The World Bank slashed its forecast for global economic growth this year to 1.7%. (WSJ)
The head of supply chain and several other top executives have left electric-vehicle maker Rivian Automotive in recent months. (WSJ)
Airbus far outpaced Boeing in deliveries of new aircraft last year. (WSJ)
Sales of electric vehicles and plug-in hybrids almost doubled in China last year. (WSJ)
A new report says the London Metal Exchange should bolster oversight of trades outside its trading systems to avoid a repeat of last year’s nickel market blowup. (WSJ)
FedEx is reducing Sunday deliveries even more as e-commerce demand falters. (Bloomberg)
Sales at BMW and Mercedes-Benz jumped in the final months of 2022 as car makers signaled supply chain problems were easing. (Financial Times)
A new report says some Bangladeshi garment suppliers had to sell goods at less than the cost of production as purchasing practices deteriorated early in the pandemic. (Sourcing Journal)
Brazilian President Luiz Inácio Lula da Silva is dropping plans to privatize the country’s ports. (Seatrade Maritime)
Maersk Line named an expanded leadership team around new CEO Vincent Clerc. (Splash 247)
Patriot Rail acquired Louisiana short line Delta Southern Railroad. (Railway Age)
Ghanaian cross-border e-commerce logistics startup Jetstream Africa raised $13 million in equity and debt pre-Series A financing. (TechCrunch)
Nebraska and Burrell Aviation hope a $65 million investment will help turn the Lincoln airport into an e-commerce hub. (Air Cargo News)
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