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 Inc.’s revenue and earnings declined amid an uncertain and complex trade environment during the second quarter of 2025, the company reported July 29.

“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’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' 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.

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.

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.

Building-materials provider CRH is paying all cash for Eco Material.

The Baker Hughes deal will expand the oilfield service giant’s reach into liquefied natural gas, data centers and other technologies.

UPS has struggled to get a handle on volatility in the market, underscoring the challenges for the courier’s effort to reconfigure its network and revitalize its business.

Iveco says it is in advanced discussions to sell its defense unit and the commercial truck manufacturing operations to separate buyers.  

Regulators never settled on a speed at which the limiters would be set. FMCSA and NHTSA had proposed and sought comment on a range of 60 to 68 mph.

The Washington Center for Equitable Growth analysis notes potential for wage stagnation and even layoffs and plant closures.

Stellantis has forecast that U.S. tariffs would cost it $1.7 billion this year, as higher duties hit the Jeep maker’s already struggling North American business.

The Trump administration is set to announce as early as July 29 its plans to abolish the U.S. government’s authority to regulate greenhouse gases.

Union Pacific is nearing an agreement for a stock-and-cash deal for Norfolk Southern that would value the smaller rival at about $320 a share, people familiar with the matter said.

DAT Freight & Analytics is acquiring Convoy Platform from Flexport for an undisclosed sum, a little under 18 months after the seller launched the freight-matching platform.

Prime Minister Mark Carney said his government is in trade talks with the Trump administration despite recent comments from Trump suggesting a deal with Canada wasn’t a priority.

The deal, which Hub Group expects to more than double the size of its temperature-controlled intermodal fleet, is set to close by the end of the third quarter.

Albertsons demanded that Kroger provide details on the personal conduct that led the company to replace its CEO, Rodney McMullen, who shepherded the grocers' failed merger.