Supply-chain headaches for some retailers are turning into inventory windfalls for others. Off-price chains like Ross Stores and Burlington Stores are finding buying opportunities in the countless containers backed up at U.S. ports, the WSJ Logistics Report’s Lydia O’Neal writes, as they snap up apparel and merchandise that’s fallen out of season because of delivery delays. The shift in stocks is one sign of how the pandemic-driven turmoil in supply chains has fractured traditional business patterns. Retailers often sell off excess merchandise to discounters, and backlogs at ports and strains in distribution goods have left more seasonal goods in limbo. Inventory levels are inching back and supply chain bottlenecks are easing, but big brands are still coping with shortfalls because of disruptions from factories to rail yards. Ross CEO Barbara Rentler sees “more potential opportunities in front of us” as ships continue to wait on the water.

Businesses in China are trying to keep logistics operations running as the country imposes lockdowns to contain Covid-19 outbreaks. Contract electronics manufacturer Foxconn restarted some operations in Shenzhen, the WSJ’s Natasha Khan reports, as lockdowns hamper local delivery and trucking businesses while the industrial city’s sprawling port continues to operate. Chinese authorities have seen new coronavirus cases fall back, a critical development since China’s ability to contain the outbreaks could reverberate across the global economy. China’s state news agency reported that officials are trying to “keep the economy operating within a reasonable range.” But warehouses and other industrial sites around Shenzhen are closed this week and intercity deliveries are sporadic, raising concerns about the impact on global supply chains. Car maker Tesla is the latest to shut down assembly lines, suspending operations at its Shanghai Gigafactory for two days to test workers, according the South China Morning Post.

Here are recent developments following Russia’s invasion of Ukraine:

The fate of hundreds of Ukrainian civilians in Mariupol was unclear early Thursday after Russian forces bombed a theater where they had been sheltering from fighting in the southern port city. (WSJ)

Ukrainian President Zelensky called on international companies remaining in Russia to withdraw from the country. (WSJ)

The ship insurance market is in turmoil, with some underwriters staying clear of ships moving Russian crude and others hiking premiums 400% for oil transports through the Black Sea. (WSJ)

India is buying Russian crude oil at discount rates. (WSJ)

New York-listed Scorpio Tankers will continue to carry Russian crude cargoes. (TradeWinds)

Some Western marine service and equipment providers have strong ties to Russian shipyards. (Lloyd’s List)

Western oilfield services companies are maintaining their operations in Russia. (Financial Times)

For the latest updates from Russia and Ukraine, click here.

Amazon may be flying itself into a whole new business. The e-commerce giant has more than doubled the number of daily freighter flights it manages in less than two years, according to an analysis by DePaul University professor Joseph Schwieterman, giving it airlift that may soon rival the scale of FedEx, United Parcel Service and DHL. The WSJ’s Jon Sindreu writes in Heard on the Street that Amazon has more than 80 jets in its own fleet and access to more capacity through agreements with operators like Air Transport Services Group. The company so far hasn’t used its planes to offer package delivery to compete with the likes of UPS. But new routes seem increasingly designed not just to align with Amazon’s warehouse needs but also to close geographical gaps. That suggests ambitions to build a network that looks more like those of the private express carriers.

The U.S. Federal Reserve is lifting interest rates for the first time since 2018. (WSJ)

U.S. retail sales rose 0.3% in February in a sharp slowdown from the previous month. (WSJ)

The cost of imported goods into the U.S. rose 1.4% from January to February and 10.9% over the past year. (MarketWatch)

Loaded container imports though the ports of Los Angeles and Long Beach rose 3.5% in February from last year. (Dow Jones Newswires)

London's nickel market reopened after a week of standstill but then closed quickly due to a trading glitch. (WSJ)

Volkswagen is considering building an electric pickup truck in the U.S. (WSJ)

Starbucks wants to veer away from single-use paper and plastic cups and provide reusable ones to customers. (WSJ) 

Private-equity firm Sycamore Partners and Canada’s Hudson’s Bay plan to submit takeover bids for department store chain Kohl’s. (WSJ)

A fire engulfed a large Walmart distribution center outside Indianapolis, heavily damaging the structure but causing no injuries. (Indianapolis Star)

Japan’s imports surged 34% in February on rising energy shipments. (Kyodo)

Autonomous trucking startup TuSimple is looking to sell its business in China and focus on the U.S. market. (Reuters)

Asian regional container carrier Wan Hai Lines will issue $2 billion in bonds to fund a fleet expansion. (Lloyd’s List)

Experts are still trying to determine how to free the Ever Forward container ship stuck in the Chesapeake Bay. (NPR)

J.B. Hunt is boosting its intermodal container fleet by 40% in concert with capacity growth at BNSF Railway. (DC Velocity)

Northeast regional less-than-truckload carrier A. Duie Pyle is expanding into Virginia. (Journal of Commerce)

Handling-equipment supplier Zebra Technologies is buying automation tech specialist Matrox Imaging for $875 million. (Crain’s Chicago Business)

Paul Page is editor of WSJ Logistics Report. Write to him at paul.page@wsj.com.

Follow the WSJ Logistics Report team: @PaulPage, @pdberger. and @LydsOneal. Follow the WSJ Logistics Report on Twitter at @WSJLogistics.