°®¶¹´«Ã½

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

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.

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.

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

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

Construction spending fell 0.6% in July, the Commerce Department said Tuesday.

U.S. manufacturing fell slightly into contraction levels in August, the Institute for Supply Management said Tuesday.

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 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.