America's Truckin' Network

The U.S. Bureau of Labor Statistics released the Consumer Price Index Report, Kevin digs into the data, discusses the details, offers his insights and puts the information into historic perspective. Progress has been made on negotiations between the U.S. and China regarding rare earth minerals and tariffs; Kevin has the details and offers his insights. Kevin discusses some of the factors affecting oil and gas prices.

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The National Federation of Independent Business released their monthly Small Business Optimism Index; Kevin takes a look at the data, offers his insights and puts the information into historical perspective. The U.S. Senate Finance Committee is considering "watering down" Trump's tax promises; Kevin looks at the items and adjustments, offers his opinion, insights and how you can voice your opinion. Kevin offers an update on the tariff talks between China and the U.S. Additionally, Kevin points out how China may be trying to avoid any possible tariffs. President Trump has delayed tariffs on the European Union until July 9th. Costco posted their revenue and profit numbers and their plans regarding potential tariffs; Kevin talks about the details and offers his insights. Oil and gas prices react to U.S. and China trade talks, Saudi crude exports to China set to fall slightly, anticipated U.S. crude oil inventory data from API and EIA, new sanctions on Russia and OPEC+ output increases.

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The U.S. Bureau of Labor Statistics released the May Nonfarm Payroll report; Kevin looks into the data, offers his insights and puts the report in perspective. Additionally, the Unemployment Rate and Wage Growth reports were released; Kevin has the details and offers his insights. The Commercial Vehicle Safety Alliance will now be enforcing a law suspended for nearly a decade due to an Obama-era executive order; Kevin explains and discusses the details. Oil and gas prices react to U.S. and China trade talks in London, a weaker U.S. dollar and possible increased oil production from the OPEC+ countries.

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Campbell's Soup Company released a report regarding consumers' dinning habits as a sign of economic times; Kevin has the details, some thoughts on this and an opinion or two. On Wednesday the Federal Reserve released the data, on the economy, from their "Beige Book"; Kevin has the details, offers his insights and discusses the information. The U.S. Labor Department released the Weekly Jobless Claims report; Kevin sorts through the data, challenges some of the conclusions, offers his insights and offers some information not included in the report. Oil and gas prices react to President Trump and China's leader Xi Jinping agreeing to meet, face to face, on trade and tariffs during a phone call, U.S. gasoline and distillate inventories posting big weekly builds, Saudi Arabia cuts in prices for Asian crude buyers, geopolitical events and Canadian wildfires. Kevin offers his thoughts on the 81st anniversary of D-day.

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ADP Research released the Private-Sector Payroll report; Kevin digs into the data, explains the information and offers his insights. The Institute for Supply Management released the Services ISM Report on Business; Kevin sorts through the data, clarifies the information and puts it into perspective. S&P Global issued their Services Purchasing Managers Index; Kevin has the details. Oil and gas prices react to larger-than-expected U. S. inventories of gasoline and diesel, unexpected drop in U.S. crude oil inventories, OPEC+ crude oil supply increases, "persistent tariff tensions" and Canadian wildfires.

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The latest Atlanta Fed GDPNow growth estimate for the 2nd quarter has been released; Kevin has the details and offers his insights. Additionally, the Atlanta Fed further explained the reason for the negative growth in the 1st quarter and put it into perspective. The U.S. Commerce Department's Census Bureau reported new orders for manufactured goods: Kevin digs through the data, which sectors are up or down and offers his insights. The Institute for Supply Management's manufacturing index was released on Tuesday; Kevin discusses the data and puts the data into historic perspective. Also on Tuesday, the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey was released; Kevin discusses the data and the whether the job market is strengthening or weakening. Oil and gas prices react to Russia and Ukraine "settlement" discussions, Iran's rejection of the U.S. nuclear proposal, Canadian willdfires interrupting crude oil production and a possible interest rate cut.

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The U.S. Commerce Department released the Personal Consumption Expenditures Price Index and the Core Inflation Index, the Federal Reserve's key inflation measure; Kevin has the details, discusses the data and offers his perspective. Also released on Friday, Consumer Spending and Personal Income reports; Kevin digs into the numbers and offers his perspective. A business news network commits journalism regarding Tariffs and Inflation. States are increasing fuel taxes: Kevin points out how this will affect nationwide gas price averages and energy cost inflation. Kevin has the news, geopolitical factors, wildfires and OPEC+'s crude oil production plans are affecting oil and gas prices.

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Hurricane season begins on June 1st and runs through November 30th ; Kevin has the forecast/estimates of named storms and hurricanes and offers his insights. Federal Reserve Chairman Jerome Powell visited the White House for a meeting with President Trump on Thursday; Kevin has the details and offers his insights and opinion. The U.S. Bureau of Economic Analysis revised the first quarter Gross Domestic Product; Kevin has the details, revisits the factors that went into the previous estimate, puts the information into perspective. The U.S. Labor Department released the Weekly Jobless Claims; Kevin has the details and offers his perspective. The National Association of Realtors (NAR) on Thursday. released its Pending Home Sales Index: Kevin discusses the numbers and offers his perspective. Oil reacts to ongoing talks between Iran and the U.S. to rein in Iran's nuclear activities, a U.S. court blocking President Trump's tariffs, the possibility that OPEC+ could hike crude oil output, falling U.S. crude oil, gasoline and distillates inventories.

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The U.S. Senate voted to block California's Clean Air Standards; Kevin has the details, why this is important to the trucking industry, the general driving public and the entire Country. Oregon and Vermont halt zero-emission truck mandates; Kevin discusses this, how these mandates came to be and offers his insights. Oil and gas prices react to OPEC+ keeping their output policy unchanged, Canadian wildfires, Chevron's Venezuelan oil curbs, Eight OPEC+ members expected to agree to output boost on Saturday.

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The Conference Board's Consumer Confidence Index for May was released on Tuesday; Kevin has the details, discusses the information and offers his insights and perspective. The U.S. Commerce Department released the April Durable Goods Orders report: Kevin sorts through the data, explains the information and puts it into perspective. Americas Commercial Transportation Research Company and the Freight Transportation Research Associates Transportation Intelligence reported their respective April Class 8 Truck Orders numbers; Kevin discusses the results. Wards Intelligence reported April Class 8 Truck Sales; Kevin has the details. Oil and gas prices react to strong gasoline demand over the Memorial Day holiday, Russia's increased missile and drone attacks on Ukraine, the German Chancellor's an escalation, encouraging Ukrainian attacks deep into Russia and OPEC+'s anticipated announcement of crude oil output hike later this week.

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