Weekly Transportation Update: Employment Growth Cools in June

Employment growth cools a bit as the U.S. adds 209,000 payroll jobs in June.

• The ISM manufacturing index retreats further in June.
• CARB and truck manufacturers strike deal on California emissions regulations.
• Van segments see seasonal rate strength, but flatbed rates fall.
• Intermodal volume struggles due to Canadian situation; energy is a drag on rail carload traffic.