The Federal Reserve held short-term interest rates steady while signaling intentions to raise them in March. (WSJ)
U.S. imports expanded 2% in December, helping push the trade deficit for the full year beyond $1 trillion. (MarketWatch)
Federal regulators said Amazon workers pushing to unionize a distribution center in New York won enough support to hold an election. (WSJ)
BJ’s Wholesale is buying warehouses and other assets from distribution services provider Burris Logistics. (WSJ)
Boeing says production problems and delivery delays with its 787 Dreamliner jet will cost it another $4.5 billion. (WSJ)
Canadian grocery chain Metro says vaccine mandates for truckers have raised transportation costs but haven't affected the shipment of goods to stores. (Bloomberg)
A survey shows that respect by the British public for truck drivers and logistics workers has grown during the pandemic. (Financial Times)
Consulting firm Kearney says supply-chain challenges could cost North American apparel and footwear brands between $9 billion and $17 billion in lost earnings. (Retail Dive)
Container lines are showering workers with bonuses and pay raises after a banner year for earnings. (Fortune)
Sea-Intelligence says on-time performance for ocean carriers fell to a record low in December. (Journal of Commerce)
Pacific International Lines placed its first order for new ships in seven years. (Lloyd’s List)
Lufthansa Cargo suspended transit bookings through its Frankfurt Airport hub because of Covid issues. (The Loadstar)
Trucker Knight-Swift Transportation’s fourth-quarter profit jumped nearly 79% to $254.6 million on a 42% gain in revenue. (Dow Jones Newswires)
Flatbed trucker Daseke says it has 10 potential targets in its acquisition pipeline. (Transport Dive)
Norfolk Southern’s fourth-quarter net income rose 13.2% to $760 million as rising revenue offset an 8.4% increase in expenses. (MarketWatch)
Norfolk Southern named board member Amy Miles the freight railroad’s non-executive chairwoman. (Dow Jones Newswires)
Canadian National’s fourth-quarter earnings increased 11% despite a 10% drop in carload volume. (Trains)
A federal judge granted BNSF Railway a temporary restraining order blocking two unions from striking. (Fort Worth Star-Telegram)
Japanese forwarder Yamato Transport will start operating domestic freighters with Japan Airlines. (Air Cargo News)
Warehouse automation provider Vecna Robotics raised $65 million in a funding round led by Tiger Global Management. (TechCrunch)
Myron P. "Mike" Shevell, a veteran of nearly 75 years in trucking who was chairman of New England Motor Freight, died at 87. (Logistics Management)
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