Inland Oil & Transport Company has announced the appointment of Melvin W. Axelson as director of corporate development. Inland, based in St. Louis, is one of the nation's largest privately owned transporters of liquid products on the inland waterways. Inland's towboats move petroleum and chemical products for hire on all major rivers, and on the Intracoastal Canal.

Prior to joining Inland, Mr. Axelson was employed by Amoco Oil Company. He has more than 30 years' experience in marine transportation, including serving as superintendent of chartering and scheduling for Amoco. In his new position, Mr. Axelson will engage in developmental planning, business research, and coordination of new projects for Inland.