The service centers are in smaller markets, and ArcBest plans to consolidate their operations into other facilities within the affected regions.

Mexican drivers and trucking operators have come under pressure from the Trump administration as federal agencies take a harsher stance on illegal activities.

The maintenance shutdown could potentially exacerbate fuel market tightness in northeastern U.S. states that rely on the plant for gasoline and diesel imports.

“Let’s see exactly how it will play out now, because it has been a very recent development,” Volvo Group CEO Martin Lundstedt said during the Q2 earnings call.

The average cost to operate a truck in 2025 was $2.336 per mile — the highest since ATRI’s Analysis of the Operational Costs of Trucking was launched in 2016.

The price for a barrel of Brent crude, the international standard, rose  3.9% to $87.48 per barrel. Oil prices are near their highest level in a month.

Average pump prices stood at $3.98 a gallon as of July 16, according to data from the American Automobile Association — up nearly 20 cents in just 10 days. 

Mandatory evacuations across the Texas Hill Country are underway as life-threatening flash floods wreck bridges and roads with more heavy rain expected overnight.

Canadian Prime Minister Mark Carney defended his decision to give the U.S. a share of the profit from a new bridge between Ontario and Michigan.

Chevron expects to sign accords with Iraq on July 17 to advance negotiations about investing in large oil fields and a pipeline to bypass the Strait of Hormuz.