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  • 11-7-24 America's Truckin' Network

    11-7-24 America's Truckin' Network
    2024/11/07
    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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    35 分
  • America's Truckin' Network -- 11/5/24

    America's Truckin' Network -- 11/5/24
    2024/11/05
    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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    39 分
  • 11-1-24 America's Truckin' Network

    11-1-24 America's Truckin' Network
    2024/11/01
    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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    36 分
  • America's Truckin' Network -- 10/31/24

    America's Truckin' Network -- 10/31/24
    2024/10/31
    Americas Commercial Transportation Research released the September trailer orders report, what they tell us and don’t tell us. More layoffs! How many and which company. A U.S. company and a Mexican company have entered into a cross-border and intermodal joint venture, becoming the largest such entity, who are they? Weaker crude prices and refining margins are forcing four of the five supermajor oil companies to borrow money; which companies and for what purpose. Oil reacts to unexpected falling U.S. crude and gasoline inventories, reports that OPEC+ may delay a planned oil output increase and the growing possibility of a new era of “drill baby drill.” Phil Flynn’s Energy Report indicates global markets are increasingly pricing in a Donald Trump reelection
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    41 分
  • America's Truckin' Network -- 10/30/24

    America's Truckin' Network -- 10/30/24
    2024/10/30
    Kevin's thoughts on a recent trip between Cincinnati, OH and Columbus, OH; the number of trucks on the highway and traffic flow; what does this say about the economy and certain potential regulations. El Niño vs human influences on climate change. The latest hurdle for U.S. farmers hoping to provide crop exports. Oil prices react to possible Israel and Lebanon peace talks, weak China demand for oil, anticipated crude inventory levels and potential interest rate cuts from the Fed.
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    43 分
  • America's Truckin' Network -- 10/28/24

    America's Truckin' Network -- 10/28/24
    2024/10/29
    Overdrive Magazine released the results of their poll indicating trucking industry professionals' Presidential preference, we go through the results and break down the information. Oil prices react to Israel's retaliatory strike against Iran's military on Saturday bypassing oil and nuclear facilities, which should not disrupt energy supplies and OPEC + keeping oil output policy unchanged, including a plan to start raising output in December. OPEC+ will meet on Dec. 1.
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    42 分
  • America's Truckin Network -- 10/25/24

    America's Truckin Network -- 10/25/24
    2024/10/25
    Trucking firm selected to deliver the Capitol Christmas Tree, we tell you who it is. Consumers switch to slower shipping, how this will impact earnings at UPS, FedEx, etc. The U.S. Department of Labor releases weekly jobless claims, up or down? Oil prices react to possible reduced energy demand in Europe due to slow economic growth, continued concerns regarding the timing and extent of Israel's retaliation for Iran's Oct. 1st missile attack and changes which may or may not take place pending the outcome of the Presidential election.
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    41 分
  • America's Truckin' Network -- 10/24/24

    America's Truckin' Network -- 10/24/24
    2024/10/24
    Dennis Dellinger, Chairman, American Trucking Associations wrote an article "Trucking Comes Through in Times of Need." The article reiterated the impotance of the Trucking Industry. September Housing starts for Single-Family Home and Multifamily Homes were released, are they up or down and why are they important? How are oil prices affected by rising crude stocks and gasoline inventories, falling distillate inventories, a stronger dollar, Israel beginning stikes on the Lebanese port city Tyre, U.S. Secretary of State Anthony Blinken's failure to secure a easefire between Israel and the Iranian proxies, Hezbollah and Hamas.
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    42 分