U.S. securities regulators are deep-sixing Scope 3 emissions reporting requirements. The Securities and Exchange Commission dropped the contentious mandate reaching into supply chains as it approved new requirements that public companies disclose their greenhouse-gas emissions. The WSJ’s Scott Patterson reports the amended rule doesn’t require companies to report certain indirect emissions, which could include the distribution and use of their products, such as coal or crude oil. Companies had railed against the requirement, saying it would require overly burdensome and complex measurement of suppliers throughout corporate supply chains. Companies are facing similar rules elsewhere. Business groups recently sued California over a state law requiring businesses to report their emissions. Regulators there are also phasing in a rule targeting warehouses for their indirect emissions associated with trucks. A recent European Union law would also require such disclosures from thousands of U.S. companies with operations in the region.

• Many companies could face pressure from investors and other countries to track Scope 3 emissions even after the SEC weakened its requirement. (WSJ)
• NYK will use an external scrubber system for its car carriers at major ports in California to meet pending strict emissions regulations for vessels. (Maritime Executive)

DHL is hunkering down for a continued decline in global shipping demand. DHL parent Deutsche Post says a weak market last year is extending into 2024, the WSJ’s Dominic Chopping reports, and it’s now projecting earnings to decline in the first half before growing in the second half of the year. That suggests a gloomy outlook for global goods trade, from parcels to heavy freight, because of the extensive reach DHL has across cargo transportation markets. The company’s operating earnings tumbled 25% last year to about $6.9 billion. It’s projecting little if any earnings growth this year, saying “volatility in demand and geopolitical crises will remain with us in 2024.” The uncertain trade environment is one reason DHL says it won’t seek to buy German freight forwarding giant DB Schenker. With rival Kuehne + Nagel International also out of the bidding, the field of potential buyers for Schenker is narrowing.

Asia’s next e-commerce sensation may come from South Korea. The country’s e-commerce market leader, Coupang, has rapidly growing scale, ambitious logistics investments and population density in its home market. The WSJ’s Jacky Wong writes in a Heard on the Street column that the company has ambitions to become Korea’s Amazon, and perhaps  a growth sensation like Chinese-owned low-price seller Temu. But it will have to fight off the competition first—including Temu itself, which has also begun expanding in Korea. SoftBank-backed Coupang recently posted its first annual operating profit of $473 million, a big leap from a $1 billion loss just five years ago. Coupang is taking a page from Amazon’s playbook: spending heavily to build up its logistics infrastructure for faster delivery, and it has a subscription service like Amazon Prime called Wow. With new rivals from China elbowing into Korea, however, competition is intense.

• JD.com’s revenue and profits both expanded as efforts to compete with online retail rival Temu with lower-priced products paid off. (South China Morning Post)
• Retailer Nordstrom plans to open an online marketplace to sell inventory from third-party vendors. (CNBC)

China’s exports expanded 7.1% in the first two months of 2024 over the same period last year. (WSJ)

Germany’s exports jumped 6.3% in January from the month before. (WSJ)

Growth in Australia’s commodity-rich economy slowed to 0.2% in the fourth quarter. (WSJ)

France’s Dassault Aviation expects to deliver more fighter jets this year despite supply-chain challenges that are weighing on production. (WSJ)

Embattled wood-pellet exporter Enviva got another week to make a bond payment. (WSJ)

Seoul Semiconductor is suing Amazon in Europe to stop distribution of products allegedly infringing on its copyright. (WSJ)

Three crew members were killed in a Houthi missile strike on a Barbados-flagged dry bulk vessel. (BBC)

Stellantis plans to invest nearly $6.1 billion in expanding its business in South America. (Dow Jones Newswires)

ABF Freight parent ArcBest is seeking investor permission to lower the threshold for approval a merger or sale of the trucking and logistics company. (Trucking Dive)

Oatly’s margins are improving after the oat milk maker sharply scaled down its supply chain. (Supply Chain Dive)

PepsiCo North America says it has overhauled its supply chain with the goal of being “always everywhere.” (Supply Chain Management Review)

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.