The dollar has gained 9% against the yen and recently hit a 34-year high against the Japanese currency. (WSJ)
Schneider Electric is in talks to take over engineering-software company Bentley Systems. (WSJ)
Procter & Gamble sales and profits rose last quarter, boosted by higher prices in international markets and rising volumes in the U.S. (WSJ)
Canada’s industry minister is trying to lure several foreign grocers to the country to increase food-retailing competition. (WSJ)
Air-safety officials are mounting a new push to ease fatigue among air traffic controllers. (WSJ)
The collapse of the Francis Scott Key Bridge is pushing large numbers of commercial trucks onto overburdened neighborhood roads. (Baltimore Banner)
Online furniture retailer Wayfair plans to open its first physical store next month in Wilmette, Ill. (CNN)
Swiss confections supplier Barry Callebaut is investing in cocoa farming as prices for the key chocolate ingredient soar. (Bloomberg)
The Port of Rotterdam’s container throughput rose in the first quarter for the first time in three years. (Port Technology)
CMA CGM is in talks to sell the Polynesian business at Bolloré’ Logistics to the Balguerie Group. (The Loadstar)
Alibaba launched a marketplace offering logistics services targeting small and medium-sized companies. (Parcel and Postal Technology)
BNSF Railway is threatening to sue a Texas city after regulators recommended denying the railroad’s application to build a large logistics center. (Dallas Morning News)
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