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Phillips 66 is maximizing diesel production to take advantage of strong demand and would consider investing in projects that give its refineries the flexibility to make more of the fuel.

The Warren, Mich.-based asset-light transportation and logistics company posted net income of $8.32 million, or 32 cents per diluted share, for the three months ending June 30.

A muted environment for freight volume contributed to a decline in revenue and profit for Saia during the second quarter of 2025, the company reported July 25.

The two sides have been zeroing in on an agreement that would see the EU face 15% tariffs on most of its trade.

President Donald Trump put the odds of striking a trade deal with Europe to reduce the tariff rate on their imports at 50-50, even as diplomats from the trading bloc have expressed optimism.

The driverless shuttles will initially be deployed in partnership with airports and cities, dovetailing with the company’s recent revival of pooled rides at U.S. airports.

Analysts have speculated that a Union Pacific-Norfolk Southern tie-up could leave the next-biggest companies in the industry — BNSF and CSX — to at least consider their own combinations.

Automation, artificial intelligence and data science are transforming freight brokerage operations, increasing productivity and altering how brokers price freight and make decisions.

Ryder System profit and revenue rose year over year in Q2 of 2025, benefiting from supply chain services wins and prices, plus a more stable truck sales, leasing and rental market.

The pair spoke to reporters while overseeing restoration work being done at the Fed's headquarters, with the president and the central bank leader almost immediately arguing over its cost.