• 9-6-24 America's Truckin' Network

  • Sep 6 2024
  • Length: 44 mins
  • Podcast

9-6-24 America's Truckin' Network

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  • Summary

  • 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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