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David Stone will resign as director of the Transportation Security Administration, the agency said Friday.

UPS Inc. said Thursday it was adding new freight and logistics options to customers doing business within Asia.

Air and ocean freight forwarder UTi Worldwide Inc. reported net income of $189.6 million or 58 cents a share for its fiscal year 2005 fourth-quarter ended Jan. 31, compared with $12.2 million or 38 cents the previous year.

Diesel and gasoline prices this summer will remain high, with diesel at an average $2.24 a gallon and gasoline at $2.28, the Energy Department’s Energy Information Administration said in a report released Thursday.

U.S. wholesale inventories rose 0.6% in February to $345.1 billion, the Commerce Department said Thursday.

J.B. Hunt Transport Services Inc.’s audit committee decided to change accountants for the truckload carrier, hiring Ernst & Young and firing KPMG, the Springdale (Ark.) Morning News reported Thursday.

OPEC oil producers may produce more oil to cope with surging world demand and the cartel’s ministers will meet in June with European Union officials, news reports said Thursday.

Logistics firm Stonepath Group reported a net fourth-quarter loss of $6 million or 15 cents a share, compared with net earnings of $1.7 million or 4 cents a year earlier.

The number of U.S. workers filing for initial unemployment benefits fell by 19,000 in the week ended April 2, the Labor Department reported Thursday.

A federal judge proposed to broker a compromise between the Washington, D.C., government and CSX Transportation Inc. in an ongoing dispute over the city’s pending ban on rail shipments of hazardous materials, the Washington Post reported.