The drag to volumes from coronavirus-linked disruptions has led FedEx to start cutting costs. The container-line sector has also seen a downturn, with MSC bucking the trend. The transport sector will likely see further volume declines as the disease spreads. Also: Brazilian iron ore sinks to new trough as Vale favors China; Saudi Aramco, Phillips 66 face dual shocks to U.S. oil supplies; fading global trade provides a backdrop for Europe’s above-average January; car companies’ coronavirus cuts come ahead of regulatory reform; Trump sticks to tariff guns, China to support exports...