OPEC warned that China’s reopening could be bumpier than expected. (WSJ)
A measure of New York state manufacturing activity fell this month to the lowest level since May 2020. (MarketWatch)
Whirlpool is turning over much of its appliance business in Europe to a new entity controlled by a Turkish appliance maker. (WSJ)
Technology and engineering company Emerson Electric is offering $7 billion to acquire National Instruments. (WSJ)
Japanese consumer-goods supplier Lion took a 36% stake in Vietnamese medical-products maker Merap Holding. (Nikkei Asia)
The Ocado Retail online fulfillment business jointly owned with Marks & Spencer is coping with overcapacity in its warehousing operations. (Financial Times)
The largest shareholder in Euronav is seeking the ouster of the tanker operator’s board. (Lloyd’s List)
Tanker owner International Seaways expects to report its best results ever for the fourth quarter. (TradeWinds)
Belgian authorities found 2.4 metric tons of cocaine on a Mediterranean Shipping container ship after investigating a false bomb threat against the vessel. (Maritime Executive)
FTR says more trucking companies folded in December than in any month since 2005. (Fleet Owner)
Trucker XPO Logistics named former Guggenheim Partners automotive analyst Ali Faghri chief strategy officer. (Transport Dive)
RoadOne Intermodal Logistics acquired Texas-based port trucker The Transporter for an undisclosed sum. (Journal of Commerce)
U.S. regulators warned big railroads of enforcement action if the carriers don’t improve their training and certification programs. (Trains)
Hopes for a Valentine’s Day boost for beleaguered airfreight operators are wilting. (The Loadstar)
Midwestern U.S. discount grocer Save A Lot is closing two distribution centers as it transitions to becoming a wholesale supplier. (Business Journals)
German freight forwarder Dachser acquired Dutch provider Transportgroep A. Muller. (ShippingWatch)
High school sports programs continue to have trouble getting equipment because of supply chain issues. (Transportation Today)
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