Texas Gov. Greg Abbott will stop state police inspections of commercial trucks at one U.S.-Mexico border crossing that has been hit by massive delays. (WSJ)
U.S. producer prices rose 11.2% on an annual basis last month in the fourth straight double-digit gain. (WSJ)
The World Trade Organization lowered its forecast for global economic growth this year to 2.8% on growing signs of a pullback in global trade. (WSJ)
Annual inflation in the U.K. hit a three-decade high in March. (WSJ)
Natural gas prices hit a 14-year high. (Dow Jones Newswires)
Delta Air Lines says strong travel demand is offsetting rising fuel costs following a first quarter that included a 51% jump in cargo revenue. (WSJ)
Bed Bath & Beyond’s quarterly sales fell 22% as supply-chain delays cost the retailer $175 million in lost sales. (WSJ)
Some grocery chains say consumers so far are accepting higher prices as retailers try to pass along rising costs to shoppers. (WSJ)
U.S. freight railroads are trying to resolve big service problems that shippers and others say are the result of steep cutbacks in the name of efficiency. (Associated Press)
Union Pacific plans to limit customer-owned railcars on its network starting next week to ease bottlenecks in its system. (Bloomberg News)
The head of the U.S. West Coast dockworkers’ union says ports and employers will likely reach an agreement when their current contract expires this summer. (Long Beach Press-Telegram)
Deadly flooding has knocked out operations at the Port of Durban, South Africa’s largest port. (Splash 247)
Singapore connected Glencore to supplies of contaminated bunker fuel that affected dozens of ships. (TradeWinds)
Japan’s JGC Holdings and Kawasaki Kisen plan to turn old liquefied natural gas tankers into floating offshore LNG production bases. (Nikkei Asia)
Freighter orders have been growing on expectations that airfreight expansion will stay strong over the long term. (Los Angeles Times)
Lineage Logistics acquired Canada’s VersaCold and its 24 temperature-controlled facilities. (Journal of Commerce)
Freight forwarder AIT Worldwide plans to evaluate two or three possible acquisition targets to expand its e-commerce services this year. (Air Cargo World)
Direct-to-consumer bedding retailer Brooklinen plans to triple its physical store footprint this year. (Retail Dive)
McDonald’s is testing an electric Class 8 truck for deliveries to its outlets in the Montreal area. (Transport Dive)
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