Consumer inflation in the U.S. rose 3.5% last month from a year ago. (WSJ)
Delta Air Lines expects strong summer travel demand after swinging to a $37 million profit in the first quarter. (WSJ)
U.K. grocer Tesco is projecting rising profits on improving consumer demand as inflation tapers off. (WSJ)
Embattled fashion retailer Esprit is in talks with an international private-equity firm on prospective investment. (WSJ)
Taiwan’s exports jumped 18.9% in March, the fastest pace in two years. (Bloomberg)
Authorities plan to open a third temporary channel to the Port of Baltimore this month. (Associated Press)
The Global Port Tracker projects container imports into major U.S. ports will grow 11% in the first half of this year. (Logistics Management)
Rates in new trans-Pacific container contracts are coming in substantially below initial asking prices. (Splash 247)
Malaysia’s Port Klang plans to nearly double container capacity in coming decades to lure maritime trade from neighboring Singapore. (Nikkei Asia)
Sri Lanka’s Hambantota International Port began container operations as an alternative to Colombo. (The Loadstar)
Six senior executives have left tanker and dry-bulk ship operator Norden in the past month. (ShippingWatch)
Truckers Schneider National and C.R. England and equipment makers Cummins, Paccar and Daimler Truck took part in a $120 million funding round for fleet management tech provider Platform Science. (DC Velocity)
A joint venture of Chevron and Bunge broke ground on an oilseed processing facility in Louisiana. (Biodiesel)
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