America's Truckin' Network

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.

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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.

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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.

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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.

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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.

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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.

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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.

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My take on presidential election night, my streak of watching 16 elections until the wee hours of the morning (sometimes sleep is overrated), how well did the pollsters predict the results, and how well did AI predict the battleground states? Investors consider the impact of the Trump presidency on oil supply and demand, a soaring dollar, U.S. crude inventories rising more than expected, and the possibility of sanctions on Venezuela and Iran.

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How my wife and I helped the Cincinnati Bengals beat the Las Vegas Raiders on Sunday. The Bureau of Labor Statistics reported the jobs numbers for October, we dig into the numbers, were they up or down? Vast ancient Mayan city is found in a Mexican jungle; what happened to the people? Oil reacts to OPEC+'s decision to delay plans to increase output, the presidential election, a possible hurricane forecast threatening U.S. Gulf production, possible interest rate cuts from the Fed this week, escalation in Middle East tensions and whether China's additional stimulus measures will boost their economy.

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The U.S. Commerce Department released the 3rd Quarter Gross Domestic Product report, we break it down and talk about it. The Conference Board released the consumer confidence index report, good news or bad news? Ford announces an adjustment to the Michigan factory that produces its signature electric vehicle, the F-150 Lightning plug-in pickup truck, will production increase or decrease? Oil reacts to U.S. gasoline stockpiles hitting a two year low and the potential for OPEC+ to delay a planned output increase in December. Oil traders are awaiting the outcome of the U.S. presidential election this coming Tuesday, trying to gauge the impact of a Harris or Trump administration on oil production, sanctions and prices.

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