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Transportation and logistics firm EGL Inc. said late Wednesday that it named Charles Leonard as chief financial officer.

Stallion Oilfield Services, an oilfield drilling logistics company, said Wednesday it has acquired Oilfield Heavy Haulers, a trucking company based in Louisiana.

The number of workers filing initial unemployment claims fell by 11,000 last week to 302,000 last week, the Labor Department reported Thursday.

US 1 Industries Inc. said its net income for the fourth quarter was $558,253 or 5 cents per share, compared with a net loss of $825,267 or a loss of 7 cents per share a year earlier.

YRC Worldwide Inc., formerly known as Yellow Roadway Corp., said late Wednesday it expected its first-quarter net income to be in the range of 65 cents to 70 cents a share, significantly below its earlier guidance of $1 to $1.05.

Software Firm Gets CBP’s OK For ACE System • Train Accidents, Derailments Decline in 2005

Crude oil, gasoline and distillate inventories fell last week, the Department of Energy said Wednesday.

Nissan Diesel Motor Co., Japan's second-largest automaker, said it will sell 13% of the truck maker's shares to Volvo AB, Europe's biggest truck maker, Bloomberg news reported.

The Bush administration may impose fuel-economy standards for the first time on the nation’s biggest vans and sport utility vehicles, reported the Wall Street Journal.

FedEx Corp. Wednesday said its profit for the third fiscal quarter ended Feb. 28 was $428 million or $1.38 a share, up from $317 million or $1.03 a year earlier.