Business

With the nation’s transportation system facing a shortage of skilled talent, many industry executives, academic experts and government officials are calling for a national effort to attract and train more people for transportation-related jobs — from truck drivers and warehouse managers to highway engineers and public policymakers.

RALEIGH, N.C. — Maintenance directors meeting here shared techniques for combating rust and other forms of corrosion, which they said are a plague to trucks.

YRC Worldwide Inc. has completed its financial restructuring process, issuing 1.9 billion new shares of stock, driving its shares to an all-time low and raising the prospect of new steps to buoy the trading price.

The Federal Highway Administration has given Virginia approval to begin the process of imposing tolls on Interstate 95, the busiest north-south corridor on the East Coast.

RALEIGH, N.C. — Jeffrey Schlecht, who won the Technology & Maintenance Council’s Super-Tech competition last year, repeated as grand champion last week.

Package delivery giant FedEx Corp. improved net income by 22% to $464 million in its fiscal first quarter as the less-than-truckload unit delivered solid profit growth.

The average pump price for U.S. retail diesel declined for a second straight week, sliding 2.9 cents to $3.833 a gallon, the Department of Energy reported.

Rep. John Mica (R-Fla.), chairman of the House Transportation and Infrastructure Committee, confirmed Friday that the House Republican leadership agreed he can seek additional revenues for a transportation reauthorization bill — a move that would avoid a projected 30% cut in federal transportation spending.

President Obama, speaking before a bridge on the Ohio-Kentucky border that carries heavy truck traffic, made a pitch for infrastructure spending and his jobs plan.