Transport Topics
Hiring Plunges to 20,000 as Wage Gains Top Estimates
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U.S. hiring was the weakest in more than a year while wage gains were the fastest of the expansion and the unemployment rate fell, a possible sign that America’s jobs engine is starting to slow down. Treasuries rose while the dollar and stock futures fell.
EPW Chairman John Barrasso Calls for Confirmation of FHWA Nominee Nicole Nason
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Sen. John Barrasso, chairman of the Environment and Public Works Committee, pressed his colleagues to support the confirmation of Nicole Nason to lead the Federal Highway Administration. Nason’s nomination gained approval in the committee in February. Since then, she has been waiting for consideration in the full Senate. Floor managers have not scheduled a vote on her nomination.
Railroad Representatives Petition FMCSA for HOS Exemption
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Two companies and a trade association representing railroad employees have petitioned the Federal Motor Carrier Safety Administration for relief from certain hours-of-service rules.
Navistar Posts Best First-Quarter Results Since 2010
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Navistar International Corp. reported higher net income and revenue as the parent company of International Truck posted its best fiscal-year first quarter since 2010.
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