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The price of crude oil closed at $61.28 on the New York Mercantile Exchange as Tropical Storm Cindy struck the Louisiana coast, heightening supply fears, Bloomberg News reported Wednesday.

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DHL Worldwide Express agreed Tuesday to stop delivering cigarettes bought over the Internet or via mail, New York state Attorney General Elliot Spitzer told Bloomberg News.

Mediation between port truckers and brokers aimed at resolving an eight-day long strike at the Port of Vancouver failed Tuesday, Reuters reported, leaving more than 1,000 drivers off the job at Canada’s largest container port.

The Department of Transportation said Wednesday its transportation services index edged 0.1% higher to 111.7 in April.

The average price of diesel fuel in the United States rose 1.2 to a new record price $2.348 a gallon, the Department of Energy said Tuesday. br clear = all>

NASHVILLE, Tenn. – Trucking companies are under increasing pressure to raise driver wages, invest in safety technology and offer extensive training programs as they compete to retain drivers and attract new ones in the face of an ever-worsening labor shortage, according to motor carrier officials.

The number of orders placed with U.S. factories rose 2.9% in May, the Commerce Department reported.

The U.S. Senate last week approved an energy bill that called for great use of biofuels, incentives for diesel engine retrofits and a reduction in oil consumption.

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