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Volvo Trucks North America said Friday it failed to reach agreement with the United Auto Workers union on a labor contract that expired Thursday, and about 2,600 UAW members at its manufacturing plant in Virginia went on strike there Friday.

Diesel engine maker Cummins Inc. said Friday its fourth-quarter profit rose to $198 million, or $1 a share, from $189 million or 94 cents, a year ago.

Construction spending fell 1.1% December, the Commerce Department said Friday.

The Institute for Supply Management’s manufacturing index moved into positive territory and showed expansion in January, ISM said Friday.

Events in the year just ended could foreshadow changes in the way trucking is priced. While some developments involved new trucking technology, others have resulted from legal, legislative and regulatory developments.

U.S. consumer confidence rose in January, according to the University of Michigan’s monthly consumer sentiment index released Friday.

The commission in charge of creating congestion-fee plan for New York City voted Thursday to approve a scaled-down version of an original proposal, but the plan would still charge cars and most trucks fees to enter the central part of Manhattan, the Associated Press reported.

The U.S. unemployment rate dipped to 4.9% in January from 5% in December, though payrolls declined, the Labor Department said Friday.