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CSX is working with Goldman Sachs Group, people familiar with the matter said, as the company explores options to participate in rail consolidation after two major rivals announced a merger.

President Donald Trump will sign an executive order July 31 imposing new tariff rates on trading partners that take effect Aug. 1, the White House said.

The EPA's plan this week to relax rules aimed at cleaning up auto tailpipe emissions is the latest Trump administration move to undo incentives for automakers to go electric.

At a time when the industry is bracing for further consolidation, Ancora believes that CSX under CEO Joseph Hinrichs has been “underperforming.”

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Schneider posted higher revenue and earnings in the second quarter of 2025, the company reported July 31.

“July may be our peak season month as retailers and manufacturers bring orders in earlier than usual, then brace for trade uncertainty," said Port of Los Angeles' Gene Seroka.

The Greenwich, Conn.-based less-than-truckload carrier posted net income of $106 million, or 89 cents a diluted share, for the three months ending June 30.

Derek Barrs, nominated by President Donald Trump to the top post at the Federal Motor Carrier Safety Administration, was easily approved by the Commerce Committee July 30.

C.H. Robinson delivered an earnings increase during the second quarter, despite lower revenue, with the execution of its strategic initiatives, the company reported July 30.