Transport Topics
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Navistar International Corp. has agreed to pay $7.5 million to settle a Securities and Exchange Commission complaint that the OEM misled investors about the environmental compliance of its exhaust gas recirculation, or EGR, method of reducing air pollution from its trucks, the federal regulatory agency said.
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Manufacturing expanded in March for the first time in seven months, fueled by a surge in orders that signals American factories are emerging from their worst slump since the last recession.
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Truck stop operator Pilot Flying J said it has added seven locations in North America and added new features to enhance drivers' experience on the road.
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Trucking lost 2,400 jobs in March, while the jobless rate crept up to 5% as more people entered the workforce, the Labor Department reported April 1.
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