Transport Topics
US Adds 145,000 Jobs; Unemployment Holds at 3.5%
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WASHINGTON — U.S. employers downshifted their hiring in December, adding 145,000 jobs as consumer spending appeared to aid gains in the retail and hospitality sectors.
Oil Set for Biggest Weekly Loss Since July as Mideast Risk Eases
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Oil is headed for its biggest weekly loss since July as the prospect of an immediate confrontation between the U.S. and Iran abated, allaying fears of disruption to Middle East energy supplies.
Mack to Lay Off 305 at Pennsylvania Assembly Plant
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Mack Trucks plans to lay off 305 employees at the end of February at its Lower Macungie Township, Pa., assembly plant as the manufacturer adjusts to lower market demand for heavy-duty trucks.
Two Fiat Chrysler Plants Will Idle for Two Weeks Amid Slow Sales
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Fiat Chrysler Automobiles NV’s assembly plants in Windsor, Ontario, and Belvidere, Ill., will idle for two weeks this month following a year of declining sales for the minivans and SUVs built in those plants.
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