BYD’s ambitious plans to export its automotive success in China to overseas markets are stuck, in part, at warehouses in Europe. More than 10,000 of the Chinese automaker’s cars are waiting at storage sites for sales authorization certificates, the WSJ’s Selina Cheng, River Davis and Raffaele Huang report, part of an array of logistics and quality issues the company has faced as it seeks to become a global force. Executives at BYD, which overtook Tesla last year as the top global seller of EVs, say the big challenges include weak market demand, pricing and quality control. The company’s inexperience shows in some problems, such as the handling of mold in imported cars and the piling up of thousands of vehicles in European warehouses. BYD is trying to correct the problems, but many fixes won’t work for the kind of large-scale business BYD hopes to build.

• The United Steelworkers and other labor groups asked the U.S. to act against “unreasonable and discriminatory acts” China is using to distort global maritime, logistics and shipbuilding sectors. (Financial Times)
• Porsche warned that investments in electric and hybrid models will squeeze the car maker’s margins this year. (WSJ)

Boeing’s problems are starting to reach U.S. airborne supply chains. Passenger airlines are cutting back flights and tempering plans to hire pilots and crews as they prepare to receive fewer Boeing planes than they had planned at the start of the year. The WSJ’s Alison Sider and Sharon Terlep report that Southwest Airlines, United Airlines and Alaska Air are among those looking at throttling back capacity expansion over the coming months. That will tamp down cargo capacity growth in domestic U.S. markets this spring and summer even as shipping demand is growing. The International Air Transport Association says North American airfreight demand jumped 9.3% in January against just 3.8% growth in capacity. There’s little relief coming from Boeing. The manufacturer delivered 17 narrow-body 737 MAX jets in February, half as many as it shipped last year and far off its production goal of 38 MAXs a month.

U.S. consumer inflation accelerated slightly on an annual basis. (WSJ)

OPEC left its estimates for global oil-demand growth this year and 2025 unchanged. (WSJ)

Grain trader Archer Daniels Midland says it is under federal investigation over its accounting practices. (WSJ)

Lego’s sales rose 4% last year despite a global slump in toy demand and sagging business at the toy-brick maker’s rivals. (WSJ)

Cambodia is advancing plans to build a $1.7 billion canal backed by China that would divert waterborne trade from Vietnam. (Nikkei Asia)

A.P. Moller-Maersk hired advisors to help assess a possible bid for freight forwarder DB Schenker. (ShippingWatch)

Pirates seized a bulk ship and its 23 seafarers off the coast of Somalia . (TradeWinds)

GE Aerospace plans to invest $650 million to expand manufacturing plants and its aviation engine supply chain this year. (Axios)

The Panama Canal expanded the number of available transit slots, as drought conditions improved. (Splash 247)

Investors want Zara owner Inditex to publish a full list of suppliers so they can better assess supply chain risks. (Reuters)

Insolvent U.K. retailer The Body Shop has ceased its U.S. operations and is closing dozens of locations in Canada. (Associated Press)

Ulta Beauty’s CEO says e-commerce marketplaces should do more to halt the resale of stolen goods. (CNBC)

BNSF Railway eliminated several hundred management positions at its headquarters and across the system in a cost-cutting move. (Trains)

Uber Freight is moving to expand its truck brokerage business in the fragmented European market. (Bloomberg)

TFI International is buying Vernon, Calif.-based less-than-truckload carrier Hercules Forwarding. (FleetOwner)

U.K. logistics provider Wincanton bought supply chain warehouse automation specialist Invar. (Parcel and Post)

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.