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Truckload carrier Landstar System Inc. said Thursday that in the first quarter it earned a record $17.9 million or 29 cents a share, compared with $8.1 million or 13 cents a year earlier.

Vehicle parts maker Eaton Corp. said Thursday its first-quarter profit rose 40%, helped by acquisitions and sales of parts for heavy-duty trucks.

The House voted to repeal the estate tax on inherited wealth, which could cut as much as $290 billion in government revenue over the next 10 years, Bloomberg reported.

Business inventories rose 0.5% in February, the Commerce Department reported Thursday.

The number of U.S. workers filing for initial unemployment benefits fell by 10,000 in the week ended April 9, the Labor Department said Thursday.

A House committee by a 30-13 vote approved drilling for oil in Alaska’s Arctic National Wildlife Refuge, the Washington Post reported Thursday.

Yellow Roadway Corp. and USF Corp. said Thursday that the U.S. Justice Department had cleared any antitrust concerns about Yellow Roadway’s pending acquisition of USF.

J.B. Hunt Transport Services Inc. reported record first-quarter earnings late Thursday, with a profit of $47 million or 57 cents a share, compared with $33 million or 40 cents a year earlier.

U.S. BioTec Inc. said Wednesday that its new logistics subsidiary, TelStar Logistics Corp., began operations this week.

U.S. economic growth will average 3.6% this year, the fastest among the world's leading industrialized nations, according to a new International Monetary Fund report, Bloomberg reported Wednesday.