Competition in the parcel delivery sector is growing even if consumer demand is lagging. Upstart package carrier OnTrac is rolling out weekend deliveries as it looks to expand its nationwide presence, even as the big package carriers are scaling back some services to cut costs. The WSJ’s Esther Fung reports that OnTrac says it is responding to its customers, including consumer goods and apparel merchants, as well as meal-kit providers who can use an extra day of shipping. Those services have come under tighter scrutiny at big operators as United Parcel Service and FedEx have adjusted their networks to slowing e-commerce growth. FedEx has scaled back its Sunday deliveries while UPS delivers on Sunday through a partnership with the U.S. Postal Service. OnTrac’s move suggests it sees an opening in the market, but the challenge will be achieving the scale it needs to make the service pay off.

• Amazon will work with Eli Lilly to deliver the drug maker’s anti-obesity drug Zepbound to customers’ homes. (WSJ)

The renewable-energy sector is trying to scale up and an aerospace engineer is working on a very big transportation plan that would help. Mark Lundstrom and his Colorado-based startup Radia are designing a gargantuan cargo plane that, if completed, would be the world’s largest aircraft by length and cargo volume. The WSJ’s Jennifer Hiller and Brian McGill report that the plane’s purpose would be to carry wind turbine blades the length of football fields. The blades, among the world’s longest, are currently used only for offshore projects because of transportation limitations. The super-sized blades can’t move by rail or truck and even transporting them offshore requires specialized vessels. Designs suggest the four-engine WindRunner would resemble the military C-5 cargo plane and the oversized freighters from the Antonov Design Bureau. Radia has already built its own scale, raising $104 million in funding and gaining a valuation of $1 billion.

The U.K. economy expanded 0.2% in January after contracting in the second half of last year. (WSJ)

Dollar Tree will close about 600 of its Family Dollar stores this year and a total of 400 Family Dollar and Dollar Tree stores in coming years. (WSJ)

Alcoa agreed to acquire Alumina in a deal that values the Australian commodities company’s equity at roughly $2.2 billion. (WSJ)

Electric-vehicle startup Fisker is working with restructuring advisers on a possible bankruptcy filing. (WSJ) 

Cathay Pacific swung to its first annual profit since the pandemic amid strong travel demand. (WSJ)

The U.K. and Texas struck a trade agreement after talks on a broader U.S. pact faltered. (Agence France-Presse)

Volkswagen is considering partnering with other carmakers to produce cheaper electric vehicles to help it compete with lower-cost rivals from China. (Financial Times)

Nissan and Honda are considering joint development and procurement for electric vehicles. (Nikkei Asia)

South Korea dropped its effort to privatize container line HMM. (TradeWinds)

Commodities giant Cargill is looking to add wind-power capability on future ships after successful tests of a retrofitted bulk vessel. (Bloomberg)

Israeli container line Zim swung to a $147 million loss in the fourth quarter as revenue plummeted 45% to $1.2 billion. (The Loadstar)

Auctioneers began the liquidation sale of tens of thousands of trucks, trailers and other pieces of equipment from failed trucker Yellow. (Logistics Management)

Freight rail transload specialist Savage acquired Pacific Northwest-focused Cascade Warehousing. (Railway Age)

Uber Freight is stepping up efforts to expand its managed transportation business in Europe. An item in yesterday’s newsletter incorrectly referred to the operations as truck brokerage.

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

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