An increase in sales of power generators and heavy-duty truck engines boosted profits at Cummins Inc. in the second quarter of 2024, the company said Aug. 1.

Schneider National profit in the second quarter of 2024 slumped 54% as price increases failed to arrive as early as the carrier expected and ongoing freight market weakness saw intermodal and logistics revenue decline.

XPO profit jumped in the second quarter as revenue increased 8% on the back of a 4.5% increase in North American LTL shipments and 7.4% rise in the return obtained for those shipments.

C.H. Robinson Worldwide profit in Q2 jumped 29.7% year over year as a result of higher seaborne services pricing, a bigger margin on truckload and LTL shipments and a decrease in head count.

Used Class 8 truck sales totaled 20,700 in June, according to the latest ACT Research data, down 3.7% from 21,500 vehicles in the year-ago period and 9.2% lower than May’s 22,800.

Profit and revenue at Landstar System Inc. fell in the second quarter of 2024, largely on the back of truckload market weakness.

Profit dropped at Werner Enterprises Inc. in the second quarter of 2024 as revenue slid more than analysts expected on the back of continued freight weakness, although executives are seeing more room for optimism from the last few weeks.

Estes Express Lines expects the number of terminal doors in the less-than-truckload carrier’s portfolio to jump more than 12% in 2024 to a total exceeding 12,750.

Saia could open a large batch of terminals in 2024 as profits and revenue grow at the less-than-truckload carrier, largely on the back of facilities acquired from the estate of Yellow Corp.

Knight-Swift Transportation Holdings on July 30 announced that it is acquiring the less-than-truckload operations of Dependable Highway Express.