Inflation in the U.S. reached a four-decade high last month, growing at a 7.5% annual rate. (WSJ)
OPEC says stockpiles of oil in the largest consuming nations slumped in December, as crude supply lags behind rising global demand. (WSJ)
A study shows China bought none of the $200 billion in U.S. goods promised under an agreement with the Trump administration. (MarketWatch)
Quarterly sales revenue at Coca-Cola and PepsiCo jumped as higher prices offset increasing commodities and shipping expenses. (WSJ)
Consumer-goods supplier Unilever says rising costs will sharply reduce its profit margins this year. (WSJ)
Uber’s chief financial officer said the company expects to be cash flow positive by the end of this year. (WSJ)
A California regulatory agency is suing Tesla over alleged racial discrimination and harassment. (WSJ)
Siemens is selling its mail and parcel handling automation business to German technology group Koerber. (Reuters)
Sherwin-Williams is expanding paint production and distribution capacity in North Carolina. (Supply Chain Dive)
Walmart wants suppliers to use RFID tags to track inventory for more goods. (Forbes)
Norwegian car carrier Höegh Autoliners swung to a $140 million net profit in the fourth quarter as revenue grew by a third. (Lloyd’s List)
Swedish tanker operator Concordia Maritime lost $8.9 million on an operating basis last year. (ShippingWatch)
Israeli shipping line Zim is chartering 13 container ships from Navios Partners. (TradeWinds)
Supply-chain technology provider Descartes is buying customs filing software specialist NetCHB for $40 million. (Modern Distribution Management)
French logistics visibility company Shippeo is expanding operations in North America. (Journal of Commerce)
Truckload carrier Covenant Logistics is buying hazardous materials specialist AAT Carriers. (MarketWatch)
Truckload carrier US Xpress reported a $5.1 million fourth quarter operating loss as revenue rose 16.7%. (Dow Jones Newswires)
U.K.-based airport ground handler John Menzies rejected the latest unsolicited takeover bid from Agility arm NAS Holding. (Air Cargo News)
An Interstate exchange in Fort Lee, N.J., was named the worst bottleneck in the U.S. for the fourth straight year. (Commercial Carrier Journal)
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