New-home sales in the U.S. increased to an almost 13-year high in June, fueled by record-low borrowing costs and adding to evidence that residential real estate is a bright spot for the economy.

Landstar System Holdings Inc. on July 22 reported second-quarter net income and revenue were down compared with last year’s levels.

Echo Global Logistics saw a large drop in profit but a smaller decline in revenue during the second quarter.

Baker Hughes Co. is bracing for a second wave of pandemic-induced lockdowns after the virus crippled economic activity around the world and compounded a historic oil bust.

Canadian National Railway is the latest Class I railroad to feel the impact of the COVID-19 pandemic.

The Department of Defense has re-awarded a $7.2 billion household goods moving contract just two weeks after it had pledged to take corrective action on the contested award by two competitors.

Americans stepped up their home purchases in June by a robust 20.7% after the pandemic had caused sales to crater in the prior three months. But the housing market could struggle to rebound further in the face of the resurgent viral outbreak and a shrinking supply of homes for sale.

Truck tonnage in June declined 1.3% when compared with year-ago levels, but on a monthly basis surged 8.7% above May.

Ford Motor Co. and Volkswagen AG warned a swirling legal dispute between two South Korean battery suppliers could threaten their plans to start producing electric vehicles in the U.S.