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The extension was announced Aug. 6 by the Ministry of Commerce. China is the world’s top buyer of the meat, which means its imports are tracked closely by the global market. 

CEO Malcolm Wilson touted $307 million of new business wins in the second quarter, bringing the six-month total this year to more than a half a billion dollars.

Canadian Prime Minister Mark Carney said he wants to maximize the impacts of retaliatory tariffs on the U.S. but minimize the pain for Canadian businesses.

Prime Minister Mark Carney said Aug. 5 the guarantees will ensure forestry companies of all sizes can maintain and restructure their operations.

The federal government had already approved 657 waivers to allow companies such as Amazon and major utilities to do this in certain circumstances, but the waiver process made it difficult.

Two longtime stalwarts of the drayage community serving the Port of Oakland and beyond closed their doors in recent weeks after around four decades in business each.

Grace Ocean Private and Synergy Marine, the owners of the Dali, filed the lawsuit last week against Hyundai Heavy Industries in U.S. District Court for the Eastern District of Pennsylvania.

Copper rose as traders digested President Donald Trump’s decision to spare the most traded form of the metal from his 50% tariff, while a mine accident in Chile raised supply concerns. 

Corn is holding above the key psychological threshold of $4 a bushel with America’s most widely grown crop on track for a record harvest. Meanwhile, soybeans have drifted below $10 a bushel.

Some products have been tweaked over the years, but the basics of trailer flooring have remained constant, said Mark Glasgow, chief of sales at trailer manufacturer Utility Trailer.