world-economy

German Economy Expands Faster Than Expected, Boosted by Trade Activity

Germany's economy accelerated in the second quarter, exceeding preliminary estimates. Trade activity strengthened the nation's long-anticipated recovery, signaling growing momentum across Europe's largest economy after months of sluggish performance. Meanwhile, freight operators reported mixed results during the period. Schneider National raised its full-year earnings guidance by 18% following stronger-than-expected second-quarter results. Truckload carrier Heartland Express returned to profitability in the same period, though gains came primarily from equipment sales rather than core operations. The divergent performances underscore the uneven recovery across transportation and logistics sectors as economic conditions stabilize.