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The electoral wave that handed control of the House of Representatives to the Republicans also roiled the body’s transportation committee, ousting the panel’s current chairman and putting Rep. John Mica (R-Fla.) in position to lead the key committee.

Roadrunner Transportation Systems, which went public in May, said its net income rose to $4.4 million, or 14 cents per share, compared with $100,000, or 1 cent, a year ago.

The U.S. unemployment rate was unchanged at 9.6% in October, while the number of jobs grew at the highest pace in five months and trucking jobs taking a slight upturn, the Labor Department said Friday.

YRC Worldwide said Friday its third-quarter loss narrowed from a year ago, as tonnage improved sequentially from the second quarter.

Supporters of a White House-backed push to grant Maine and Vermont a permanent exemption from the 80,000-pound truck weight limit on interstate highways said they will make a second attempt to persuade Congress to act before a pilot program expires on Dec. 16.

The voters have spoken, and analysts and pundits are busily trying to explain the shifts in the political landscape that will result from the overwhelming Republican victory.

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But one immediate potential gain that emerged from the cacophony of chatter in the wake of the election is a chance to move transportation and infrastructure improvement programs along quickly.

The Federal Reserve voted to keep a key U.S. interest rate at a record low and said it would buy $600 billion in government bonds over the next eight months in an effort to shore up the economy.

Commercial vehicle component manufacturer Accuride Corp. Thursday said it posted a third-quarter profit compared with a loss a year ago, as net sales jumped 42%.