Freight forwarder K+N saw a significant drop in Q1 profits due to a COVID-19 led drop in volumes but also sees an opportunity to grow at the expense of its competitors. Ikea has seen a rapid return to business in China and Germany but is still trimming shipments to the U.S. Also: Husqvarna’s COVID-19 exposure may mean Q2’s cut is bigger than Q1; Invacare, iRobot gain tariff leniency as coronavirus troubles abound; shipbuilding faces coronavirus headwind as exports, orders fall; global trade downturn set to continue as German expectations hit record low; July 1 set for USMCA launch; China...