10 ROADS EXPRESS TO SHUT DOWN AFTER USPS LOSS
USPS contractor 10 Roads Express said it will wind down operations after a 70% revenue hit tied to the Postal Service’s network revamp, with services to continue through January 30, 2026 during the transition. The carrier, long a major mail hauler, cited insourcing and broker use as key factors in its decision.
RIVIAN RECALLS 34,824 ELECTRIC DELIVERY VANS OVER DRIVER SEAT BELT DEFECT
Rivian is recalling 34,824 EDVs, largely used in parcel delivery fleets, after reports of seat belt pretensioner cable damage linked to drivers sitting on buckled belts; an OTA update and inspections are planned, with no injuries reported. NHTSA opened a probe earlier this year into fraying cables on the vans.
MAERSK NORTH AMERICA: OCEAN CAPACITY STEADY AS INLAND NETWORKS TIGHTEN INTO HOLIDAY PEAK
Maersk’s December North America update says ocean space remains available while inland freight faces pressure from railcar shortages and driver constraints. The carrier is monitoring Red Sea developments and notes parcel networks are managing strong seasonal demand heading into December.
TRANSPACIFIC SPOT RATES SLIDE; RED SEA ‘REBOUND’ NOT YET MATERIALIZING, FREIGHTOS SAYS
Freightos reports Asia–US West Coast rates down 10% to $1,715/FEU and East Coast down 17% to $2,863, nearing 2025 lows; daily rates hint at another GRI attempt. A future Red Sea normalization could briefly congest Europe before adding capacity and pushing rates lower again.
DOE/EIA: DIESEL DROPS 7.3¢ TO $3.758; REGULAR GASOLINE FALLS TO $2.985
For the week of December 1, EIA reports the U.S. on-highway diesel average at $3.758/gal (down 7.3 cents w/w) and regular gasoline at $2.985/gal, easing cost pressure on linehaul and last‑mile fleets as year-end shipping continues.
TRUCKING STOCKS RALLY; SAIA, ODFL, JB HUNT, FORWARD AIR, KNIGHT-SWIFT JUMP
IBD says transport names are up roughly 7% on the week, with Old Dominion gaining after an upgrade and J.B. Hunt hitting a 52‑week high and securing a $1.7B credit line. Analysts remain split on whether the rebound signals a durable upturn amid soft consumer demand and tariff uncertainty.
U.S. CRACKDOWN ON NONCOMPLIANT TRUCKING SCHOOLS ADVANCES; IMMIGRANT DRIVERS FACE NEW SCRUTINY
AP reports stepped‑up enforcement of driver‑training standards won’t materially disrupt capacity, but heightened audits and license reviews have immigrant drivers concerned. Industry voices back safety benefits while warning of unintended labor impacts as the market remains soft.
WARN FILINGS: 10 ROADS EXPRESS TO CUT 84 JOBS IN TAMPA AS NATIONWIDE SHUTDOWN PROCEEDS
Florida WARN notices show layoffs begin Jan. 30 tied to 10 Roads Express’ wind‑down following steep USPS‑related revenue losses. The contractor said it will continue service commitments through late January while it exits the business.
10 ROADS EXPRESS TO PERMANENTLY SHUTTER, LAYING OFF ABOUT 2,000 WORKERS
Trucking Dive reports 10 Roads notified USPS it will end contracts Jan. 30 after a 70% revenue drop from network changes, including more brokered and insourced transport. The carrier said it will maintain service through the wind‑down period.
ADMINISTRATION PROPOSES SHARP ROLLBACK OF U.S. FUEL-ECONOMY STANDARDS
A new NHTSA proposal would lower the corporate average to 34.5 mpg by 2031 and end credit trading by 2028, moves that could raise gasoline consumption and alter light‑duty fleet strategies. Automakers voiced support for flexibility as environmental groups criticized the plan.
FMCSA’S GROTE REAR-LAMP EXEMPTION TAKES EFFECT DEC. 3 FOR TRAILERS/VAN BODIES
CVSA notes FMCSA’s renewal allowing amber brake‑activated pulsating lamps on the rear of trailers and van body trucks is effective today, Dec. 3, 2025, through Dec. 2, 2030. The agency also recently revoked several noncompliant ELDs in separate actions.
AAA: U.S. GASOLINE AVERAGE DIPS BELOW $3 FOR FIRST TIME SINCE 2021
The national average hit $2.998 on Dec. 2, with 18 states below $2.75, easing consumer and delivery‑fleet costs. West Coast prices remain elevated versus the national mean despite recent declines.
EIA OUTLOOK: FUEL PRICES TO EASE IN 2025–26 EVEN AS DIESEL CRACK SPREADS WIDEN
EIA projects rising diesel refining margins next year and into 2026, while average pump prices trend lower; AAA lists U.S. diesel at $3.739/gal on Dec. 2. Carriers may see lower headline fuel bills but persistent spread-driven surcharge dynamics.
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