Episodes

  • America's Truckin' Network -- 9/19/24

    America's Truckin' Network -- 9/19/24
    Sep 19 2024
    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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    42 mins
  • 9-18-24 America's Truckin' Network

    9-18-24 America's Truckin' Network
    Sep 18 2024
    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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    42 mins
  • America'sTruckin' Network -- 9/17/24

    America'sTruckin' Network -- 9/17/24
    Sep 17 2024
    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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    41 mins
  • America's Truckin' Network -- 9/11/24

    America's Truckin' Network -- 9/11/24
    Sep 12 2024
    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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    40 mins
  • 9-11-24 America's Truckin' Network

    9-11-24 America's Truckin' Network
    Sep 11 2024
    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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    51 mins
  • America's Truckin' Network -- 9/10/24

    America's Truckin' Network -- 9/10/24
    Sep 10 2024
    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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    41 mins
  • 9-6-24 America's Truckin' Network

    9-6-24 America's Truckin' Network
    Sep 6 2024
    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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    44 mins
  • America's Truckin' Network -- 9/5/24

    America's Truckin' Network -- 9/5/24
    Sep 5 2024
    Tuesday morning, I covered the Trucking industry reacting to the DEA proposal to downgrade marijuana. Some are now taking about whether this will become a "potent" political issue during the November presidential election. The Federal Reserve's preferred inflation gauge, The Core Personal Consumption Price Index (PCE) report has been released; what this means regarding potential interest rate cuts at their meeting Sept. 17-18. U.S. Manufacturing Purchase Managers' Index was released, is the trend up or down. The Commerce Department revised its initial Gross Domestic Product (GDP), the total output of goods and services. Crude oil reacts to pessimism about demand uncertain supply increases; lackluster data from the U.S. and China as well as awaiting crude oil inventory reports.
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    39 mins