Commercial vehicle brake supplier Haldex AB reported net income more than quadrupled as revenue rose 16% in the second quarter amid market strength in all of its geographic regions.

U.S. retail sales of Class 8 trucks jumped 23.3% in June to the highest point this year, climbing above 21,000, WardsAuto.com reported. But analysts said the gain came not so much from increased production but reflected deliveries of some trucks that mostly had been finished but were awaiting parts.

Penske Truck Leasing is preparing to dive deeper into medium- and heavy-duty battery-electric trucks as a trickle of the alternatively powered vehicles begin to find their way in a world where diesel will remain trucking’s main fuel for quite a while, company executives said.

U.S. retail sales of medium-duty trucks rose 6.2% in June, largely relying once more on strong Class 6 sales to power the overall gain, WardsAuto.com reported.

British Columbia has amended its regulations to allow fleets to use certain wide-base single tires with heavier axle loads, which furthers tire-harmonization efforts across Canada and revises a long-standing provincial policy that restricted the tire’s use.

Thor Trucks Inc., a startup not quite 2 years old, will manufacture electric-battery Class 8 trucks beginning next year, according to the Los Angeles-based company.

The U.S. average retail price of diesel rose 2 cents to $3.236 a gallon, while the price of a barrel of oil climbed amid a tightening of inventory.

Nikola Motor Co. has awarded a contract to Nel Hydrogen for 448 electrolyzers — which separate water into hydrogen and oxygen — and associated fueling equipment, as Nikola prepares to roll out a fueling network in the United States of 30 stations to support commercial and passenger vehicles operating on hydrogen fuel cells.

Sales of used Class 8 trucks in May climbed 19% as first-time buyers continued to enter the market amid a drop in inventory for sale and an upward trend in the average price, while freight rates remained strong, analysts said.