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Profits at UPS fell year-over-year in the second quarter as the parcel carrier lost more business to rivals than expected due to uncertainty surrounding negotiations with the Teamsters.

The national average diesel price rose for the third straight week, climbing 11.2 cents to settle at $4.239, according to Energy Information Administration data released Aug. 7.

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.

Kentucky Gov. Andy Beshear joined state officials in breaking ground on a $30 million highway expansion project for the Owensboro Riverport Authority.

Step van or straight truck, FedEx Express driver and North Carolina grand champion Michael Bills focuses on safety.

Tesla Inc. Chief Financial Officer Zachary Kirkhorn stepped down after 13 years at the electric vehicle maker, raising questions about succession in the top ranks of Elon Musk’s company.

Florida-based Western Global Airlines filed for bankruptcy protection with plans to slash its debt load after the cargo airline faced a cash crunch.

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.

Tyson Foods Inc. is closing four chicken processing plants as it looks to lower costs.

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