The index for leading economic indicators in the U.S. fell in January for the 22nd month in a row. (MarketWatch)
An investor group led by Ancora Holdings is seeking to overhaul management at Norfolk Southern and replace CEO Alan Shaw with former UPS COO Jim Barber. (WSJ)
Walmart’s comparable-store sales increased as inflation pressure on shoppers eased. (WSJ)
Home Depot issued a downbeat outlook for the year after U.S. same-store sales dropped 4% last quarter. (MarketWatch)
Walmart reached a deal to buy television maker Vizio for $2.3 billion. (WSJ)
Expeditors International’s fourth quarter operating profit fell 40% to $199.4 million as gross revenue dropped 34% to $2.3 billion. (Dow Jones Newswires)
Coca-Cola sustainability chief Bea Perez says in an interview that disclosure and managing the connections between goals are central to achieving progress. (WSJ)
Ocean Network Express’s Jeremy Nixon says shipping lines are struggling with scheduling and ship shortages because of the Red Sea crisis. (Financial Times)
A group of investors took ownership of Singapore-based liner company SeaLead and is bringing in new management. (Splash 247)
The U.S. Air Force is testing the use of autonomous cargo aircraft. (DC Velocity)
Airbus is ramping up development of an A350 freighter that it expects to start delivering in 2026. (Air Cargo News)
Estes Express Lines plans to use its acquisition of former Yellow truck terminals to expand U.S.-Canada cross-border business. (Trucking Dive)
Ohio-based logistics provider Total Distribution acquired the Swafford Cos. trucking and warehousing assets. (Commercial Carrier Journal)
Freight forwarder Blue Water Shipping reversed its stance on Russian transport and will offer services on the country’s state-owned railway. (ShippingWatch)
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