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The performance claims of engine oil manufacturers are being put to the test by fleets, engine makers and service centers who study the relative benefits and limitations of conventional, synthetic and semi-synthetic blends.

Third-party logistics provider Kane Is Able said Thursday it has named 30-year logistics industry veteran Pete Westermann its president and chief operations officer.

Initial jobless claims fell 10,000 to 424,000 last week, the Labor Department reported Thursday.

The successful application of just-in-time delivery requires every link of the supply chain to remain unbroken. Trucks and their cargo must arrive within a very precise, predetermined period of time — often only hours before the cargo is needed on the assembly line.

U.S. cars and light trucks will be required to carry labels comparing estimated five-year fuel costs with those of the average new vehicle, the Department of Transportation and Environmental Protection Agency said Wednesday.

U.S. commodities regulators have filed a civil lawsuit against two oil traders in Australia and California and three American and international firms over oil market manipulation in 2008, the record-high year for crude prices, the New York Times reported Wednesday.

Durable goods orders slid 3.6% in April, the Commerce Department said Wednesday.

Yokohama Tire Corp. named Yasushi Tanaka the company’s new president and CEO, effective June 29.