America's Truckin' Network

Kevin offers his insights and opinion on the increasing criticism of Federal Reserve Chairman Jerome Powell and covers the following stories: ADP released their National Employment Report (Private Payrolls); The U.S. Labor Department released the weekly jobless claims; the U.S. Commerce Department released the Personal Consumption Expenditures Price Index; the U.S. Bureau of Economic Analysis reported June Personal Income, Consumer Spending and Personal Savings Rate; the U.S. Commerce Department reported Personal Consumption Expenditures (the Federal Reserve's preferred inflation gauge); a provision in the One Big Beautiful Bill that eliminates a regulation many have wanted eliminated for 50 yrs.; Kevin has the details, sifts through the data, puts the information into historic perspective and offers his insights and an opinion or two. Oil reacts to various geopolitical events, sanctions and ongoing trade talks.

Kevin covers the following stories: the U.S. Commerce Department reported the 2nd Qtr. Gross Domestic Product (GDP); two of President Trump's loudest and harshest critics regarding tariffs admit they were wrong; The Federal Reserve announces their decision regarding interest rates; Kevin has the details, looks at the data, explains the information, offers his insights, puts the particulars into historical perspective and puts forth an opinion or two.

Kevin covers the following stories: "They said it couldn't be done but President Trump keeps doing it anyway." - Phil Flynn, Price Futures Group; S&P Dow Jones Indices released the May 2025 results for the S&P CoreLogic Case-Shiller Indices - U.S. prices; the Conference Board released the U.S. consumer confidence index; Daimler Truck announced a major change in their focus on certain trucklines, job cuts and the challenges they face this year; J.B. Hunt releases 2nd Qtr. results; Kevin sorts through the data, discusses the details, puts the information into perspective, offers his insights and some opinions. Oil and gas prices react to continuing U.S. - China trade talks, President Trump's shorter deadline for Russia to negotiate an end to the war with Ukraine or face more severe sanction on its oil flows, the upcoming Federal Reserve's interest rate decision and the trade agreement between the U.S. and the EU. Kevin makes predictions on what the 2nd Qtr. GDP will be and whether the Federal Reserve will reduce interest rates.

These are the stories and topics Kevin covered this morning: Trump strikes a trade deal with the EU; Chevron will soon be able to restart oil production in Venezuela; Chevron gets approval from the International Chamber of Commerce in Paris for a major acquisition; Chevron announces layoffs in the Houston area; on Friday, the U.S. Commerce Department released June Durable Goods Orders; Industry experts discuss Transport Merger and Acquisition during the first half of 2025; Kevin has the details, digs into the data, puts the information into historic perspective, offers his insights and an opinion or two. Kevn talks about the Federal Reserve meeting this week, mentioning that much of the data, upon which the Fed claims they make their decision, is being released before they have had a chance to analyze it. Oil reacts to the U.S. and EU trade agreement, President Trump shortening the deadline for Russia to end the war in Ukraine, OPEC+ stresses the need for full compliance with output limits from their members and continuing trade discussions between the U.S. and China.

The following stories were covered during today's show: The White House released "Winning the AI Race: America's AI Action Plan;" the U.S. Labor Department reported the U.S. Weekly Jobless Claims; S&P Global released the Composite Purchasing Manager's Index (PMI), the Manufacturing PMI Contracts, and Services PMI; the Mortgage Bankers Association reported the Weekly Mortgage Application Volume Index; the U.S. Commerce Department's Census Bureau reported June U.S. New Home Sales; Kevin has the details, sifts through the data, offers his insights, puts the data into historic perspective and offers an opinion or two. Oil and gas prices react to expected Russian cuts in gasoline exports, optimism over U.S. and European Union trade negotiations, sharper than expected draws on U.S. crude oil inventories, ongoing Russia and Ukraine peace talks and uncertainty over U.S. - China trade talks.

Kevin covers the following stories: The National Association of Realtors reported June Existing Home Sales; President Trump announced a trade framework with Japan; Kevin has the details sorts through the data, puts the information into perspective, offers his insights and offers an opinion or two. Kevin interviews Tim Wullenweber, Vice President Sales and Marketing, Coolants Plus/StarFire. They discuss lower viscosity lubricants, new API specs for heavy duty motor oil and heavy-duty antifreeze. Oil and gas prices react to U.S.-Japan trade deal. expectations ahead of EU-China summit and U.S. Energy Information Administration data on crude oil inventories.

Kevin mentions the passing of rock legend Ozzy Osbourne. Stories covered today include: Delaware to hike tolls next month - the reason and who takes the biggest hit; Bank of Canada Poll regarding "tariff risks;" Averitt makes a major announcement; Kevin has the details, sifts through the data, puts the information into perspective and offers his insights and an opinion or two. Oil and gas prices react to the looming deadline for trade talks, the European Union exploring counter-measures amid fading prospects of a U.S. trade deal, diming chances of a U.S.-India trade agreement and new global economic concerns.

Kevin covered the following stories: the University of Michigan released their Survey of Consumers (Consumer Sentiment); the U.S. Commerce Department reported single family home building permits; the U.S. Commerce Department's Census Bureau reported single family housing starts; the U.S. Conference Board published the Leading Economic Index (LEI); Ward's Intelligence released June Class 8 Truck Sales; Volvo reported 2nd Quarter earnings; Kevin has the details, digs into the data, puts the information into historic perspective offers his insights and an opinion or two. Crude Oil and Gas prices react to the EU's 18th package of sanctions, potential Iran nuclear talks with Britain, France and Germany, pending tariffs, set to kick in on August 1st and rumors of possible meeting between President Trump, Russian President Vladimir Putin and Chinese President Xi Jingping.

Kevin covers the following stories: the U.S. Labor Department released the Weekly Jobless Claims Report; the U.S. Commerce Department released the June Retail Sales report; the Federal Reserve's periodic evaluation of the economy, known as the Biege Book, was released; the National Association of Home Builders released their Monthly Builder Confidence Survey; Trump announces a major agreement with Coca-Cola and all that is affecting oil and gas prices. Kevin has the details, digs into the data, offers his insights, puts the information into historic perspective and offers an opinion or two.

Kevin covered and discussed the following stories: -The U. S. Bureau of Labor Statistics released the Producer Price Index -President Trump attended The Energy and Innovation Summit at Carnegie Mellon University with top Tech and Energy executives and Crude oil and gas prices Kevin has the details, discusses the data, puts the information into perspective, offers his insights and opinion.

U.S. Bureau of Labor Statistics reported the June Consumer Price Index; Kevin has the details, digs into the data, offers his insights, puts the information into historical perspective and offers his opinion. The Port of Los Angeles reported their June import volumes; Kevin has the details, discusses the data, adds his perspective and explains how this might affect the overall economy. Oil and gas prices react to potential sanctions on Russia, China's economic data and anticipated oil demand for the rest of the year.

These are the stories discussed today: -Ford recalls 850,000 cars. -US Foods Holding Corp. has expressed an interest in acquiring another food distribution company. -U.S. and India nearing interim tariff deal. -President Trump announces 30% tariffs on EU and Mexico. -EU delays retaliatory tariffs on U.S. goods. -European trade ministers pledge unity after Trump's tariffs. -Oil and Gas prices react to President Trump threatening buyers of Russian oil, rising Chinese crude oil imports, the EU agreeing on an 18th package of sanctions against Russia, potential trade deals between the European Union, South Korean and the U.S. and the U.S. announcing new weapons for Ukraine. Kevin has the details, digs into the data, offers his insights, puts the information in historic perspective and gives an opinion or two.

Today, Kevin covers: -The U.S. Labor Department released the Weekly Initial Jobless Claims Report. -The Federal Reserve released the minutes from their June 17-18 meeting, when they left interest rates unadjusted. -Americas Commercial Transportation Research Co. and Freight Transportation Research Associates Transportation Intelligence, released June Class 8 Truck Order numbers. -International Motors released 2nd Quarter truck and bus sales. -Tyson Foods' Amarillo beef plant employees ratify a new four-year contract. -What is affecting oil and gas prices. Kevin digs into the details, reviews the data, offers his insights, puts the data into historic perspective and offers his opinion.

Dozens of freight, trucking and other industry leaders have praised the One Big Beautiful Bill Act (OBBBA); Kevin has their comments and points out some of the key features as it affects taxpayers at all levels of income. A major food company files for bankruptcy; Kevin has the details. Oil and gas prices react to crude oil stocks rising, strong gasoline demand, OPEC+'s crude oil production increases and renewed attacks on shipping in the Red Sea.

The National Federation of Independent Business released their Small Business Optimism Index, also the New York Federal Reserve issued their Survey of Consumer Expectations and the American Trucking Associations released their For-Hire Truck Tonnage Index; Kevin has the details, digs into the data, offers his insights and puts the information in historic perspective. UPS plans to slim down its operations; Kevin has the details and what this means for their drivers. Oil prices react to improving world economic conditions, demand and supply data.

Kevin talks about the celebration and events of Independence Day and the weekend. What happened to newspapers? While cleaning out his office, Kevin found some old newspapers. Kevin takes a walk down memory lane and how the industry destroyed itself. The "One Big Beautiful Bill" has been signed; Kevin takes a look at some of the details of the bill, especially as it affects individuals. Oil reacts to crude oil production increases from OPEC+ and increases in demand as it appears the world economic conditions are increasing.

The U.S. Bureau of Labor Statistics released the Nonfarm Payrolls Report was released today and the Initial Jobless Claims Report was released by the U.S. Department of Labor; Kevin looks at the data, digs into details, offers his insights/opinion and puts the information into historic perspective. The American Transportation Research Institute released their 2025 findings "An Analysis of the Operational Costs of Trucking"; Kevin discusses the results. Oil and gas prices react to various crude oil inventory data, the pending July 9th end to the tariffs pause. OPEC+ discussions, world economic news and U.S. economic news. Kevin offers his thoughts, appreciation and love of Independence Day.

ADP released their Private Sector Jobs Report; AAA, in a news release, projected the number of people traveling this Independence Day weekend: Kevin looks at the reports, offers his insights and puts the information into perspective. Kevin speaks with Jody Pollard, Senior Vice President, Truck Sales and Aftermarket Sales; they discuss the ongoing freight recession and when we can expect an improvement, California emissions mandates, tariffs and their impact on OEM/Supplier price surcharges/price increases. Kevin looks at a recent article from an unexpected source regarding the impact of tariffs so far. Kevin covers some of the news, economic data and supply and demand issues affecting the oil and gas prices.

Kevin reviews and summarizes some of the recent economic news, trade deals coming together and how this will affect the trucking industry. More and more evidence is mounting regarding tariffs and inflation. The "Big Beautiful Bill" has passed; Kevin talks about some of the details, especially involving the so-called clean energy credits from Biden's Inflation Reduction Act and how effective they have been. The U.S. Commerce Department's Census Bureau released the construction spending, Wards Intelligence released May Class 8 retail sales, The U.S. Bureau of Labor Statistics released the May Job Openings and Labor Turnover: Kevin has the details and offers his insights. Kevin talks about the economic, political, geopolitical, supply and demand events affecting oil and gas prices.

The U.S. Bureau of Economic Analysis released the 3rd estimate of 1st Quarter GDP; the U.S. Commerce Department's Census Bureau released the Orders for Durable Goods Report; the U.S. Labor Department released the Weekly Jobless Claims; Kevin has the details, digs into the data, offers his insights and puts the information into historic perspective. Phil Flynn, Senior Market Analyst Price Futures Group & Author of The Energy Report, as well as Contributor to FOX Business Network, joins Kevin to talk about a wide range of topics from Malaysian oil laundering, crude oil supply and demand, the need for interest rate cuts, through media bias by downplaying good economic news. Oil and gas prices react to switching focus from risk premiums to fundamentals, U.S. "driving season is in full swing," a weaker dollar, larger than expected draws on crude oil inventories and the ceasefire between Iran and Israel. The first named tropical storm of the hurricane season has been announced; Kevin has the details.