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.

Adjusted net income rose to $9.8 billion, more than doubling from a year earlier, London-based Shell said in a statement.

Adjusted operating income of $335 million in Q2 came in below analyst estimates, with Stellantis on July 30 citing high raw-material costs and weak pricing in Europe.

The ongoing freight market rebound has a lot of road left on its journey following the longest downturn in industry memory, according to ODFL CFO Adam Satterfield.

The decision could expand robotaxi availability because Zoox vehicles lack steering wheels and pedals and require federal approval.

The Commerce Department reported July 30 that growth in U.S. gross domestic product decelerated from 2.1% in the first three months of 2026 and came in below economists' expectations.

The San Francisco-based company has built a detachable unit with an electric motor and batteries that sits between the truck’s tractor and trailer.

Brent crude, the international standard, slipped 0.2% to $87.92 per barrel after rising earlier. It was trading around $72 a barrel in late February, before the Iran war began.

An impairment charge associated with a strategic reorganization pushed ArcBest into the red in Q2 2026, trumping a revenue boost from the freight market's rebound.

Carvana tumbled after it said full-year earnings may fall short of Wall Street’s expectations as the used-car retailer’s rapid growth slowed.

Mercedes-Benz Group CEO Ola Källenius expects the fierce pricing competition in the Chinese car market to stick around for years to come.

The parent company of Kenworth and Peterbilt has autonomous trucking partnerships with Aurora Innovation, Kodiak AI and Stack.