A measure of U.S. consumer sentiment fell at a sharp pace at the start of May. (MarketWatch)
The U.K. economy returned to growth in the first three months of the year. (WSJ)
Taiwan Semiconductor Manufacturing’s revenue jumped nearly 60% in April. (WSJ)
The planned weekend demolition of Key Bridge wreckage outside the Port of Baltimore was postponed until today. (WBAL)
The Panama Canal is in talks with U.S. liquefied natural gas exporters on how to increase crossings that would provide better reach to Asia markets. (Reuters)
Peloton Interactive is seeking millions of dollars from freight forwarder Flexport over what it claims are unfair charges over several years. (Journal of Commerce)
Taiwanese container line Yang Ming’s net profit more than doubled to $298.4 million in the first quarter on a 14% gain in revenue. (The Loadstar)
The landlocked African country Eswatini is offering flag registration to tankers sanctioned by the U.S. (Lloyd’s List)
GXO Logistics opened a 2.1 million-square-foot distribution center for consumer-goods maker Conair in Hagerstown, Md. (DC Velocity)
Walmart is closing a fulfillment center in Pedrickstown, N.J., and shifting the operations to a new 1.5 million-square-foot facility in Greencastle, Pa. (ROI-NJ)
Forward Air swung to a $47 million quarterly operating loss as the expedited trucker absorbed its Omni Logistics acquisition. (Trucking Dive)
The U.S. Postal Service narrowed its fiscal second quarter net loss to $1.5 billion from $2.5 billion the year before. (Logistics Management)
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