The fading impact of the pandemic-fueled binge in online shopping is taking a toll on the once-thriving business of Amazon aggregators. Thrasio, one of the biggest third-party sellers of consumer products on Amazon, filed for bankruptcy protection, the WSJ’s Soma Biswas reports, making it the latest in a string of businesses to falter after consumer shopping patterns pivoted and hefty growth forecasts crumbled. Thrasio had raised billions of dollars from big investors to fund an acquisition spree. In 2021, the company said it snapped up 1.5 businesses a week. Combining the businesses can help small sellers gain more logistics firepower, including better pricing from the Fulfillment by Amazon warehousing and delivery operation. Thrasio says it still aims to grow. The company has an agreement with most of its lenders to cut nearly $500 million in debt and has commitments for up to $90 million in new financing.

• China’s Alibaba is pulling away from its forays into physical retailing to focus more on its e-commerce business. (Nikkei Asia)

New York state says the world’s largest meatpacker lied about its impact on the environment to win over climate-conscious customers. The state is suing the U.S. division of Brazilian giant JBS over what it calls “greenwashing,” the WSJ’s Patrick Thomas reports, highlighting the strains over what environmental groups say is a gap between corporate sustainability statements and the actual practices at companies. JBS is one of the top meat suppliers in the U.S., with about half of its nearly $80 billion in annual revenue coming from its Colorado-based operations. New York says JBS misled consumers with its climate goals, including its plan to reach net-zero carbon emissions by 2040, to boost sales. The agriculture industry has come under increased environmental scrutiny in recent years for the greenhouse-gas emissions that come from producing crops and livestock. Environmentalists have long accused the company of having links to deforestation.

• Some of the European Union’s biggest member states derailed proposed rules designed to clean up corporate supply chains. (Reuters)

U.S. economic growth in the fourth quarter was downgraded slightly to a 3.2% annual pace. (MarketWatch)

Surveys of consumers and business managers showed confidence in the eurozone economy worsening this month. (WSJ)

A software glitch left thousands of Walmart stores in the U.S. unable to process many transactions. (WSJ)

Steelmaker Thyssenkrupp is working to restore normal operations after a cyberattack on one of its automotive units. (WSJ)

Net revenue and sales volumes at British consumer-goods supplier Reckitt Benckiser fell in the fourth quarter. (WSJ)

India’s growing share of electronics exports to the U.S. has eaten into China’s dominance in the market. (Bloomberg)

A landmark global tax deal targeting big multinationals is faltering as political support in the U.S. and other key jurisdictions fades. (Financial Times)

Several container lines are suing South Korean antitrust regulators over fines that were imposed following a collusion investigation. (The Loadstar)

Danish authorities are investigating whether tanker major Hafnia violated sanctions against Russian oil trade. (ShippingWatch)

BRS Shipbrokers says the shadow fleet of tankers hauling sanctioned oil cargoes has increased to more than 700 vessels, or 8% of the global fleet. (TradeWinds)

Shipowner Evangelos Marinakis added four large liquefied natural gas carriers to his burgeoning vessel orders with a South Korean shipyard. (Lloyd’s List)

Saudi Arabia launched a container shipping company to connect the country to other Red Sea ports. (Splash 247)

BNSF Railway will pay $75 million to settle a class-action lawsuit over the collection of fingerprints from thousands of truck drivers. (Reuters)

Brazilian startup Modern Logistics is adding a second Boeing 737 converted freighter. (Air Cargo News)

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.