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Fikes Truck Line named Gary Salisbury its chief executive officer this month, the company said. He takes over from owner and former president Jim Smith, who remains chairman of the board.

Union Pacific Corp. said Thursday its board authorized a two-for-one stock split, effective May 28 to shareholders of record as of May 12.

Truck stop chain TravelCenters of America said Thursday it has agreed to settle a 2006 civil suit by competitor Flying J Inc. regarding processing of card transactions.

More than 25,000 members of the International Longshore and Warehouse Union walked off the job at 29 West Coast ports Thursday, in a protest over the war in Iraq.

Wabco Holdings Inc. said Wednesday its net income rose 53% to $61.3 million, or 91 cents a share, from $40.1 million, or 58 cents, a year ago.

Railroads are facing new federal regulations for shipments of highly hazardous materials, such as chlorine, that could drive more business to trucks.

Manufacturing activity in the Chicago region improved this month, but continued to show contraction, the National Association of Purchasing Management said Wednesday.

General Motors Corp. reported a $3.3 billion first-quarter loss, due in part to a weak U.S. market, a strike at a major parts supplier and plummeting sales of sport utility vehicles and pickup trucks, the Associated Press reported Wednesday.

The United States needs to spend $170 billion more each year on transportation infrastructure to avoid a crisis in the next decade, according to a new study, Bloomberg reported.