America's Truckin' Network

Consumer confidence reports released; what does it tell us? News regarding Stellantis, Ford Motor Co. and GM; are they displaying strength or weakness? Oil reacts to the Israel - Lebanon ceasefire, OPEC+ begins discussions to continue production cuts or increases, Trump threatens 25% tariffs on Canadian and Mexican goods unless they stem the massive flow of immigration and drugs across the borders, and anticipated crude oil stockpile data dew from the American Petroleum Institute.

Thanksgiving week, time to enjoy family and friends. Record number of people traveling this week, will the weather cooperate? Just in time for this travel week, some service workers at airports have gone on strike, which airports? We'll tell you. AAA adds electric vehicle charging data to its new "Fuel Prices" website. Oil reacts to reports that Israel and Lebanon had agreed to the terms of a ceasefire, OPEC+ considering keeping production cuts in place and the potential of the Russia-Ukraine war expanding to a wider conflict.

Trump names Howard Lutnick as Commerce Secretary, what this will mean for the business community and the various data reports coming from the department. Trucking firms and members of the state Assembly call on NY Governor Hochul to delay EV mandates. Litigants allege EPA cannot legally mandate electric trucks. Oil reacts to escalation of the Russia-Ukraine war, OPEC+ may delay output increases in December, China announcing policy measures to boost trade and increasing U.S. crude inventories. Phil Flynn, Senior Analyst Price Futures Group in his Energy Report points out that the incoming Trump Administration is signaling to the International Energy Agency to be more accurate in their data reporting. Also, Canadian oil companies are exploring the possibility of building pipelines and finishing the Keystone XL pipeline.

American Trucking Associations released the For-Hire Truck Tonnage Index for October, good news or bad news. October Medium-Duty Sales reported by Wards Intelligence some increases and decreases. Merger and Acquisitions continue, who's buying and who is being acquired? Dockworkers and Railroad Unions contract negotiations are the clouds looming over the economy early next year, the issues and the chances of avoiding strikes. Oil reacts to the Russia-Ukraine war intensifying, U.S. vetoing a UN Security Council resolution for a Gaza ceasefire, OPEC+ possibly delaying output increases, full output capacity restored at a key North Sea oilfield, U. S. crude and gasoline inventories rising more than expected and anticipated Federal Reserve interest rate cuts.

Trump chooses a former Congressman for the Department of Transportation Secretary; who is it, and what does it mean for infrastructure projects? Oil reacts to Norway's oilfield restarting production, reports of Iran offering to cap its uranium stockpile, Biden allowing Ukraine to use U.S. missiles to strike into the Russian homeland, and estimates that U.S. crude oil and gasoline inventories rose last week ahead of the upcoming report.

Leading freight companies prepare for trucking turnaround, who are they? Truck driver demand indications, up or down? AAA issued its latest prediction of how many people will travel over the Thanksgiving Day holiday, Tuesday Nov. 26 to Monday, Dec. 2. Oil reacts to production halting at western Europe's largest oil field (located in Norway) due to an onshore power outage and Russia's war in Ukraine escalated over the weekend.

Truckload turnaround? Original Equipment Manufacturers give their forecasts for 2025. Wards Intelligence releases data on Class 8 truck sales, are they up or down? Climate summit, COP (Conference of the Parties) 29 opens in Baku, Azerbaijan with the President of Azerbaijan dropping a bomb shell. U.S. Department of Energy said that 200 million barrels of oil have been delivered to the Strategic Petroleum Reserve, we do the math. Tropical Depression 19 expected to hit Honduras and neighboring countries. Oil holds steady.

Groups representing the trucking industry, construction sector, business community and others express optimism to an incoming Trump administration. American Trucking Associations President and CEO Chris Spear, U.S. Chamber of Commerce President and CEO Suzanne Clark and National Association of Manufactures President and CEO Jay Timmons weigh in. Rush Truck Centers Gary Willis, VP of Marketing and Communications and Jody Pollard, Senior Vice President Sales and Marketing join me to talk about the winner of the Rush sweepstakes for the last Peterbilt 389X, market outlook for the 4th Qtr. 2024, 2025 and much more. How will oil prices be affected by OPEC's lower demand forecast, the U.S. dollar advancing to a 7-month peak after inflation data, Saudi Crown Prince and Russia's Putin talking "close coordination" with OPEC+ and estimates of weekly crude oil inventory data.

Kevin discusses the Federal Reserve's decision to cut interest rates by a ¼ percentage point. Americas Commercial Transportation Research Co. released data on Class 8 Truck Orders for October, were they up or down? China and the European Union, a possible trade war? Oil reacts to OPEC's latest downward revision for demand growth, a stronger U.S. dollar and disappointment over China's latest stimulus plan.

Kevin talks about how people seem to have a sense of optimism, that help is on the way. What a Trump Presidency means for EVs, Oil, LNG exports, Offshore Wind, Clean Energy Tax Credits, High-Tech Loans and Power Plants. Oil reacts to China's latest stimulus plan failing to boost their economy, a stronger dollar and expected non-OPEC crude oil supply increasing.