A measure of U.S. factory activity fell back into contraction in April as indicators of new orders and order backlogs shrank. (MarketWatch)
The number of job openings in the U.S. fell to the lowest level in more than three years. (WSJ)
South Korea’s export growth accelerated in April on brisk demand for semiconductors, smartphones and cars. (WSJ)
The U.S. says China is moving forced laborers from the Xinjiang region to other parts of the country in growing numbers. (WSJ)
BYD and other Chinese electric-vehicle makers posted higher sales and deliveries in April. (WSJ)
Sales at European carmakers lagged at the start of the year behind the costs of new-model launches. (WSJ)
Kraft Heinz quarterly sales volumes fell 3.2 percentage points as demand softened in the face of higher prices. (WSJ)
A massive tornado in Oklahoma destroyed a 1-million-square-foot Dollar Tree distribution center, flinging tractor-trailers and goods across the area. (Sourcing Journal)
Walmart opened a 490,000-square-foot consolidation center near Chicago, its third such site for handling less-than-truckload volumes. (Supply Chain Xchange)
TFI International cut corporate salaries at its newly acquired Daseke business by at least $12 million, calling the flatbed trucker’s head office a “cancer.” (Supply Chain Dive)
A.P. Moller-Maersk raised its profit and demand outlook after reporting stronger-than-expected first quarter earnings. (Reuters)
Major container lines are starting to accept charter deals at higher rates and for longer periods. (TradeWinds)
Russia’s state-owned Sovcomflot is renaming tankers that have been sanctioned by the U.S. (ShippingWatch)
Cosco Shipping’s revenue from container operations rose 1.8% to about $6.4 billion in the first quarter on an 11% jump in volumes. (ShippingWatch)
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