Business

U.S. economic activity, including trucking and freight transportation, was sluggish in July and August, according to a Federal Reserve report released Wednesday.

Motor carriers and drivers providing emergency in areas affected by Hurricane Gustav will be relieved federal hours-of-service regulations, the Federal Motor Carrier Administration said.

The White House named David Kelly to serve as acting administrator of the National Highway Traffic Safety Administration.

The Federal Motor Carrier Safety Administration has sent a final rule linking the driver certification to the commercial license, and a proposed rule creating a national registry of doctors qualified to certify drivers to the White House Office of Management and Budget.

Crude oil fell more than $2 to below $108 a barrel in early trading Wednesday, as major oil firms said Hurricane Gustav did not cause any significant damage to Gulf of Mexico oil facilities over the weekend, Bloomberg reported.

Ryder System said Wednesday it completed its previously announced acquisition of Gordon Truck Leasing, based in Philadelphia.

American Trucking Associations Wednesday launched ATA Business Solutions, a line of information products, business tools, services, training programs and conferences designed to address critical issues affecting trucking-related companies.

The Environmental Protection Agency said it waived some clean fuel requirements for 16 parishes in the Louisiana until next Monday, Sept. 8, due to Hurricane Gustav, which hit the state Monday.

IdleAire Inc., comprised of six investment management companies, said Monday it now owns essentially all of the bankrupt IdleAire Technologies Corp.’s assets with the official closing late Friday on their successful $17.5 million bid submitted earlier this year.