Logistics News

CFO Brian Olsavsky said, “In cases where we did see an increase in costs due to tariffs, we largely absorbed these costs rather than pass them on to customers.” 

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.

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.

Brent crude, the international standard, 1.5% to $86.79 per barrel after rising earlier. It was trading around $72 a barrel in late February, before the Iran war began.

“Specifically, we eliminated approximately 2 million pieces per day of lower-quality Amazon volume,” UPS CEO Carol Tomé said during a call with investors.

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.