China’s factory output and consumer spending tumbled in April, while growth in infrastructure investment slowed sharply. (WSJ)
U.S. health regulators moved to allow more foreign infant formula to be imported into the country. (WSJ)
Electric-vehicle startup Rivian is suing a supplier of seats, warning that a pricing dispute could affect production of an electric van ordered by Amazon. (WSJ)
JetBlue plans to launch a hostile takeover attempt for discount passenger airline Spirit. (WSJ)
Vietnam’s apparel manufacturers are facing difficulties getting raw materials from China. (Sourcing Journal)
Israeli electric vehicle start-up REE plans to build a factory in Coventry in the U.K. (Financial Times)
Cosco Shipping Ports is extending China’s Belt and Road initiative with plans for a new deep-water port in Peru. (Nikkei Asia)
The growth of U.S. import containers through East Coast ports is outpacing inbound volumes on the West Coast. (The Loadstar)
The head of the East Coast dockworkers’ union warned against further automation at ports as West Coast contract talks began. (Journal of Commerce)
Clarksons says charter rates for ocean car carriers have hit record highs. (TradeWinds)
Florida utility Tampa Electric has curtailed coal-fired generation at a power plant because of what it says are delayed rail shipments. (Trains)
The parent of Emirates Airlines lost $1.1 billion in the fiscal year ending March 31 as revenue nearly doubled to $16.1 billion. (Associated Press)
Pietro Satriano is stepping down as CEO of food distributor US Foods and Chief Commercial Officer Andrew Iacobucci will be interim CEO. (Modern Distribution Management)
Hyundai Motor and California-based pharmacy startup NowRX are testing prescription medication delivery through automated logistics services. (DC Velocity)
Ireland-based procurement automation startup Keelvar raised $24 million in a Series B funding round. (TechCrunch)
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