C.H. Robinson Worldwide said July 29 it is confident it will overturn a recent $604 million negligent-hiring verdict on appeal.

The Trump administration says Mexican train crews crossing the border must understand key safety information in English and not threaten U.S. jobs.

Net income and per-share earnings surpassed the prior all-time highs achieved in 2022, when Russia’s invasion of Ukraine turned the global energy market on its head. 

Overall profit of $14.7 billion was the largest since Russia’s 2022 invasion of Ukraine that upended global markets.

The preliminary evaluation involves an estimated 1.2 million vehicles, including Model 3 sedans from the 2018 to 2020 model years and Model Y SUVs from 2021 to 2023.

Backed by five trucking titans, President Trump unveiled his Freedom Haulers initiative to automatically transition military veterans into driving careers.

Middle Eastern oil pricing has been a major pinch point during the Iran war. The intermittent disruption to crude flows through the Strait of Hormuz has meant that prices have been hugely volatile.

Brent crude, the international standard, rose 2.1% to $88.68 a barrel as tensions between the U.S. and Iran kept the Strait of Hormuz largely closed.

Emerging AI tools can automate processes and draw out insights from data to help improve business performance and profitability, but companies will need to determine how and where they can use them effectively.

The R2 line, with an eventual target price of around $45,000, is aimed at pulling in more customers amid broad concerns about automotive affordability in the U.S. 

CFO Brian Olsavsky said, “In cases where we did see an increase in costs due to tariffs, we largely absorbed these costs rather than pass them on to customers.” 

The upswing in demand was evident in XPO’s shipments and weight per shipment in the second quarter of 2026, boosting the company’s profit and revenue.

“The structural capacity attrition we’ve been talking about for several quarters is playing out as predicted,” CEO Derek Leathers said.

Amazon delivered strong profit and net sales during its fiscal second quarter, helped by surging growth in its prominent cloud computing unit.

Treasury Secretary Scott Bessent said he held a call July 30 with Chinese Vice Premier He Lifeng to lay the groundwork for Xi Jinping’s U.S. visit in September.

Landstar System CEO Frank Lonegro reported a jump in freight brokers interested in joining the carrier’s network of independent agents in the second quarter.

Two foreign nationals were convicted and a third was charged in federal court cases involving the theft of U.S. citizens’ identities to obtain CDLs.

Global sales in June fell 1.1% from a year earlier to 926,688 units, the company said in a statement July 30. Production climbed 2.2% to 984,408 vehicles.

The freight market recovery is altering trailer demand positively in a fashion unseen in 40 years, Wabash’s CEO said, though the company still posted a loss in Q2.

Shipowners and traders have zeroed in on maritime activity through Hormuz and the Bab el-Mandeb strait in the Red Sea for signs of how vessels are navigating a shifting security environment.