National Average Price for Regular Unleaded Current: $3.077; Month Ago: $2.985; Year Ago: $2.085. National Average Price for Diesel Current: $3.208; Month Ago: $3.125; Year Ago: $2.420.

The 10 Roads group of companies — one of the largest U.S. mail haulers — announced Monday it will wind down all operations over the next 60 days and cease service to the U.S. Postal Service (USPS) by Jan. 30, citing steep revenue losses tied to major USPS network changes. In a statement to FreightWaves, the company said it has faced “continued and significant headwinds” across the transportation sector, compounded by fundamental operational shifts at USPS over the past two years. Those changes include increased use of brokers and the insourcing of transportation work — a trend that 10 Roads said has resulted in a 70% loss of revenue with expectations of further declines, company officials said. The company, which has provided mail-haul transportation to USPS for more than 47 years, said it has formally notified USPS of its intent to discontinue service. “We remain very appreciative of our long-standing relationship with the USPS and are committed to supporting a smooth transition,” the spokesperson added.

Oil fell, compounding a monthly decline, after U.S. crude inventories were said to rise by more than expected. Futures in New York fell 0.6 percent, set for the first monthly drop since February. On Wednesday, the American Petroleum Institute was said to report a 1 million barrel increase in crude stockpiles, double the gain forecast in a Bloomberg survey of analysts. Prices have declined about 4 percent since Saudi Arabia and Russia last week proposed to phase out supply curbs by OPEC and its allies. Click Read More below for additional information.