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Volvo Trucks to Take $780 Million Charge Over Emissions Flaw

Volvo AB, the world’s second-largest truck maker, will set aside $780 million (7 billion kronor) to address a faulty emissions-control component that’s worn out more quickly than expected.

January 4, 2019

Payrolls Rise 312,000 as Wage Gains Exceed Forecasts

U.S. employers added the most workers in 10 months as wage gains accelerated and labor-force participation jumped, reflecting a robust job market that nevertheless faces mounting risks in 2019.

January 4, 2019

Editorial: End the Meal-and-Rest-Break Debate

Now that we finally we have some resolution on the issue of whether interstate truck drivers must follow federal or state rules regarding where and when they can take meal and rest breaks, it’s time to stop the legal wrangling and move forward.

January 3, 2019

White House Says Shutdown Trims 0.1% From GDP Every Two Weeks

The ongoing partial government shutdown will cut U.S. economic output by about 0.1% every two weeks, the chairman of the White House Council of Economic Advisers said.

January 3, 2019

Trump, Congress Eye Possibility of Infrastructure Bill in 2019

While the new Congress and the White House kick off 2019 in the midst of a partial government shutdown, President Donald Trump and the leadership of the U.S. House and Senate have acknowledged that authorizing funding for infrastructure projects will be atop their legislative priorities.

January 3, 2019

Nancy Pelosi Elected House Speaker by Democratic Majority

WASHINGTON — Nancy Pelosi knew this moment would come, even if others had their doubts — or worked to stop her. Pelosi was elected Jan. 3 as House speaker, the only woman who has held the office and now one of few elected officials who will be returning to it.

January 3, 2019

CVSA Complains of Too Many FMCSA Regulatory Exemptions

Federal trucking regulators are exempting too many motor carriers from electronic logging device requirements and other regulations, creating “confusion and inconsistency in enforcement,” according to the organization representing roadside commercial vehicle inspectors.

January 3, 2019

China Said to Be Back for US Soy as Trade Talks Scheduled

China is back in the market for U.S. soybeans after taking a holiday break as Washington and Beijing plan more trade discussions.

January 3, 2019

Firms Hired Most Workers Since Early 2017, ADP Research Says

Companies added the most workers in almost two years to U.S. payrolls in December, exceeding forecasts and signaling that the job market was solid as 2018 came to an end.

January 3, 2019

Economists See No Repeat for Strong 2018 Job Gains

The final report for 2018 is forecast to show employers added 180,000 jobs in December to cap a 2.45 million annual increase, the most since 2015 — but the monthly estimate is the lowest median projection since last January.

January 3, 2019