OPEC expects the economic hit from the pandemic will hurt global energy demand harder and for longer than previously feared. (WSJ)
The U.S. banned cotton apparel, computer parts and other imports from companies and suppliers that allegedly relied on forced labor in China’s Xinjiang region. (WSJ)
An inspector general is investigating a planned $765 million U.S. government loan to back Eastman Kodak’s production of drug ingredients. (WSJ)
Delta Air Lines plans to raise $6.5 billion in cash backed by its frequent flyer program. (WSJ)
Cathay Pacific’s cargo volume fell 37% in August while passenger traffic remains deeply below year-ago levels. (Dow Jones Newswires)
China’s economic recovery accelerated in August, with retail sales, the last holdout among the economy’s major components, returning to pre-coronavirus levels. (WSJ)
GNC Holdings is moving ahead with a sale to China’s Harbin Pharmaceutical Group. (WSJ)
Electric-vehicle startup Nikola defended its business plan but said it also relied on supplier technology and used a truck rolling downhill in a marketing video. (Financial Times)
American Eagle Outfitters plans to stage materials with its suppliers to be ready to replenish stocks quickly during the peak season. (Supply Chain Dive)
A Thai conglomerate is buying 43 pork businesses in China for $4 billion to combat a swine shortage. (Nikkei Asian Review)
International container movements at Chinese ports rose 16.5% in the first 10 days of September. (South China Morning Post)
Chemicals giant Dow is selling three U.S. Gulf Coast terminals to a joint venture owned by BlackRock’s infrastructure fund and Dutch tank terminal operator Vopak. (Lloyd’s List)
Thailand is considering construction of two highly-automated seaports connected by high-speed transport as a shipping bypass to the Strait of Malacca. (Bloomberg)
A CMA CGM vessel became the largest container ship to call at a U.S. East Coast port. (Newark Star-Ledger)
Eagle Bulk Shipping will undertake a 1-for-7 reverse stock split. (TradeWinds)
Air cargo rates are skyrocketing again as freight forwarders try to secure space for the fourth quarter. (The Loadstar)
FedEx may appeal a judge’s decision to dismiss its lawsuit over export regulations imposed on its operations. (Memphis Commercial Appeal)
Real-estate firm Trammell Crow will get a $3.8 million tax break to build a distribution center for Home Depot southwest of Atlanta. (Business Journals)
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