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In the harshest downturn for American workers in history, employers cut an unprecedented 20.5 million jobs in April and the unemployment rate more than tripled to 14.7%.

A Republican fundraiser and political donor from North Carolina who also worked as an executive at XPO Logistics will be the next postmaster general.

Oil fell in a day of wild price swings as investors weighed supply-and-demand fundamentals against Saudi Arabia’s global price hike.

Legislators are keeping an eye on advancing a new highway policy measure as the federal response to the novel coronavirus dominates much of lawmakers’ time and attention.

The transportation industry has doubled Transportation Secretary Elaine Chao’s call to commit to practices that help combat human trafficking.

Lonnie Orr of Davenport, Iowa, was among the first drivers in the U.S. to take advantage of a federal emergency declaration allowing new drivers to maintain COVID-19 social distancing while having their driving abilities evaluated by a state examiner observing from a trailing vehicle.

The U.S. government’s highway safety agency will not force automakers to recall millions of newer Takata air bag inflators, citing industry research that shows the devices are safe.

Nearly 3.2 million laid-off workers applied for unemployment benefits last week as the business shutdowns caused by the viral outbreak deepened the worst U.S. economic catastrophe in decades.

Oil surged after Saudi Arabia raised prices for its crude globally.

The Federal Communications Commission temporarily allowed broadband interests expanded access to the 5.9 GHz spectrum to battle the coronavirus pandemic.