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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' 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.

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

The Baker Hughes deal will expand the oil field 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.