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Profits at Werner Enterprises Inc. more than halved in the second quarter, but the carrier sees brighter prospects for the second half of the year, particularly the final three months.

Losses at Nikola Motor widened year-over-year in the second quarter of 2023 after the truck maker took a $77.8 million hit to its balance sheet.

North American Class 8 truck orders rose year-over-year for a third month in a row in July, according to ACT Research.

Titanium Transportation Group acquired Oakwood, Ga.-based Crane Transport to drive growth of the Canadian company’s U.S. logistics business, it said.

Weaker demand from the U.S. and European commercial truck sectors resulted in a second-quarter 2023 loss at Goodyear Tire & Rubber Co.

Profits at Cummins Inc. rose to $720 million in the second quarter of 2023 from $702 million in the year-ago period on the back of a jump in sales, including at newly acquired Meritor.

Lower freight rates, a moderation in brokerage gross margin and the cost of operating as a stand-alone public company hurt profits at RXO Inc. in the second quarter of 2023.

Profits at TFI International Inc. more than halved in the second quarter of 2023 to $128.2 million from $276.8 million in the year-ago period, the company said.

Eaton Corp. posted net income of $744 million in the second quarter of 2023, a 23.8% increase compared with a $601 million profit in the same period a year earlier.

Proving last week’s surge wasn’t a fluke, the national average diesel price skyrocketed 22.2 cents to reach $4.127 a gallon, according to the Energy Information Administration.