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Truckload carrier U.S. Xpress Enterprises Inc. said it had acquired 41% interest in trucking company Total Transportation of Mississippi and companies affiliated with TTMS.

March retail sales rose 0.3%, the Commerce Department reported Wednesday, less than forecasters had predicted.

Annette Sandberg, administrator of the Federal Motor Carrier Safety Administration, last week asked a Senate subcommittee to include truck drivers’ hours-of-service rules in the multiyear highway funding bill because it would help establish clear guidelines and eliminate the uncertainty surrounding the issue.

Chris Wolfe resigned as president of Qualcomm Inc.’s wireless business unit and was replaced by Joan Waltman, the company’s vice president of engineering, Qualcomm said Wednesday.

A House committee approved a bill Wednesday that would allow the U.S. Postal Service to raise rates more easily and operate more like a private business, Bloomberg reported.

Crude oil prices continued to fall Wednesday, dropping below $51 a barrel following a Department of Energy report showing strong inventories for both oil and gasoline.

Truckload carrier P.A.M. Transportation Services Inc. said late Monday its board of directors had authorized the company to repurchase up to 600,000 shares of its common stock over the next six months.

The U.S. trade deficit rose to an all-time high of $61 billion in February, the Commerce Department reported Tuesday.

Thirty-three U.S. governors are seeking to expand federal mandates for the use of ethanol as a fuel additive, the Wall Street Journal reported Tuesday.

American Trucking Associations said last week it had named John McKinnon regional vice president for the mid-South, comprising North Carolina, South Carolina, Virginia, Maryland, West Virginia, Kentucky and Tennessee.