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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.

July 29, 2025

UPS Reports Decline in Earnings, Revenue in Q2

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

July 29, 2025

TFI Q2 Profit, Revenue Fall Double Digits as Tariffs Bite

鈥淲e鈥檙e most affected by the [tariff] instability in our industrial truckload base in the U.S.,鈥 TFI CEO Alain B茅dard said during a July 28 conference call with investors.

July 29, 2025

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.

July 29, 2025

Albertsons Seeks Details on Ex-Kroger CEO鈥檚 Personal Conduct

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.

July 28, 2025

Buffett's Pilot Explores Sale of Water Management Unit

Berkshire Hathaway鈥檚 Pilot Travel Centers is considering the sale of its water-management services unit, as the truck-stop chain focuses on its primary businesses, according to sources.

July 25, 2025

Saia Posts Profit, Revenue Dip Due to Depressed Freight Volume

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.

July 25, 2025

Amazon Gave Prime Shoppers More Time 鈥 Walmart Gained Sales

Amazon still dominates the $1.3 trillion e-commerce market in the U.S., capturing about 40 cents of every dollar spent online, and Walmart鈥檚 online metrics are growing from a smaller base.

July 24, 2025

Mullen Group Reports Acquisition-Driven Revenue Growth in Q2

Mullen Group experienced an increase in revenue that was driven largely by acquisitions during the second quarter of 2025, the company reported July 24.

July 24, 2025

Knight-Swift Posts Revenue, Earnings Rise in Challenging Q2

The Phoenix-based truckload motor carrier posted net income of $34.2 million, or 21 cents a diluted share, for the three months ending June 30. That was 68.7% higher than last year.

July 24, 2025