Weekly Transportation Update: U.S. adds 303,000 payroll jobs in March as unemployment dips

This week saw a significant increase of 303,000 payroll jobs in the U.S. for March, with job openings remaining stable at 8.8 million. Additionally, diesel prices have dropped, and the ISM manufacturing index indicates expansion.

• The ISM manufacturing index crosses into expansion territory – barely.
• Trucking adds 5,100 jobs following an upward revision of February estimates.
• EPA finalizes phase 3 rules on reducing greenhouse gases in commercial trucks.
• FRA finalizes train crew size rule over carriers’ objections.