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Third-party logistics firm Hub Group late Thursday said its board approved a 2-for-1 stock split, effective June 6.

Crude oil spiked to more than $73 a barrel Thursday on renewed concern over world demand, and tensions in Iran and Nigeria that are threatening supplies, Bloomberg reported.

Canadian firms Contrans Income Fund and Clarke Inc. both reported first-quarter profits this week.

Crude oil prices fell early Wednesday following an Energy Department report that showed oil, gasoline and distillate inventories all rose last week.

Less-than-truckload carrier Arkansas Best Corp. said in a regulatory filing Tuesday it has reached an agreement in principle to sell its Clipper intermodal subsidiary to a Canadian firm for $20 million.

Kitty Hawk Inc. said Wednesday it has reached agreement to buy less-than-truckload airport-to-airport carrier Air Container Transport for $5 million.

Chrysler said Wednesday that it planned to add a third shift at an automobile plant in Illinois and add up to 1,000 workers there.

Truck and engine manufacturer Navistar International Corp. said Wednesday that its 2006 earnings will exceed analysts’ forecasts.

Gasoline prices this summer will average about $2.71 a gallon, while diesel fuel is projected to average $2.70 this year, the Energy Information Administration said Tuesday.

The Federal Motor Carrier Safety Administration proposed changing the formula that it uses to run its SafeStat carrier rating system, alterations that may change the fleets identified as posing a crash risk.