General News
Soft Freight Weighs on ArcBest but Tech Boosts Efficiency
ArcBest experienced a year-over-year decline in revenue and earnings amid the continuing soft freight environment during the second quarter of 2025, the company reported July 30.
Iveco Sells Truck Business to Tata, Defense Unit to Leonardo
Acquiring Iveco’s truck operations would give Tata a toehold in Europe’s commercial-vehicle industry.
Werner Q2 Earnings Lifted by Texas Nuclear Verdict Reversal
A pair of favorable financial outcomes tied to legal and business proceedings helped lift Werner Enterprises’ bottom-line results in the second quarter of 2025, the company reported July 29.
Tesla Signs $4.3 Billion Battery Supply Pact With LG Energy
The deal should eventually boost the carmaker’s slowing energy storage business.
Trucking Industry Hails Plan to Void GHG Phase 3 Rule
The rule had "put the trucking industry on a path to economic ruin and would have crippled our supply chain, disrupted deliveries and raised prices," said ATA President Chris Spear.
Trump’s Tariff Deadline Is Friday: Here Are Deals So Far
Key details remain sparse — or not immediately captured in writing. Here’s what we know about the agreements so far.
Economy Rebounds a Surprisingly Strong 3% in Q2
American gross domestic product — the nation’s output of goods and services — rebounded after falling at a 0.5% clip from January through March, the Commerce Department reported July 30.
John Hess to Buy Back Toy Trucks From Chevron After Takeover
John Hess plans to buy back his family’s iconic toy truck business next year from Chevron after the oil giant bought his company this month.
Roadrunner Adds 100+ Lanes, Continues LTL Network Expansion
Roadrunner’s latest lanes add over 21,000 new miles of coverage across the U.S. and Canada and establish Kansas City as a major new hub, the company said July 24.
Mondelez Reiterates Guidance as Earnings Beat Estimates
Mondelez International posted quarterly results that topped estimates but reiterated its annual outlook.
Kentucky Awards $5.7M to Boost Multimodal Riverport Freight
Kentucky Gov. Andy Beshear announced $5.7 million in state grants awarded to 15 public riverport projects to increase multimodal freight handling.
Senate Panel OKs 2026 DOT Funding Bill With $927M for FMCSA
“It is critical that we make significant investments to modernize our air traffic control systems and improve our airports, roads, railways, bridges and ports," Sen. Susan Collins said.
Sysco Says Consumer Woes Hamper Long-Term Outlook
Consumers are cutting back on restaurant spending as they cope with economic uncertainties, causing Sysco to forecast annual sales at the lower end of its target range, CEO Kevin Hourican said.
UPS Reports Decline in Earnings, Revenue in Q2
UPS Inc.’s revenue and earnings declined amid an uncertain and complex trade environment during the second quarter of 2025, the company reported July 29.
TFI Q2 Profit, Revenue Fall Double Digits as Tariffs Bite
“We’re most affected by the [tariff] instability in our industrial truckload base in the U.S.,” TFI CEO Alain Bédard said during a July 28 conference call with investors.
China, US Agree to Extend Tariff Pauses After Stockholm Talks
China’s top trade official Li Chenggang said the two sides agreed to keep the tariffs at current levels — the U.S. taxing Chinese goods at 30% and China collecting 10% on U.S. products.
Heartland Express Q2 Loss Triples as Revenue Dives 30.7%
Heartland Express' losses tripled year over year in Q2 of 2025 as revenue slumped at the truckload carrier, which continued to struggle to turn a profit at divisions acquired in recent years.
Waymo Plans to Dispatch Robotaxis in Dallas Next Year
Dallas will become the second major Texas city with Waymo’s robotaxis, following the company’s move into Austin earlier this year as part of a partnership with Uber.
Diesel Price Ticks Down 0.7¢ to $3.805 a Gallon
The national average diesel price inched down seven-tenths of a cent to $3.805, stopping a streak of three straight increases, according to the U.S. Energy Information Administration.
CRH Strikes $2.1 Billion Deal for Eco Material Technologies
Building-materials provider CRH is paying all cash for Eco Material.