America's Truckin' Network

Kevin describes a first-hand experience regarding a computer scam which freezes your computer and directs you to call a specific number. Also, Kevin talks about various states warning residents about scam texts and e-mails regarding unpaid traffic tickets or toll fees; Kevin talks about what to do and who to contact. The U.S. Census Bureau released the May New Home Sales Report; Kevin has the details, digs into the data, offers his insights and puts the information in historic perspective. From the skilled trades to management and professional roles to indirectly supported jobs; Kevin discusses the importance of home building and remodeling to the economy. Oil and gas prices react to demand causing falling U.S. crude oil and fuel inventories, highest gasoline demand since December 2021, Iran-Israel ceasefire reducing geopolitical supply concerns, possible Federal Reserve interest rate cuts earlier tha forecasted. 

Federal Reserve Chairman, Jerome Powell gave his semi-annual report to Congress; Kevin talks about his testimony and offers his insights and opinion. The Conference Board issued their Consumer Confidence Index; Kevin digs into the details, puts the data into perspective, offers his insights and opinion. The Case-Shiller National Home Price Index was released yesterday; Kevin takes a look at the data and offers his insights. Kevin discusses our interest rates from the Central Bank versus other countries around the world. Oil and gas prices react to President Trump accusing Israel and Iran of violating the ceasefire, analysts seeing less risk to Middle-East crude oil supplies, President Trump easing sanctions on Iran's oil sales and increasing crude oil production from certain OPEC+ countries. 

Kevin discusses the U.S. attack on Iran's nuclear facilities, offers his insights and opinion on some of the questions being asked. Kevin talks about some of the details revealed by an invitation only group of retired generals and members of the Israel Defense Force. Kevin talks about Fred Smith, founder and executive chairman, FedEx Corp., who passed away over the weekend. S&P Global released the results of their Purchasing Managers Index from the Manufacturing sector and the Services sector; Kevin has the details. The National Association of Realtors released the May Existing Home Sales report; Kevin discusses the details, offers his insights and puts the data into perspective. Oil and gas prices reacts no oil supply disruption yet from the U.S. attack on Iran, rumors of disruption in the Strait of Hormuz supply route, a attack on a U.S. military base in Qatar and pressure from President Trump to oil producers to keep prices low

After Federal Reserve Chairman Jerome Powell announced, on Wednesday, that interest rates would remain unchanged, he answered reporters' questions; Kevin reviewed the transcript and points out the inconsistencies with comments made during the press conference and previous comments over the last two years. The head of a different independent Federal agency agrees with Kevin and has called on Jerome Powell to cut interest rates or resign; who is it? Kevin has the details. Earlier in the month, The Federal Reserve Bank of New York, released their monthly survey of consumers' expectations for future inflation, which seems to contradict comments by Jerome Powell; Kevin has the details and offers his insights. Dollar General recently released their quarterly financial data; Eaton Corp. announced a major acquisition; Kevin has the details, looks at the data and offers his insights. Oil prices react to the on-going war between Israel and Iran, a Geopolitical risk premium is anticipated, the risk of Iran's oil production and ship traffic through the Strait of Hormuz.

The Federal Reserve Chairman, Jerome Powell, announced the decision to maintain a wait and see approach on the economy and left the interest rate unchanged; Kevin has the details, offers his insights and opinion on the decision. Kevin explains how the Fed's policy to keep interest rates high, affects credit card interest rates, business loans and home loans. The Atlanta Fed reported the GDPNow forecasting model; Kevin has the information and discusses the data. The U.S. Commerce Department released single family home starts, overall housing starts and new building permits; Kevin has the details, puts the information in perspective and offers his insights. The U.S. Labor Department released the Initial Jobless Claims Report; Kevin has the details, clarifies the data, offers his insights and opinion. Oil and gas prices react to possible U.S. involvement in the Israel - Iran conflict, possible disruption in the Strait of Hormuz, EIA data on U.S. crude oil inventories and comments from Federal Reserve Chairman Jerome Powell.

The U.S. Commerce Department released the May Retail Sales Report; Kevin discusses the details and offers his insights. President Trump accomplished something no other President has ever done and he just did it again; Kevin reveals the details. GM's quickest sports car ever built; Kevin discusses this. President Trump and U.K. Prime Minster Starmer reached a trade agreement; Kevin explains, reviews the details and offers his insights. Estes Express Lines announced that they are increasing its terminal capacity; Kevin has the details and the cities involved. Oil and gas prices react to the International Energy Agency's global oil supply forecast, geopolitical events, potential production and supply route disruptions.

The U.S. Labor Department released the Weekly Initial Jobless Claims Report; Kevin has the details, offers his insights and puts the information into historic perspective. The Producer Price Index was released yesterday; Kevin digs into the data, offers his insights and explains how this plays into future Consumer Price Index numbers. President Trump expresses his frustration with Federal Reserve Chairman, Jerome Powell; Kevin offers his opinion makes the case for an interest rate cut next week during the Federal Reserve's meeting. Kevin discusses some of the news and events affecting oil and gas prices.

The U.S. Bureau of Labor Statistics released the Consumer Price Index Report, Kevin digs into the data, discusses the details, offers his insights and puts the information into historic perspective. Progress has been made on negotiations between the U.S. and China regarding rare earth minerals and tariffs; Kevin has the details and offers his insights. Kevin discusses some of the factors affecting oil and gas prices.

The National Federation of Independent Business released their monthly Small Business Optimism Index; Kevin takes a look at the data, offers his insights and puts the information into historical perspective. The U.S. Senate Finance Committee is considering "watering down" Trump's tax promises; Kevin looks at the items and adjustments, offers his opinion, insights and how you can voice your opinion. Kevin offers an update on the tariff talks between China and the U.S. Additionally, Kevin points out how China may be trying to avoid any possible tariffs. President Trump has delayed tariffs on the European Union until July 9th. Costco posted their revenue and profit numbers and their plans regarding potential tariffs; Kevin talks about the details and offers his insights. Oil and gas prices react to U.S. and China trade talks, Saudi crude exports to China set to fall slightly, anticipated U.S. crude oil inventory data from API and EIA, new sanctions on Russia and OPEC+ output increases.

The U.S. Bureau of Labor Statistics released the May Nonfarm Payroll report; Kevin looks into the data, offers his insights and puts the report in perspective. Additionally, the Unemployment Rate and Wage Growth reports were released; Kevin has the details and offers his insights. The Commercial Vehicle Safety Alliance will now be enforcing a law suspended for nearly a decade due to an Obama-era executive order; Kevin explains and discusses the details. Oil and gas prices react to U.S. and China trade talks in London, a weaker U.S. dollar and possible increased oil production from the OPEC+ countries.

Campbell's Soup Company released a report regarding consumers' dinning habits as a sign of economic times; Kevin has the details, some thoughts on this and an opinion or two. On Wednesday the Federal Reserve released the data, on the economy, from their "Beige Book"; Kevin has the details, offers his insights and discusses the information. The U.S. Labor Department released the Weekly Jobless Claims report; Kevin sorts through the data, challenges some of the conclusions, offers his insights and offers some information not included in the report. Oil and gas prices react to President Trump and China's leader Xi Jinping agreeing to meet, face to face, on trade and tariffs during a phone call, U.S. gasoline and distillate inventories posting big weekly builds, Saudi Arabia cuts in prices for Asian crude buyers, geopolitical events and Canadian wildfires. Kevin offers his thoughts on the 81st anniversary of D-day.

ADP Research released the Private-Sector Payroll report; Kevin digs into the data, explains the information and offers his insights. The Institute for Supply Management released the Services ISM Report on Business; Kevin sorts through the data, clarifies the information and puts it into perspective. S&P Global issued their Services Purchasing Managers Index; Kevin has the details. Oil and gas prices react to larger-than-expected U. S. inventories of gasoline and diesel, unexpected drop in U.S. crude oil inventories, OPEC+ crude oil supply increases, "persistent tariff tensions" and Canadian wildfires.

The latest Atlanta Fed GDPNow growth estimate for the 2nd quarter has been released; Kevin has the details and offers his insights. Additionally, the Atlanta Fed further explained the reason for the negative growth in the 1st quarter and put it into perspective. The U.S. Commerce Department's Census Bureau reported new orders for manufactured goods: Kevin digs through the data, which sectors are up or down and offers his insights. The Institute for Supply Management's manufacturing index was released on Tuesday; Kevin discusses the data and puts the data into historic perspective. Also on Tuesday, the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey was released; Kevin discusses the data and the whether the job market is strengthening or weakening. Oil and gas prices react to Russia and Ukraine "settlement" discussions, Iran's rejection of the U.S. nuclear proposal, Canadian willdfires interrupting crude oil production and a possible interest rate cut.

The U.S. Commerce Department released the Personal Consumption Expenditures Price Index and the Core Inflation Index, the Federal Reserve's key inflation measure; Kevin has the details, discusses the data and offers his perspective. Also released on Friday, Consumer Spending and Personal Income reports; Kevin digs into the numbers and offers his perspective. A business news network commits journalism regarding Tariffs and Inflation. States are increasing fuel taxes: Kevin points out how this will affect nationwide gas price averages and energy cost inflation. Kevin has the news, geopolitical factors, wildfires and OPEC+'s crude oil production plans are affecting oil and gas prices.

Hurricane season begins on June 1st and runs through November 30th ; Kevin has the forecast/estimates of named storms and hurricanes and offers his insights. Federal Reserve Chairman Jerome Powell visited the White House for a meeting with President Trump on Thursday; Kevin has the details and offers his insights and opinion. The U.S. Bureau of Economic Analysis revised the first quarter Gross Domestic Product; Kevin has the details, revisits the factors that went into the previous estimate, puts the information into perspective. The U.S. Labor Department released the Weekly Jobless Claims; Kevin has the details and offers his perspective. The National Association of Realtors (NAR) on Thursday. released its Pending Home Sales Index: Kevin discusses the numbers and offers his perspective. Oil reacts to ongoing talks between Iran and the U.S. to rein in Iran's nuclear activities, a U.S. court blocking President Trump's tariffs, the possibility that OPEC+ could hike crude oil output, falling U.S. crude oil, gasoline and distillates inventories.

The U.S. Senate voted to block California's Clean Air Standards; Kevin has the details, why this is important to the trucking industry, the general driving public and the entire Country. Oregon and Vermont halt zero-emission truck mandates; Kevin discusses this, how these mandates came to be and offers his insights. Oil and gas prices react to OPEC+ keeping their output policy unchanged, Canadian wildfires, Chevron's Venezuelan oil curbs, Eight OPEC+ members expected to agree to output boost on Saturday.

The Conference Board's Consumer Confidence Index for May was released on Tuesday; Kevin has the details, discusses the information and offers his insights and perspective. The U.S. Commerce Department released the April Durable Goods Orders report: Kevin sorts through the data, explains the information and puts it into perspective. Americas Commercial Transportation Research Company and the Freight Transportation Research Associates Transportation Intelligence reported their respective April Class 8 Truck Orders numbers; Kevin discusses the results. Wards Intelligence reported April Class 8 Truck Sales; Kevin has the details. Oil and gas prices react to strong gasoline demand over the Memorial Day holiday, Russia's increased missile and drone attacks on Ukraine, the German Chancellor's an escalation, encouraging Ukrainian attacks deep into Russia and OPEC+'s anticipated announcement of crude oil output hike later this week.

On Friday, the U.S. Commerce Department released the April New Home Sales Report; Kevin has the details, offers his insights and adds an historic perspective to the report. Kevin makes the case that it is time for the Federal Reserve to lower interest rates by taking a look at how an average home price is affected by different interest rates. Also, using a $110,000 annual income, Kevin takes a look at how much home can be purchased at different interest rates. The Federal Reserve is supposed to be non-political, however, this past Sunday, Fed Chairman Jerome Powell spoke to graduates at Princeton University; Kevin has the details, was it non-political? Oil prices remained stable during subdued holiday trading. 

The U.S. Labor Department reported the weekly Initial Jobless Claims; Kevin has the details, digs into the data and offers his insights. S&P Global released the U.S. manufacturing purchasing managers index (PMI) and U.S. services PMI; Kevin discusses the report and offers his perspective. The National Association of Realtors reported April existing home sales; Kevin looks at the data and puts it into perspective. Oil reacts to OPEC+ discussing a production increase for July, an unexpected rise in U.S. crude oil inventories and the expiration of U.S. oil company Chevron's license to operate in Venezuela. Kevin pays tribute to our fallen heroes as we enter this Memorial Day Holiday weekend.

Three Federal Reserve officials gave speeches over the last couple of days, during which they talked about if and when to expect interest rate cuts; Kevin reviews the comments, offers his insights and opinion. Reading between the lines and the complete comments by economists on Monday's Report on Leading Economic Indicators, Kevin points out their positive comments that have been overlooked by the media. The American Trucking Associations released the ATA For-Hire Truck Tonnage Index; Kevin has the details and offers his insights. Oil reacts to rumors that Israel plans to strike Iran's nuclear facilities, US-Iran nuclear talks showing little progress and crude oil inventory increases.

On Monday, the Conference Board released the April Leading Economic Index; Kevin talks about how two different news agencies covered the release; discusses the data, offers his insights and puts the information into historic perspective. The United Nations has forecast global economic growth for 2025 and 2026; Kevin takes a look at the information and offers his opinion and insights.

The credit rating service, Moody's, changed the U.S. sovereign credit rating; Kevin sorts through the data, offers his insights and puts the information into perspective. The University of Michigan released its preliminary Consumer Sentiment Index; Kevin discusses this report, the implications and offers his opinion. The U.S. Commerce Department released the Housing Starts, as well as, Residential Permits (Building Permits) reports; Kevin puts the data into perspective and offers his insights. 

The Labor Department reported U. S. weekly Jobless Claims; Kevin has the details and offers his insights. The Bureau of Labor Statistics reported the U.S. Producer Price Index (PPI) for April; Kevin discusses the data and the. implications going forward on Interest rates. The U.S. Retail Sales report was released; Kevin has the details. JPMorgan offers their latest predictions as to the possibility a recession this year; Kevin digs in to the report and offers his insights. US House Energy and Commerce Committee proposed replenishing the Strategic Petroleum Reserves. Oil reacts to a possible Iran nuclear deal, Russian President Putin's refusal to meet with Ukraine's Zelinsky, U.S. Crude inventory increases and the International Energy Agency upgrade of 2025 oil demand growth forecast.

Additional benefits from the 90-day tariff pause between the U.S and China have come to light; Kevin discusses these benefits. Goldman Sachs analysis indicates President Trump's preferred crude oil prices; Kevin discusses this and offers his insights. The U.S. Treasury released the April Tariff Revenue data; Kevin discusses the effect on the budget deficit, additionally, Zero Hedge points out other unexpected surprises in the data; Kevin has the details. Steelmaker Nucor shut down production at some of its facilities; Kevin has the details and offers his insights. Oil and gas prices react to unexpected U.S. crude oil inventory data, OPEC+ adjustments to oil supply growth forecasts and data from the American Petroleum Institute.

The Commercial Vehicle Safety Alliance's International Roadcheck is underway and continues through Thursday. The National Federation of Independent Businesses released their Small Business Optimism Index; Kevin discusses the results and offers his insights. The U.S. Bureau of Labor Statistics released the April Consumer Price Index; Kevin digs into the details, discussed the information and offers his insights. Oil reacts to US- China tariff relief, increasing OPEC+ crude oil production, U.S. inflation data, ceasefires and peace negotiations.

Usually weekends are slow news days, not so this past weekend. Friday, a trade deal with India was signed; later a ceasefire was announced between India and Pakistan; Ukranian President Volodymyr Zelensky agreed to meet Russian President Vladmir Putin in Turkey on Thursday; progress in talks between the U.S. and Iran over their nuclear program; the U.S. and China have agreed to slash tariffs for 90 days; President Trump signs executive order setting 30-day deadline for drugmakers to lower prescription drug costs; Kevin has the details and offers his insights. Oil reacts to the ceasefires, tariff deals, U.S. - China 90-day tariff pause, increased OPEC+ crude oil production and U.S. -Iran negotiations. 

Kevin's thoughts on the election of the first American Pope. Kevin reacts to further comments by Federal Reserve Chairman, Jerome Powell and President Trump's reaction Powell's "wait and see" approach. Data from the U.S. Labor Department regarding Initial jobless claims and Worker Productivity were released; Kevin digs into the details and offers his opinion and insights. The first trade deal has been reached; Kevin has the who, what and when. Oil reacts to looming trade talks between the U.S. and China, the "breakthrough" deal with Great Britain, increasing crude oil production by OPEC+ and "tariff risk premium" replacing the global risk premium (Mideast tensions and Ukraine-Russian war). 

The Federal Reserve ended its two-day meeting and announced their decision on interest rates, cut or unchanged? Fed Chaiman Jerome Powell held a press conference to offer an explanation of their decision; Kevin has the details, offers his insights and offers his opinion. Arkansas, Texas and Wyoming enact laws to improve road safety and CDL license validation, Kevin has the details. President Trump has issued an Executive Order enforcing a Federal Motor Carrier Safety Administration requirement that has been ignored since 2016; Kevin has the details and offers his insights. The U.S. Department of Labor has announced it is reviewing the Biden administration's worker classification guidance patterned after a controversial Bill passed by California; Kevin has the details and offers his perspective. Kevin has the news, geopolitical events, crude oil supply and demand information and economic conditions affecting oil and gas prices.

The American Transportation Research Institute (ATRI) has released research defending the repeal of the Federal Excise Tax on new trucks and trucking equipment; you will not believe the amount of the tax and what the tax was to fund; Kevin reviews the data and offers his insights. U.S. Energy Secretary Chris Wright is evaluating loans issued from the $400 Billion Green Bank fast-tracked in the period between the time President Trump was elected and Inauguration Day; Kevin digs into the data. The U.S. Department of Transportation announced changes to a Federal Highway Administration rule for states to establish emission-reduction goals; Kevin discusses the reasons for the changes. Oil and gas prices react to changes on the demand side, geopolitical events in the Mideast, additional sanctions on Russia. OPEC+'s increase in production and the U.S. dollar fluctuation

Kevin talks about his and his wife's visit, on Derby Day, to the historic Rookwood Pottery factory and later a visit to the Newport Casino to place some bets on the featured Derby race. On Friday, the Bureau of Labor Statistics released the April Jobs Report; Kevin has the details, sifts through the data, puts it into historic perspective and offers his insights. Automakers report April sales data: who's up who's down? The German Federal Statistics Office released that country's Gross Domestic Product (GDP) and consumer inflation data; Kevin has the information, offers his insights and how that affects the U.S. economy. Kevin explains how OPEC+'s crude oil production increases, geopolitical events and crude oil inventories are affecting oil and gas prices.

The U.S. Labor Department reported the U.S. weekly Initial Jobless Claims numbers; Kevin reviews the data and offers his insights. After the Gross Domestic Product (GDP) report was released yesterday, the numbers have been further analyzed; Kevin explains. The Commercial Vehicle Safety Alliance's International Roadcheck is coming up; Kevin has the dates and what inspectors will be looking for. The International Monetary Fund released a report on the World Economic forecast; Kevin offers his insights. Oil reacts to geopolitical events, crude oil inventory numbers, OPEC+'s production discussions and world economic conditions.

The Case-Shiller U.S National Home Price Index was released yesterday; Kevin has the details, digs into the data, puts it into historical perspective, and offers his insights. The Conference Board's Consumer Confidence Index was released, and the U.S. Bureau of Labor Statistics released the Job Openings and Labor Turnover Survey. Kevin reviews the details and offers his insights and opinions on the reports. Kevin has the supply and demand numbers, including expectations for corporate earnings, tariff talks, crude oil inventory levels, and geopolitical events that affect oil and gas prices.

On Friday, the University of Michigan released its final index of consumer sentiment for April; also, the National Association of Realtors released March Home Sales; Kevin has the details, looks under the hood of the data and offers his insights and opinions. Kevin talked about The Staged Accident Fraud Prevention Act introduced in Congress that would make it a federal crime to stage a crash with a commercial motor vehicle. Kevin has the news, geopolitical events and world economic conditions affecting oil and gas prices.

The U.S. Labor Department reported the Weekly Jobless Claims Report; Kevin has the date, discusses the press coverage and offers his insights. The Federal Reserve released the so-called Biege Book a collection of anecdotal information on current economic conditions in the twelve Federal Reserve districts around the Country as well as how businesses are planning to deal with possible price increases, if they materialize; Kevin talks about the details and offers his thoughts. In a separate report the U.S. Commerce Department's Census Bureau published the data on orders for durable goods, items ranging from toasters to aircraft; Kevin discusses the data. Kevin has the news, data and geo-political events affecting oil and gas prices.

Mike Wirth, CEO - Chevron, in an interview discussed whether the U.S. is close to a recession; Kevin has the details and offers his insights. The U.S. Commerce Department's Census Bureau released the March new home sales numbers; Kevin digs into the data and puts it into perspective. Phil Flynn, Senior Market Analyst, Price Futures Group, in his Energy Report, offers his thoughts on Fed Chaiman Jerome Powell, tariffs and the recent stock market weakness; Kevin discusses this report and offers his thoughts. Kevin talks about the news, data, world events, tariffs and trade talks affecting gas and oil prices.

The American Trucking Association released the For-Hire Truck Tonnage Index; Kevin has all the details and offers his insights. Wards Intelligence released the March Medium-Duty Truck Sales report; Kevin goes through the data. The European Central Bank offers their take on what should be done with interest rates and whether tariffs will be inflationary and The International Energy Agency takes a look at their energy policies; Kevin discusses these developments. Kevin has the news, world events and economic data affecting gas and oil prices.

Kevin offers his thoughts on the passing of Pope Francis. The Conference Board released its Leading Economic Index; Kevin has the details, sorts through the data, reviews the reporting on this report compared with previous reporting on past reports; Kevin offers his insights and opinion. Carmakers discuss their plans on how to deal with potential effects of possible tariffs. March Class 8 truck sales have been reported; Kevin has the details. Kevin has the information, data, world events and economic data affecting oil and gas prices.

The U.S. Labor Department released the weekly Initial Jobless claims Report; the U.S. Commerce Department's Census Bureau reported Housing Starts; the Philadelphia Fed reported average workweek at factories; the National Association of Home Builders released the survey of homebuilders' sentiment; U.S. Department of Housing and Urban Development released the Housing Starts report; Kevin has the details, digs into the data and offers his insights. While at the MId-America Trucking Show, Kevin interviewed Jeremy Citron, Founder and Partner, Long Haul law.

Jerome Powell gave a speech at the Economic Club of Chicago; Kevin unpacks the information and offers his insights, correcting the record and offering clarity. While at the MId-America Trucking Show, Kevin interviewed Beth Wilson, Manager of Engine Oil, DEF, After-Market Auditing Program, American Petroleum Institute. The U.S. Commerce Department released the March Retail Sales report; The Federal Reserve released the Manufacturing numbers for March and the Capacity Utilization report: Kevin has all the details and offers his insights.

Kevin offers the theory that some "experts" and "journalists" are trying to manufacture a recession. The U.S. Bureau of Labor Statistics released the Producer Price Index; Kevin has the details and offers his insights. Federal Reserve Governor Christopher Waller offers his views on inflation as a result of President Trump's tariffs. While at the MId-America Trucking Show, Kevin spoke with Kelsea Eckert, Eckert and Associates, DowntimeClaims.com about her services. Kevin digs into a recent survey by Chief Executive, offers his insights and puts the information into perspective. National Economic Council Director Kevin Hassett talks tariffs and recession chances in an interview with Fox Business News; Kevin offers his thoughts. Goldman Sachs' CEO David Solomon discusses 1st Quarter earnings and the prospect of a recession; Kevin offers his insights.

While at the MId-America Trucking Show (MATS), Kevin interviews Tapan Chaudhari, Founder, CEO, Hey Bubba, Inc., who launched a new tool , voice AI for Owner - Operators to find, negotiate and book loads automatically. The University of Michigan Surveys of Consumers released its Consumer Sentiment Index; Kevin has the details and offers his insights. Kevin teases the "Chief Executive" poll forecasting a recession. Kevin touches on oil prices.

The U.S. Bureau of Labor Statistics released the March Consumer Price Index, Kevin has the details and offers his perspectives, also Kevin points out the slanted coverage of the data. The day after the 90-day pause on tariffs, Kevin offers his insights and opinion. While at the MId-America Trucking show, Kevin interviewed Karin Hauman, OEM Technical Services Manager, Shell Global Solutions (Shell Rotella) about the latest, next generation of diesel engine oil PC-12 (Proposed Category 12). The weekly Initial Jobless Claims report was released, Kevin has the details and offers his insights. Kevin has the data, news, world events and other factors affecting oil and gas prices.