U.S. authorities are investigating the crash of a large containership into a major bridge outside the Port of Baltimore that collapsed the span, left six people missing and disrupted an important trade corridor. The Singapore-flagged ship, called the Dali, lost propulsion as it was leaving a nearby port, and struck a truss while traveling at about eight knots early Tuesday morning. The WSJ’s Costas Paris, Jon Kamp, Paul Kiernan and Gareth Vipers report that the vessel’s lights flickered on and off as it traveled with two harbor pilots on board, and that the ship issued a mayday call shortly before it hit the bridge. The bridge received a “fair” rating from inspectors in May 2021, meaning inspectors found it essentially sound. All vessel traffic through the port was suspended until further notice. Port officials said several ships were anchored south of the port, near Annapolis, Md.

• Six men from a work crew of Latino immigrants are presumed dead as authorities gave up rescue efforts. (WSJ)
• The Maersk-chartered Dali was cited for a 'propulsion deficiency' in Chile last June. (TradeWinds)

Shippers and logistics experts expect the collapse of the Francis Scott Key Bridge to disrupt the flow of some industrial commodities and likely delay freight traffic for a time as companies redirect shipments. But the impact of the latest supply chain disruption will likely be limited as ocean carriers and importers divert trade to other ports while truckers drive around bottlenecked Baltimore. The WSJ Logistics Report’s Liz Young writes the most immediate impact looks to be on coal exports, a major commodity at a port that handles big volumes of bulk materials. Baltimore is a key gateway for automotive and other vehicle shipments. But major automakers say their terminals are south of the site of the collapsed bridge and so they don’t expect car carriers to be impeded. Container importers will find alternate gateways from New York to Norfolk, Va., but nearby distribution centers will lose a key route.

• Here are the businesses most likely to be affected by the disruption at the Port of Baltimore. (WSJ) 
• Maritime insurers will face an enormous bill from the Baltimore bridge strike. (Lloyd’s List) 

The U.S. battle with China over electric-vehicle supply chains is turning into a full-fledged trade dispute. China filed a complaint at the World Trade Organization over the U.S.’s Inflation Reduction Act, the WSJ’s Sha Hua reports, saying the law that sets subsidies and incentives for domestic technology manufacturing was discriminatory and distorted fair competition. The filing means Beijing will use the WTO’s dispute-settlement mechanism to challenge EV subsidies that have become crucial to burgeoning U.S. industrial policy. The rules being challenged require vehicles to use parts from specific regions to qualify for subsidies while excluding products from China, among other countries, the statement said. The filing sets up a new, more formal front in a contest between the U.S. and China over the sales of new-technology cars, as well as the specialized components such as lithium-ion batteries that power the vehicles.

• China’s BYD reported a rise in net profit in the fourth quarter as it overtook Tesla as the top global seller of electric vehicles on a quarterly basis. (WSJ)

Orders for U.S. durable goods rebounded in February with a 1.4% gain and business investment also rose. (MarketWatch)

London-listed packaging company DS Smith is in takeover talks with International Paper. (WSJ)

Amazon is adding New York and Los Angeles to the cities where it offers same-day pharmacy delivery. (WSJ)

United Parcel Service expects annual consolidated revenue to reach as high as $114 billion by 2026, up from $91 billion last year. (Bloomberg)

Alibaba called off the initial stock offering of its Cainiao logistics unit and instead will take full ownership of the business. (CNBC)

The Chinese operator building one of Latin America’s biggest deepwater ports is fighting Peru’s action removing its exclusive right to operate the facility. (Financial Times)

Canada’s Port of Vancouver says it may take several weeks to clear large backlog of rail container traffic. (Journal of Commerce)

Ocean Network Express plans to expand its container capacity at rate of 10% a year through 2030. (Splash 247)

Norfolk Southern activist investor Ancora Holdings says its three-year plan would take the freight railroad’s operating ratio down to 57%. (Trains)

All Nippon Airways for a third time pushed back its planned takeover of freighter operator Nippon Cargo Airlines. (Air Cargo News)

A PwC survey of operations and supply chain officers showed 69% say tech investments haven’t delivered expected results. (DC Velocity)

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.