• America's Truckin' Network -- 10/31/24

  • Oct 31 2024
  • Length: 41 mins
  • Podcast

America's Truckin' Network -- 10/31/24

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  • Summary

  • 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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