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  • 12-27-24 America's Truckin' Network

    12-27-24 America's Truckin' Network
    2024/12/27
    U.S. Commerce Department released the Personal Consumption Expenditures price index, what does this inflation gauge tell us about the direction of inflation. The Conference Board released the consumer confidence index for December, Kevin offers his perspective on the report. Initial holiday sales numbers are in, how do they compare to prior years? Oil prices react to the dollar's strength, hopes for addition fiscal stimulus in China, American Petroleum Institute reporting that U.S. crude oil stocks falling and expected confirmation of those declines by the Energy Information Administration.
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    50 分
  • America's Truckin' Network -- 12/24/24

    America's Truckin' Network -- 12/24/24
    2024/12/24
    Winter has officially arrived, from Saturday, the shortest day of the year, the days get longer. The Government funding Bill got passed last week to avoid a Government shutdown, Kevin puts this into perspective. The AM Radio For Every Vehicle Act has once again been left out and not passed. Oil reacts to thin trading ahead of the Christmas holiday, reports of a crude oil supply surplus next year, concerns over the temporary halting of oil flow from Russia to many Eastern European countries over the weekend and Comments from Federal Reserve Chairman Jerome Powell regarding a slower pace of rate cuts next year.
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    47 分
  • America's Truckin' Network -- 12/19/24

    America's Truckin' Network -- 12/19/24
    2024/12/19
    The Federal Reserve cut interest rate for the third time this year; how will this affect your personal finances and the U.S. economy. The U.S. House and Senate have reached a compromise deal on a stopgap funding bill. With everything packed into the Bill one of the most important safety measures, that has had bipartisan support over the last two years was not included, Kevin has the details. U.S. November Class 8 sales have been reported, which brands are up and which are down. Oil reacts to U.S. crude oil stocks falling more the double what was expected; the Federal Reserve interest rate cut and rate cut
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    38 分
  • America's Truckin' Network -- 12/17/24

    America's Truckin' Network -- 12/17/24
    2024/12/17
    The U.S. Bureau of Labor Statistics reported the Producer Price Index for November, Kevin has the details. Toll rates will rise in several states in 2025; which states will be affected, Kevin gives his thoughts about tolls, especially those on the Ohio Turnpike. Oil prices react to China's consumer spending data falling short of expectations, expected interest rate cuts by the Federal Reserve, profit taking and anticipated U.S. crude and distillate inventories falling.
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    37 分
  • 12-12-24 America's Truckin' Network

    12-12-24 America's Truckin' Network
    2024/12/13
    Trucking CFOs and CEOs look to recovery in 2025 with tight budgets, Kevin talks about some of the cost cutting tips, asset usage, using technology, etc. Trucking, Logistics experience another strong Holiday Season, Kevin breaks down the information. DHL releases its 2024 Peak Season Shipping Survey. Oil reacts to the International Energy Agency raising oil demand growth forecast for 2025; Iran accepts tougher oversight at Fordow enrichment plant; higher inflation than expected; U.S. gasoline and distillate rising more than expected last week and expectations of crude oil demand in China.
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    38 分
  • America's Truckin' Network -- 12/12/24

    America's Truckin' Network -- 12/12/24
    2024/12/12
    The National Federation of Independent Business (NFIB) released its Small Business Optimism Index; the first since the November election. Kevin talks about the key points. The U.S. Labor Department's consumer price index has been released. Is inflation continuing to improve? Oil reacts to the European Union agreeing to an additional round of sanctions on Russia and targeting its "shadow fleet"; fuel inventories post larger-than-expected stock builds; OPEC cutting demand growth outlook for 2024 and 2025 for the fifth consecutive month and the anticipated rise in Chinese demand as Beijing plans economic growth boost.
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    49 分
  • America's Truckin' Network -- 12/11/24

    America's Truckin' Network -- 12/11/24
    2024/12/11
    After a weekend of logging 500 miles, travelling to one of our Christmas destination traditions and a new Christmas destination, I talked about what seems to be increased truck traffic. I also mentioned observing what appears to be an air of optimism. Over the past two decades, California has become a juggernaut of solar energy production. Are its residents reaping the benefits? How is it performing as an alternative energy model. Reminder, National Wreaths Across America Day will be held on Saturday, December 14, 2024. To volunteer or donate please visit wreathsacrossamerica.org.
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    41 分
  • 12-6-24 America's Truckin' Network

    12-6-24 America's Truckin' Network
    2024/12/06
    ADP released the number of private sector jobs added in November. How many are there, and how does that compare with the estimates? The U.S. Labor Department announced the weekly initial jobless claims; what do they tell us about the job market? Also reported were the number of people unemployed for 15 weeks or longer, good or bad news? The Commerce Department reported the November trade deficit numbers. Is it expanding or contracting? A meat plant is closing, the company; which company, in which State, and how many people will be affected? Oil reacts to OPEC+'s decision to delay oil production output increases until the end of the 1st quarter in 2025, estimates of an ample supply in 2025, the continuing shaky Israel-Hezbollah ceasefire, and President-elect Trump's envoy traveling to Qatar and Israel to kick-start a Gaza ceasefire and hostage release deal.
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    39 分