Honda is nearing a deal to assemble electric vehicles and components in Ontario, Canada. (WSJ)
Kroger and Albertsons will sell more than 160 additional stores under a plan aimed at appeasing competition regulators and closing their merger. (WSJ)
Apparel retailer Express filed for chapter 11 bankruptcy with plans to shutter a raft of stores and sell the bulk of its remaining locations and operations. (WSJ)
South Korea’s exports jumped 11.1% in April, boosted by surging semiconductor and automotive shipments. (Bloomberg)
Russia’s Norilsk Nickel will move some copper smelting production from the country to China to cope with the impact of sanctions. (Financial Times)
Russian state-owned tanker operator Sovcomflot’s profits more than doubled last year to $942 million. (TradeWinds)
Authorities in Baltimore opened a third temporary shipping channel at the site of the Key Bridge collapse. (WBAL)
The U.K. will provide about $9.9 million to study smart shipping technologies including artificial intelligence. (Splash 247)
Scott Wine stepped down as CEO of CNH and the farm equipment maker named Gerrit Marx, CEO of truck manufacturer Iveco, as his replacement. (Barron’s)
British authorities granted workers at an Amazon warehouse in Coventry the right to vote on unionization. (The Guardian)
Online fast-fashion retailer Shein will work with freight forwarder Flexport to offer end-to-end logistics services. (Chain Store Age)
A sustainability group says garments certified by Better Cotton came from deforested land and were sold by H&M and Inditex. (Retail Dive)
Truckload carrier P.A.M. Transportation swung to a $700,000 operating loss in the first quarter as revenue fell 17.6%. (Trucking Dive)
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