America's Truckin' Network

American Trucking Associations releases the August For-Hire Truck Tonnage Index, up or down? September Consumer Confidence Index released, a good sign or bad sign? U.S. weekly jobless claims released, sizzling or fizzling? How are oil prices being affected by worries over supply disruptions in Libya, China's latest stimulus plans trying to boost their economy, falling U.S. crude inventories and intensifying conflict between Iran-backed Hezbollah in Lebanon and Israel.

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U.S Department of Transportation praises trucking's efforts in new trafficking report. Amazon boosts warehouse worker pay. Southern California August cargo volumes reported, up or down? Another union threatens to strike, which could lead to suply chain disruptions and possible shortages of consumer products. Oil reacts to reports that China has announced the biggest real estate stimulus package and interest rate cuts; concerns that the escalation of the conflict in the Middle East could hit regional supply and another hurricane threatens oil production in the U.S.

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Teamsters release Presidential endorsement polling data—wow! My thoughts. The August U.S. Trailer orders report was released. Attention is turning to lower-than-normal U.S. Crude oil supplies, significantly since the Strategic Petroleum Reserves were depleted in 2022. Oil reacts to the Fed rate cut, but... the Bank of England holds interest rates at 5.0%, rising tensions in the Middle East and weak demand from China.

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Kevin discusses the Federal Reserve's interest rate cut. August Medium-Duty Truck sales report released, good news or bad news? How Israel planted explosives in thousands of Hezbollah pagers. Chinese Refineries go bankrupt, what does this tell us about China's economy? Which Industries perform best and worst after interest rate cuts? How oil prices reacted to falling U.S. crude stocks, gasoline and distillate build, interest rate cuts and the rise in Middle East tensions after pager blasts.

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As an opponent of climate emergency hysteria, I find it ironic that Hurricane GORDON has been named, given its current status.
Based on past statements by Federal Reserve Chairman Jerome Powell and his criteria for interest rate cuts, any cuts will be more politically motivated than "...to promote the stability and efficiency of the U.S. economy and financial system." Due to weak August economic data, oil reacts to mounting supply disruptions, potential interest rate cuts, falling U.S. crude inventories, and weak crude oil demands.

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Kevin's thoughts on the second assassination attempt on Donald Trump. Economists looking forward to the Federal Reserve possible interest rate cut; will it happen? Super Harvest Moon lunar eclipse tonight, best time to view. Goldman Sachs CEO David M. Solomon "scorches Kamala Harris for turning a report from an independent analyst into 'something that's bigger than what it was intended to be.' Oil reacts to the second assassination attempt on Donald Trump, ongoing impact of Hurricane Francine on output in the U.S. Gulf of Mexico, weaker Chinese economic data released over the weekend and reports that a missile launched by the Houthi terrorists hit Israel.

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Consumer Price Index (CPI) report was released. The Stock Market, Oil Market, businesses, etc. were looking for this final piece of the puzzle as to whether and how much the Federal Reserve will cut interest rates. Did this report support or undermine interest rate cuts? Kevin takes a look at various items in the CPI, which prices are up, which are down. A liberal news organization commits journalism. How is hurricane Francine and an increase in crude inventories affecting oil prices.

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Kevin's take on the Trump vs. Harris debate. Kevin talks about the 23rd anniversary of 9/11/2001. Hero truck drivers surround a school bus during a shooting on the highway. Volkswagon deals with Chinese imports. Volvo reverses the EV push, and oil reacts to decrease the oil demand: Tropical Storm Francine and the weak Chinese economy.

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Kevin takes a look at last Friday's Jobs report, the not so good, the bad and the ugly. Drilling down into the jobs report, an increasing shift from full time to part time and which sectors added jobs and which sectors lost jobs. There has been a significant shift between native-born workers and "foreign-born" workers. Volkswagen is considering closing factories in Germany for the first time in its 87-year history. Oil reacts to potential hurricane formation in the Gulf of Mexico, Libya (again) curtailing production, OPEC+'s decision to delay planned output increases, the sluggish U. S economy and China showing no signs of improving economic conditions.

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Americas Commercial Transportation Research releases Used Class 8 Retail Summary for July: what trends does it show, does it provide optimism going forward and how is inflation, unknown timing of interest rate reduction and lagging freight rates affecting sales. On the heels of a truck driver pay report earlier this week the American Trucking Associations (ATA) releases their Driver Compensation Study; some notable trends and surprises in the report. Oil prices react to demand concerns in the U.S and China, a likely rise in supplies out of Libya, greater than expected reduction from U.S. crude inventories, slower U.S. job growth and OPEC+'s decision to postpone output increases.

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