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The price of crude oil rose to a record $47.35 a barrel on Wednesday morning in New York after the Department of Energy said U.S. supplies declined for a third straight week, Bloomberg reported.

The Department of ºÚÁϳԹÏÍøland Security on Tuesday said that trucks carrying freight into the United States from Canada and Mexico would need to file electronic manifests with the government at least 30 minutes before arriving, the Associated Press reported.

The Transportation Security Administration announced it had hired consultant BearingPoint Inc. to begin the third and final test phase of its Transportation Worker Identification Card program.

For the 67th time, truck drivers from across America will make the trek to the National Truck Driving Championships seeking individual glory in an event that also builds the image of the industry.

Consultant Says Freight Security Low • Commission Urges Deadlines for Closing Security Loopholes • Chase Involving Stolen Truck Ends at NSA Headquarters • Oklahoma Creating Radio Alert System

Industrial production rose 0.4% in July, the third increase in the past four months, the Federal Reserve reported Tuesday..

The average price of retail diesel fuel rose 1.1 cents to $1.825 per gallon, the third straight week it has set a new record high, the Department of Energy said Monday.

The Labor Department said Tuesday that consumer prices fell 0.1% in July, the first decline in eight months..

The federal government probably would wait until just before a 45-day court deadline expires before announcing its response to the court’s decision overturning its revised driver hours-of-service regulations, said Department of Justice officials.

The price of crude oil futures in New York rose to a record $46.95 a barrel on Tuesday afternoon as strong economic reports boosted concern that production capacity may not be adequate to meet global demand, Bloomberg reported.