Two gauges of China’s manufacturing activity slowed in January and a measure of new factory orders fell deeper into contraction. (WSJ)
U.S. consumer spending fell 0.6% in December despite rising personal income. (WSJ)
U.S. employment costs rose last year at the fastest pace in two decades. (WSJ)
Eurozone economic output slowed sharply to 1.6% growth in the fourth quarter. (WSJ)
The Biden administration is weighing potential sanctions on Russia that would include export controls on key sectors such as advanced microelectronics. (WSJ)
Caterpillar’s order backlog increased 60% from a year ago as supply constraints limited its ability to meet strong demand for construction equipment. (WSJ)
Protestors led by a group of truckers gathered in Ottawa in opposition to Canada’s Covid-19 vaccine mandates. (WSJ)
The Renault-Nissan-Mitsubishi car-making alliance plans to spend $25.7 billion on electric vehicles over five years. (WSJ)
Grupo Aeromexico was given the go-ahead to exit chapter 11 bankruptcy protection. (WSJ)
Snack maker Mondelez International says its price increases aren’t keeping pace with the rising costs of its ingredients and transportation. (WSJ)
Online cosmetics startup Glossier is laying off more than a third of its corporate workforce. (WSJ)
Shopify denies it is liable for alleged copyright and trademark infringement by online sellers using its online retail platform. (WSJ)
Liquefied natural gas carriers are rushing into Europe in larger numbers as the growing Ukraine crisis threatens to cut off Russian supplies. (Nikkei Asia)
Chinese and South Korean shipbuilders won 36 orders for container ships with a combined value of $7.6 billion in January. (Lloyd’s List)
Chinese furniture maker Loctek will buy and operate a new container ship for $32.6 million to take better control of its logistics operations. (TradeWinds)
Germany’s Port of Hamburg completed an expansion of the Elbe River waterway to accommodate larger ships. (Maritime Executive)
More than half of companies in a survey plan to increase their freight procurement budgets by more than 25% this year. (DC Velocity)
Walmart is adding a 1 million-square-foot distribution center to its extensive logistics space in the Houston area. (Houston Chronicle)
Echo Global Logistics CEO Doug Waggoner says Covid-19 issues are cutting into the availability of truck drivers. (Logistics Management)
Supplies of 53-foot truck chassis in the U.S. are tight amid growing demand for domestic container transport. (Journal of Commerce)
Potato farmers in Maine are shipping their goods by rail for the first time in 40 years because the harvests are so large. (Bangor Daily News)
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