Weekly Transportation Update: U.S. Jobs Rise Overall While Trucking Jobs Drop

U.S. economy adds 311,000 payroll jobs in February. 

• Job openings decline in January from an upward revision of prior data. 
• Trucking loses the most payroll jobs in a month since April 2020. 
• Van segments posted their strongest spot rate gains of the year. 
• Intermodal volumes are still sluggish, but coal spurs volume gains in rail carload.