz)
Orders for manufacturing technology fell 32% in January, an industry group said. (Industry Week)
Amazon is building a robotics fulfillment center and a cross-dock facility in Suffolk and Chesapeake, Virginia. (WAVY)
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