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The trucking industry continued to experience a decline in driver compensation during the second quarter, with much of that led by lackluster starting pay.

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.

The U.S. Chamber of Commerce has filed a “friend of the court” brief with the Texas Supreme Court asking the court to reject a $100 million lower-court jury verdict against Werner Enterprises.

Werner Enterprises CEO Derek Leathers said patterns emerging in the cargo marketplace point to a long-awaited adjustment that could help lift trucking out of its persistent freight recession.

During the summer, consumers purchase more produce and fresh blooms. Behind the scenes, the logistics industry takes certain steps for transporting these goods safely and efficiently.

Werner Enterprises experienced a decline in revenue and earnings during the first quarter of 2024, the company reported April 30.

The Texas Trucking Association and another advocacy group have filed a “friend of the court” brief with the Texas Supreme Court asking that it reject a $100 million lower-court accident verdict against Werner Enterprises.

Werner Enterprises reported a drop in revenue and earnings year-over-year during the fourth quarter of 2023, the company detailed Feb. 6.

Company veteran Nathan Meisgeier joined Omaha, Neb.-based Werner Enterprises Inc. in 2005 and was promoted to the carrier's general counsel in 2016.

Werner Enterprises experienced a year-over-year drop in earnings on a slight decrease in revenue during the third quarter, the company reported Nov. 1.