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The project aims to provide a new renewable diesel source for Southeast fleets and shippers, tying fuel production to the region’s forestry economy and adding 155 jobs.

Cosco Shipping, already expected to report weaker third-quarter earnings, could face an additional $1.5 billion to $2.1 billion in fees in 2026.

Chinese trade data released Oct. 13 showed exports to the U.S. have fallen for six straight months, dropping 27% in September from the year before.

The work of untangling the company’s finances is left to Charles Moore, a restructuring expert hired last month during rushed negotiations between the company and its top creditors.

GM warned that it may take additional hits as it adjusts production, with non-cash charges potentially impacting operations and cash flow in the future.

The International Maritime Organization will this week decide on sweeping new rules to make the sector start paying for the more than 1 billion tons of greenhouse gases it emits each year.

Tariffs and carrier capacity continue to be the two top issues increasing the length of transportation executives’ worry lines, according to attendees of the CSCMP Edge 2025 conference.

Trump said Oct. 10 that “there seems to be no reason” to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths.

Raistone has demanded a court-appointed examiner investigate First Brands, claiming in court papers that as much as $2.3 billion “simply vanished” from the company.

China announced Oct. 10 that it would impose fees on U.S. ships in retaliation for similar measures due to be imposed by the Trump administration Oct. 14.