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Speaker 1: This is America's Trucking Network with Kevin Gordon, one.

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Speaker 2: Of the more Thanks for tuning in on this Thursday morning,

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Speaker 2: well one pm this afternoon, Matt's opens Mid America Trucking

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Speaker 2: show Down in Louisville, Kentucky. Open to the public at

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Speaker 2: one o'clock this afternoon. Stop by and visit us at

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Speaker 2: booth number four zero five seven seven there in the

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Speaker 2: North Wing lobby near the escalators. And if you're going

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Speaker 2: in and registering at the North Wing lobby, we will

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Speaker 2: be right next to that registration area. If you're in

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Speaker 2: line there, just look over to the left and you'll

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Speaker 2: see our booth. You see Reese across America there, you'll

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Speaker 2: probably see them. We are right behind them. So stop by, visit,

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Speaker 2: like to talk to you and see what's going on.

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Speaker 2: I got some well, we got some so so news

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Speaker 2: in terms of oil and gas prices. It's weird because

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Speaker 2: we had this well, Trump gave this fifteen point plan

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Speaker 2: to end the hostility, cease fire, basically the surrender on

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Speaker 2: the part of Iran, and they received that, which is

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Speaker 2: interesting because they were saying yesterday and some of the

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Speaker 2: spoon fed regurgitators in the mainstream media were believing Iran

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Speaker 2: saying that there were no talks, and they were saying

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Speaker 2: we believe Iran rather than believing Trump that there are

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Speaker 2: ongoing talks. Well, if you've got a fifteen point plan

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Speaker 2: that was delivered and they received it, I would say

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Speaker 2: you've probably got talks going on, And so much for

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Speaker 2: the spoon fed regurgitators in the mainstream media. Just gives

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Speaker 2: you an indication of what side they're on. But anyway,

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Speaker 2: this fifteen point plan was given, supposedly they rejected it

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Speaker 2: pretty much outright. But what's weird is that the stock market,

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Speaker 2: the oil markets, whatever they are holding steady, just kind

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Speaker 2: of go into a couple of things here. Global equity markets,

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Speaker 2: including the US, Europe, and Asia rose, while oil prices

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Speaker 2: fell on Wednesday as traders cheered news of ceasefire proposals

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Speaker 2: to de escalate the ongoing conflict in the Middle East.

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Speaker 2: Markets are weighing reports if the US has sent a

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Speaker 2: fifteen point ceasefire proposal to Iran that was reportedly delivered

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Speaker 2: via Pakistan. An Iranian official said Tehran has received the

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Speaker 2: proposal but considers its conditions excessive. So again, going back

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Speaker 2: to what I was saying, before supposedly there were no

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Speaker 2: negotiations going on. The spoon fed regurgitators in the mainstream

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Speaker 2: media said there weren't. They'd believed Iran more than they

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Speaker 2: believed our president, which kind of gives you again, I

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Speaker 2: will emphasize that tells you what side they're on. An

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Speaker 2: Iranian official said Tearan has received the proposal that the

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Speaker 2: conditions are excessive, adding that the country will end the

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Speaker 2: war only at a time of its own choosing and

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Speaker 2: if its conditions are met. Now, normally that bluster. Normally,

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Speaker 2: those threats, et cetera. You would think that the stock market,

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Speaker 2: the oil markets, et cetera, would would react negative, negatively.

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Speaker 2: But it's interesting that I think even the people involved

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Speaker 2: in the markets, the investors and the oil traders themselves

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Speaker 2: are basically saying, you know what, I think Israel and

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Speaker 2: US have the upper hand here and these guys are

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Speaker 2: just blustering. West Texas intermediate crude currently is at ninety

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Speaker 2: dollars in a penny. That's down two dollars and thirty

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Speaker 2: four cents a barrel, or two point five to three percent.

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Speaker 2: Brent crude currently is at one oh one twenty four.

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Speaker 2: One oh one one hundred and one dollars and twenty

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Speaker 2: four cents, down three dollars and twenty five cents or

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Speaker 2: three point one one percent. I'd like to see that

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Speaker 2: Brent crewed and I'd like to see those numbers fall

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Speaker 2: even further. And if these negotiations go through, and if

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Speaker 2: Iran decides that they want to live as opposed to

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Speaker 2: be buried in rubble, I guess they will come come

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Speaker 2: to the table. Nationwide gas prices are currently three dollars

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Speaker 2: and ninety eight cent. Nationwide diesel prices are five dollars

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Speaker 2: and thirty seven cents nationwide. Now, this fifteen point proposal

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Speaker 2: that has been discussed is interesting because this is basically

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Speaker 2: a demand for surrender. I mean, there's just no sugar

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Speaker 2: coating this. US demands that Iran must dismantle and their

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Speaker 2: existing nuclear capabilities. Iran must commit never to pursue nuclear weapons. Three,

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Speaker 2: there will be no uranium enrichment on Iranian territory. Number four,

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Speaker 2: Iran must hand over its stockpile of some four hundred

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Speaker 2: and fifty kilograms of uranium enriched to sixty percent to

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Speaker 2: the International Atomic Energy Agency in the near few in

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Speaker 2: a timetable to be agreed upon. Now, this isn't a

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Speaker 2: new demand. This was one of the demands that was

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Speaker 2: being talked about before the war actually began. It wasn't

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Speaker 2: a demand. It is something that Trump administration has been

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Speaker 2: insisting on even before the war began. Looking at Phil

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Speaker 2: Frith Flynn's energy report, he's talking about this said back then,

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Speaker 2: Iranian officials told US Envoy Steve Whitkoff and his team,

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Speaker 2: without hesitation and even pride, a bit of pride, quote,

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Speaker 2: we control roughly four hundred and sixty milligrams of sixty

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Speaker 2: percent enriched uranium. They didn't try to hide it at all,

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Speaker 2: even adding that this amount could be used to make

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Speaker 2: eleven nuclear bombs. So all this blustering, which is why

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Speaker 2: the US walked away from the negotiating table and said,

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Speaker 2: these guys are not serious about negotiating anything, and time

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Speaker 2: is up, which then began the Iranian War. And I'm

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Speaker 2: telling you, with that cancer there, with that threat, with

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Speaker 2: those people, and what we've seen their reactions since, can

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Speaker 2: you imagine if they were able to get a nuke

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Speaker 2: like North Korea was done because they ignored the nuclear

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Speaker 2: program in Korea that kept kicking the can down the road.

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Speaker 2: Every US president involved in that just said, you know,

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Speaker 2: will negotiate, will negotiate, We'll do this, we'll do that,

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Speaker 2: We'll try to bibe them, pay them off. Whatever. Well,

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Speaker 2: we see what happens. North Korea has a nuke, and

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Speaker 2: of course people have to walk on eggshells. But at

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Speaker 2: least you have a people in North Korea that value

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Speaker 2: their children, value their relatives, and don't want to see

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Speaker 2: their entire country annihilated. In this instance, we've got people

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Speaker 2: in Iran, or at least the regime, the Ayatola, the

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Speaker 2: Malas and all that. They are radical. They are absolutely theocratically,

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Speaker 2: just nuts. They would rather see the entire world obliterated

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Speaker 2: rather than live in peace. They hate Israel, they hate America,

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Speaker 2: and they want their dominance more than they love their children.

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Speaker 2: So if they had a new obviously they would be

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Speaker 2: firing those off. And even you know, again, as the

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Speaker 2: spoon fed regurgitators in the mainstream media kept telling us

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Speaker 2: the Trump administration doesn't know what they're talking about because

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Speaker 2: Iran says they don't have these nuclear weapons, there's no proof,

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Speaker 2: there's no imminent threat, et cetera. Yet they said they

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Speaker 2: didn't have any long range or missile capabilities. But then

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Speaker 2: all of a sudden, over the last weekend rocket a

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Speaker 2: missile was fired over two thousand, five hundred miles twenty

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Speaker 2: five hundred miles to that the Diego Airbase, which is

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Speaker 2: amazing because twenty five hundred range takes you into the

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Speaker 2: most of the capitals of Europe. And so if they

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Speaker 2: have that capabilities putting a nuclear warhead on that would

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Speaker 2: be devastating to the area, especially a group of people

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Speaker 2: that don't care about their citizens, don't care about life

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Speaker 2: in general. I mean, after all, they use their home,

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Speaker 2: their their own people as human shields, putting schools next

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Speaker 2: to military bases, nuclear facilities and so on. So again

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Speaker 2: we're not dealing with a SAE group of people, and

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Speaker 2: they need to be a lot annihilated. Even Saudi Arabia

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Speaker 2: has been indicating to the President Trump that this regime

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Speaker 2: must be eliminated. So even the Arab neighbors are saying

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Speaker 2: time is up for these people. Getting back to the

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Speaker 2: negotiations again, this turning over the nuclear capabilities of the

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Speaker 2: uranium enriched uranium was not a new proposal. In fact,

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Speaker 2: again that was part of the original plan. The Netans

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Speaker 2: Eisenhem and fordoh nuclear facilities must be dismantled. The AI,

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Speaker 2: the IAEA, and the UN's nuclear watchdog must be granted

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Speaker 2: full access, transparency and oversight inside Iran. Iran must abandon

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Speaker 2: its regional proxy paradigm. Iran must cease the funding directions

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Speaker 2: of arming its regional proxies. The Strait of Horror Moves

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Speaker 2: must be remain open and function of free maritime Corridor.

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Speaker 2: Number ten. Iran's missile program must be limited to both

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Speaker 2: range and quantity, with specific thresholds to determine at later stage.

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Speaker 2: Any future use of missiles would be restricted to self defense.

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Speaker 2: That's number eleven. Number twelve would receive a full lifting

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Speaker 2: of sanctions. Now Iran in return would get full lifting

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Speaker 2: of sanctions. US would assist Iran in advancing its civilian

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Speaker 2: nuclear program under their watch wise and the so called

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Speaker 2: snapback mechanism which allows automatic reimposition of sanctions if Iran

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Speaker 2: fails to comply. Now, this group or this numbers with

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Speaker 2: fifteen demands, but only fourteen of them have been realized.

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Speaker 2: So again, it seems like the markets, the oil markets,

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Speaker 2: the stock markets aren't taking their bluster or Rand's uster seriously.

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Speaker 2: So again we'll see how that transpires. Over the next

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Speaker 2: couple of days. Coming up, we're going to be talking

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Speaker 2: with Mike Kocharski. He is co owner and vice president

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Speaker 2: of JKC Trucking, spent an entire career of thirty years

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Speaker 2: with that company. Talking about rising oil prices or diesel prices,

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Speaker 2: how that's hav any effect on his company, and whatever

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Speaker 2: else we can get into. I'm Kevin Gordon, America's struck

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Speaker 2: In Network seven hundred WLW. This is Americastrucking Network, seven

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Speaker 2: hundred WLW. I'm Kevin Gordon. I want to welcome back

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Speaker 2: to the program and a gentleman that we've spoken to before,

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Speaker 2: Mike Kocharski. He is co owner of and vice president

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Speaker 2: of JKC Trucking and has got thirty years of experience.

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Speaker 2: He is an industry expert in the trucking industry. Owns

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Speaker 2: specializes the thirty years experience. JKC specializes in climate controlled

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Speaker 2: and drive freight loads as Chicago's largest specialty contract carrier.

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Speaker 2: Welcome back to the program, Mike. Certainly, I appreciate your

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Speaker 2: time today. Thank you for having me on the show again. Yeah,

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Speaker 2: we are experiencing quite a surge in diesel prices, and

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Speaker 2: I wanted to talk to you about it and see

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Speaker 2: how it's affecting your business. Looking at the numbers today,

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Speaker 2: the national average, or the current national average across the

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Speaker 2: country is five dollars and thirty seven cents per gallon.

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Speaker 2: What are they looking like in the Chicago area now.

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Speaker 1: You know, they're looking just as as batter or probably

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Speaker 1: even worse.

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Speaker 3: We have an extra gastaks here in Illinois.

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Speaker 1: You know, it's it's it's killing us, you know, since since.

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Speaker 3: The war began.

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Speaker 2: I want to say, on.

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Speaker 1: Average, we're paying extra fifty thousand dollars up for diesel

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Speaker 1: a week.

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Speaker 3: It is, you know, killing our bottom line.

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Speaker 1: I mean our houses, We our margins are super thin

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Speaker 1: to none. Now we definitely have no margins. So we're

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Speaker 1: just hoping that this will these prices will fall soon

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Speaker 1: so we can stay in business.

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Speaker 2: Yeah. I looked at oil prices earlier today and it

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Speaker 2: seem like over the last week or so, there's been

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Speaker 2: this big there's been this swing of you know, ten

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Speaker 2: percent up, ten percent down. Today it looks like, well yesterday, yesterday,

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Speaker 2: it looked like it was somewhere in the neighborhood of

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Speaker 2: about four or four and a half percent down, so

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Speaker 2: I guess those will fluctuate, but again it takes a

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Speaker 2: while for that to get through to the diesel prices,

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Speaker 2: so that will be a couple of weeks or more

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Speaker 2: even if the prices come down and the war ends.

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Speaker 2: But I guess the question is as far as diesel

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Speaker 2: is concerned, and as far as obviously the freight rates

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Speaker 2: in that, is there any flexibility that you guys can

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Speaker 2: do in terms of surcharge, in terms of fuel prices

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Speaker 2: or something along those lines that it can be passed

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Speaker 2: through to your customers.

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Speaker 1: I mean, does we do have a fuel search charge,

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Speaker 1: and we do pass the customers, but the fuel search

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Speaker 1: charge is only a small portion of the fuel that

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Speaker 1: we paid for extra. I mean, customers won't won't allow

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Speaker 1: us to hit them with a one hundred percent.

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Speaker 3: Of the pass through, so we do a partial to

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Speaker 3: be fair.

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Speaker 1: But the bigger problem is then houses after we charge

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Speaker 1: his fuel search charge, it takes you.

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Speaker 3: Know, thirty days on average for our customers get paid.

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Speaker 1: My fuel guy, you know, demands the fuel be paid

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Speaker 1: for in five days. So the problem is, you know

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Speaker 1: the money's coming in, but you know it takes a

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Speaker 1: while to catch up.

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Speaker 3: And the longer this goes.

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Speaker 1: On, the longer that you know, the bigger that amount gets.

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Speaker 1: So I'm, you know, Steven over pennies chasing dollars.

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Speaker 2: Yeah, exactly, And that seems to be always the case

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Speaker 2: with a lot of businesses where you pay for the

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Speaker 2: in a lot of instances, you have to when you're

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Speaker 2: charging your customers. And this can't be emphasized enough. You've

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Speaker 2: got a thirty day period of time when you before

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Speaker 2: you collect what you've charged, but then you're paying on

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Speaker 2: the front end within five days of the product that

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Speaker 2: you're actually buying, and so that twenty five day lag

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Speaker 2: can can get pretty serious. And of course this is

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Speaker 2: on a weekly basis, daily basis, et cetera. So this

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Speaker 2: builds up and builds up. So again being able to

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Speaker 2: collect that it takes a while and so on. So

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Speaker 2: what are you doing in the meantime and how you know,

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Speaker 2: what are we looking at in terms of obviously the

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Speaker 2: trucking industry is an early warning sign in terms of

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Speaker 2: what's going on as far as the economy is concerned.

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Speaker 2: Where do you see this going or how are you

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Speaker 2: weathering this storm?

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Speaker 3: I mean weathering storm?

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Speaker 1: We're doing our best man. But we're getting sulked in

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Speaker 1: this storm. We're getting sulked and we're trying to not

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Speaker 1: to not to drown. We've taken a couple.

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Speaker 3: Of precautions and we're doing our best.

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Speaker 1: You know, we're looking at all our routes, seeing which

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Speaker 1: ones we make the most money on continue those is

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Speaker 1: on top of you know, this high fuel surch arge.

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Speaker 1: The volumes have bumped up a little bit, maybe three

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Speaker 1: to four percent, So we're trying to take care of

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Speaker 1: our customers, especially the ones that give us freight all

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Speaker 1: year round. We're joining our best. We can't honestly stop

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Speaker 1: or say no because.

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Speaker 3: We're hauling food, you know, I mean, we're you know,

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Speaker 3: our food chain.

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Speaker 1: We have to go twenty four to seven, you know,

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Speaker 1: Christmas Eve, Christmas Day all the time because.

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Speaker 3: We can't stop.

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Speaker 1: And you know, we're burning extra fuel because we're hauling

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Speaker 1: parasciples and frozens. So now only the truck bringing fuel,

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Speaker 1: we're also burning fuel in the reefer.

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Speaker 3: And we're you know.

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Speaker 1: Hoping for better days ahead soon, but right now it

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Speaker 1: doesn't look like there's no relief in sight.

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Speaker 2: Now. Prior to the war, and of course we're speaking

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Speaker 2: with Mike Kucharski. He is co owner and vice president

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Speaker 2: JKC Trucking. How were things going prior to the war.

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Speaker 2: Were you seeing a increase in volume, were you seeing

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Speaker 2: businesses picking up overall general economy? What were you seeing

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Speaker 2: prior to that?

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Speaker 3: I mean to it, you know, diesel was going down.

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Speaker 1: My biggest issue with diesel is there's always a lag for.

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Speaker 3: It to go down.

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Speaker 1: Gasoline goes down right away, and diesel, I feel like takes,

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Speaker 1: you know, weeks or months for it to go down.

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Speaker 3: It was going down, Yes, were still down. I mean

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Speaker 3: they've they've crept up just a little bit. But it before,

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Speaker 3: before this diesel skyrocket, it still was a rainy a

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Speaker 3: rainy day.

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Speaker 1: And now this diesel prices is just just affecting all

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Speaker 1: of us.

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Speaker 3: You know, it's hard to say because a lot of

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Speaker 3: things are happening right now. We have the Dalilah luck happening.

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Speaker 2: We have a lot of.

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Speaker 1: Drivers getting put out of service for non English, which

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Speaker 1: you know it should have never never been in the

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Speaker 1: truck to begin with. You get these former numbers, Sean Duffy,

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Speaker 1: thank you for putting a spotlight on these drivers. You know,

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Speaker 1: first it was twenty thousand dollars in California two hundred thousand.

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Speaker 3: Now he's saying six hundred thousand.

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Speaker 1: I belong to a group called the GCCA, the Gold

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Speaker 1: Global Cold Chaine Alliance. They're saying it might be up

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Speaker 1: to eight hundred thousand drivers that should haven't gotten CDLs.

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Speaker 3: You know. So a lot of things are happening. Yeah,

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Speaker 3: it's it's ridiculous. It's ridiculous. And that's another thing. So

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Speaker 3: the tragging industry was dying after COVID because we lost

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Speaker 3: twenty percent of business.

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Speaker 1: What everything closed down, you know, and then when the

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Speaker 1: volumes started coming back, they were low and we're all

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Speaker 1: fighting for the same.

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Speaker 3: Freight went to low is better.

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Speaker 1: And on top of that, you know, they brought in

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Speaker 1: all these foreign truck drivers that undercut the US truck driver.

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Speaker 1: And because of that, you know, we have all these

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Speaker 1: you know, legacy trucking companies go out of business that've

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Speaker 1: been around forty sixty years, second third generation because of

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Speaker 1: these of these jokers. You know, it's it's it's sad

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Speaker 1: we're holding on, you know what I mean, Honestly, if

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Speaker 1: it doesn't get any better, you know, we're all going

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Speaker 1: to go out of business, at this rate because we

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Speaker 1: need money to stay afloat, and then if the economy

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Speaker 1: does have a rebound, we need.

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Speaker 3: Drivers to to keep the wheels.

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Speaker 4: Rolling and keep their economy roaring exactly and with the

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Speaker 4: lower well, with the fewer truckers as some of those

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Speaker 4: are being found and losing their CDL licenses and going

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Speaker 4: by the way wide, aren't those companies that are hiring

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Speaker 4: them suffering a lot more because they hired these people,

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Speaker 4: probably knowing that they're illegal, and then been undercutting your

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Speaker 4: rates or the other rates with your as you talked

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Speaker 4: about these legacy companies, is there.

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Speaker 2: A lag time there? Are you seeing any movement as

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Speaker 2: far as that's concerned that there's a fewer competitors or

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Speaker 2: less people out there that are having these types of

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Speaker 2: illegal workers.

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Speaker 3: Honestly, I wish I would see more results faster.

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Speaker 1: You know, I believe they're struggling because you know, these

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Speaker 1: drivers are getting crowd service. A lot of drivers are

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Speaker 1: being scared down the street of a company that has

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Speaker 1: a bunch of Ukrainian drivers and they thought that was

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Speaker 1: they're going to beat the system by not letting going

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Speaker 1: over the road.

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Speaker 3: So they're keeping locals.

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Speaker 1: So it's gonna take a while to you know, round

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Speaker 1: up these drivers and to get them out of the street.

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Speaker 1: It's not happening fast enough, you know, honestly, and I

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Speaker 1: just these companies deserved Listen.

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Speaker 3: They cheated the system, they cut They knew what they

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Speaker 3: were doing.

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Speaker 1: They knew they were taking drivers that didn't have social

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Speaker 1: securities or working bees. They drivers are unexperienced. You know

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Speaker 1: what blows my mind is the insurance companies cover these guys.

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Speaker 1: You know, every year, my insurance goes up fifteen to

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Speaker 1: twenty five percent because the jokers like this, because we're

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Speaker 1: all pulled together with long distance struck drivers, and insurance

345
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Speaker 1: companies think that long distance truck drivers are you know,

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Speaker 1: the ugly duzling.

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Speaker 3: And you know, they give these.

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Speaker 1: Guys a liability and coverage.

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Speaker 3: It's just ridiculous. They get in that huge accident and

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Speaker 3: they're like, oh, this.

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Speaker 1: Guy doesn't have a social Security number, he doesn't have

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Speaker 1: a working visa, he speaks no English, he's been driving

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Speaker 1: a truck for three months. Wow, We're so surprised. And

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Speaker 1: then in the meantime, Americans are dying because of this.

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Speaker 3: You know, it's it's.

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Speaker 1: A very serious situation out there, and listen, I'm not

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Speaker 1: you know, I want to help the immigrants, but this

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Speaker 1: is not how you help immigrants.

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Speaker 3: And I'm not saying that.

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Speaker 1: Look, it's not where somebody's from, or or or who

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Speaker 1: they are. It's if your experienced drabberdy driver CDL man.

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Speaker 3: You know, we put all.

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Speaker 1: These checks, checks and checks and balances and in to

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Speaker 1: protect our drivers.

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Speaker 3: Let's say you and I start.

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Speaker 1: Trucking tomorrow, we go do a license.

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Speaker 3: Before we get a cdo license.

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Speaker 1: They have to we have to check some boxes as

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Speaker 1: and I got this from Sean Duffy.

370
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Speaker 3: Try if he goes. Look, you can't have a GUI,

371
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Speaker 3: you can't be a criminal. You can't have X and

372
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Speaker 3: Y and z.

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Speaker 1: You know all these boxes you checked before you get

374
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Speaker 1: a CDL. These drivers came in from other countries. They

375
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Speaker 1: couldn't check do a background check on them. They couldn't

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Speaker 1: check if there were criminals or had guys.

377
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Speaker 3: They had a clean slate. That's giving licenses and let

378
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Speaker 3: them go.

379
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Speaker 1: That's unfair for the American people or the American trucker

380
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Speaker 1: doing the things right way.

381
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Speaker 3: You know, I would love to go to a country.

382
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Speaker 3: What country gives the license away without checking things?

383
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Speaker 2: You know, exactly.

384
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Speaker 3: It's it's it's I blame.

385
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Speaker 2: This is a good place to stop here because we

386
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Speaker 2: have to take a break real quick and we'll come back.

387
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Speaker 2: We'll continue on with this because again, this is uh, Obviously,

388
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Speaker 2: we've got two things going on. We've got the war

389
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Speaker 2: going on, diesel prices going up, but then again we've

390
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Speaker 2: also got a number of illegal immigrants, truckers in the

391
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Speaker 2: in the system that have to be dealt with. Talking

392
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Speaker 2: with Mike Katarski, he is the co owner and vice

393
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Speaker 2: president JKC Trucking, I'm Kevin Gordon, America's Trucking Network seven

394
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Speaker 2: hundred WLW. I'm Kevin Gordon, American's Trucking Network, seven hundred WLW.

395
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Speaker 2: Continuing our conversation with Mike Kacharski. He is a co

396
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Speaker 2: owner and vice president of JKC Trucking. He has spent

397
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Speaker 2: more than thirty years in the industry. He is an

398
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Speaker 2: industry expert. JKC Trucking is the largest refrigerated trucking company

399
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Speaker 2: based out of Chicago. We're talking about originally diesel prices,

400
00:21:33,560 --> 00:21:36,200
Speaker 2: which we've kind of got a double edged sword here.

401
00:21:36,240 --> 00:21:39,639
Speaker 2: We've got rising diesel prices which are obviously falling to

402
00:21:39,680 --> 00:21:42,520
Speaker 2: the bottom line. You talked about in the previous segment,

403
00:21:42,600 --> 00:21:45,639
Speaker 2: how you have to pay for your diesel within five days,

404
00:21:46,000 --> 00:21:49,640
Speaker 2: it takes you thirty days to collect the freight and stuff.

405
00:21:50,040 --> 00:21:54,520
Speaker 2: And I guess, first of all, question Mike, is that working,

406
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Speaker 2: because I know that as a recovering accountant, there are

407
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Speaker 2: times when well, you're giving thirty days to people on

408
00:22:02,720 --> 00:22:09,080
Speaker 2: their receivables, but they take sometimes thirty five days, forty days,

409
00:22:09,119 --> 00:22:12,000
Speaker 2: et cetera. Are they keeping within those terms?

410
00:22:12,160 --> 00:22:14,439
Speaker 1: I mean most customers are, because if they don't, I

411
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Speaker 1: mean they're not. We're just gonna say, hey, look we

412
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Speaker 1: can't do business because we need.

413
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Speaker 3: To get paid, you know what I mean.

414
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Speaker 1: Like, like I said, we're paying the diesel, we're paying

415
00:22:21,920 --> 00:22:24,520
Speaker 1: the driver wait before we get paid. So we're always

416
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Speaker 1: chasing the money. And the last two years in the

417
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Speaker 1: trucking industry, everybody's been feeling the pain. All our bank

418
00:22:30,320 --> 00:22:33,439
Speaker 1: accounts are low, and you need a big stack of

419
00:22:33,480 --> 00:22:35,600
Speaker 1: cash sitting there because you're gonna have draw us down

420
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Speaker 1: some cash. You know, just just think about it. I'm

421
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Speaker 1: paying fifty thousand dollars extra a week, you know, I

422
00:22:41,520 --> 00:22:43,120
Speaker 1: don't even want to do the math it just had

423
00:22:43,160 --> 00:22:44,760
Speaker 1: to be for twelve months because I'm going to have

424
00:22:44,800 --> 00:22:49,439
Speaker 1: a heart attack exactly. But nobody has that much money

425
00:22:49,480 --> 00:22:52,240
Speaker 1: sitting in their bank account. It's been a bad two years,

426
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Speaker 1: you know, We're not I don't feel that we're back

427
00:22:56,359 --> 00:23:01,960
Speaker 1: to pre COVID volumes of food, which is as yeah,

428
00:23:02,000 --> 00:23:05,200
Speaker 1: we have. You know, it's gone from bad to worse

429
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Speaker 1: to god knows what, and if it doesn't getting any better,

430
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Speaker 1: we're all going.

431
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Speaker 3: To be out of business.

432
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Speaker 2: And then the other side of the sword. Now, all

433
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Speaker 2: of a sudden we've got well not all of a sudden,

434
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Speaker 2: it's been building up for about the last four or

435
00:23:16,760 --> 00:23:19,680
Speaker 2: five years or so with the flood, the invasion of

436
00:23:19,720 --> 00:23:22,680
Speaker 2: illegal immigrants and those people, and we're seeing their stories

437
00:23:22,880 --> 00:23:26,280
Speaker 2: left and right of how many are out there driving

438
00:23:26,320 --> 00:23:29,560
Speaker 2: on the road, And it just boggles my mind from

439
00:23:29,640 --> 00:23:33,639
Speaker 2: a business standpoint that somebody would take on the I

440
00:23:33,680 --> 00:23:38,800
Speaker 2: guess the liability of hiring somebody who's unqualified, and unless

441
00:23:38,840 --> 00:23:41,520
Speaker 2: there's some sort of way that they can shuffle things

442
00:23:41,520 --> 00:23:44,080
Speaker 2: that if something happens there, they can just shut down

443
00:23:44,119 --> 00:23:47,240
Speaker 2: that business and move on to another. But then you've

444
00:23:47,280 --> 00:23:50,920
Speaker 2: got the insurance companies that apparently they're just all they

445
00:23:50,960 --> 00:23:53,239
Speaker 2: wanted the premiums. They don't care where it comes from,

446
00:23:53,320 --> 00:23:56,320
Speaker 2: they don't care how it comes They just want to

447
00:23:56,320 --> 00:23:58,760
Speaker 2: get the insurance premiums. And if they have to pay

448
00:23:58,760 --> 00:24:01,560
Speaker 2: anything out then well, you know what, we'll just we'll

449
00:24:01,640 --> 00:24:05,359
Speaker 2: just raise those rates to our other good customers or

450
00:24:05,560 --> 00:24:08,760
Speaker 2: everything across the board. So, uh, he got that going

451
00:24:08,800 --> 00:24:12,159
Speaker 2: on as well. So we were talking about that before

452
00:24:12,200 --> 00:24:15,480
Speaker 2: the break and you're not are you seeing You're not

453
00:24:15,520 --> 00:24:17,919
Speaker 2: seeing any break in that or it seems not like

454
00:24:18,000 --> 00:24:21,080
Speaker 2: it's not happening fast enough that they're cleaning this up.

455
00:24:21,520 --> 00:24:21,800
Speaker 3: They are.

456
00:24:21,920 --> 00:24:24,960
Speaker 1: They're cleaning up I mean houses. I want to thank you, Wyoming.

457
00:24:25,000 --> 00:24:28,560
Speaker 1: They're pulling drivers over. Oklahoma is kicking ass. You know,

458
00:24:28,680 --> 00:24:30,680
Speaker 1: my driver just told me a couple of weeks ago

459
00:24:30,760 --> 00:24:32,639
Speaker 1: that they called them in a scalehouse to check it

460
00:24:32,640 --> 00:24:35,080
Speaker 1: and they had four guys chained up. He was almost

461
00:24:35,119 --> 00:24:37,679
Speaker 1: scared to see these guys chained up and he's like,

462
00:24:37,720 --> 00:24:39,680
Speaker 1: what what, what? What's wrong with these drivers? And this?

463
00:24:39,720 --> 00:24:42,000
Speaker 3: So they're legals, they're legals. They've took them off the

464
00:24:42,080 --> 00:24:44,159
Speaker 3: road and they i mean, obviously the scalehouses and't have

465
00:24:44,200 --> 00:24:46,600
Speaker 3: a holding cell, so they kind of chain them up until.

466
00:24:46,400 --> 00:24:48,480
Speaker 1: Immigration comes again, and it's kind of scary thought, but

467
00:24:48,520 --> 00:24:50,760
Speaker 1: this is what has to happen in America because these

468
00:24:50,800 --> 00:24:55,040
Speaker 1: guys are endangering the American people, the molting public. You know,

469
00:24:55,119 --> 00:24:57,520
Speaker 1: it's it's just it's just crazy. What what has happened

470
00:24:57,560 --> 00:25:00,119
Speaker 1: in this country? You I mean the last administration and

471
00:25:00,920 --> 00:25:04,880
Speaker 1: the last you know, transportation director, which is literally absent.

472
00:25:05,240 --> 00:25:06,840
Speaker 3: You know, I hope Beckter we clean.

473
00:25:06,640 --> 00:25:09,480
Speaker 1: This up, We put text and balances in and we

474
00:25:09,600 --> 00:25:12,480
Speaker 1: hold these people liable because this is a big.

475
00:25:12,320 --> 00:25:13,840
Speaker 3: Black eyes to the trucking industry. You know, I blame

476
00:25:13,880 --> 00:25:14,200
Speaker 3: the driver.

477
00:25:14,400 --> 00:25:16,320
Speaker 1: I blame these guys, like these immigrants that came here,

478
00:25:16,359 --> 00:25:17,720
Speaker 1: they knew they should have been trug drivers.

479
00:25:18,000 --> 00:25:21,639
Speaker 3: I blame whoever gave them licenses, Department of Transportation or

480
00:25:21,880 --> 00:25:23,120
Speaker 3: or the d m DS.

481
00:25:24,280 --> 00:25:28,240
Speaker 1: I blame the insurance company to to give them insurance.

482
00:25:28,600 --> 00:25:29,960
Speaker 3: You know, it is so hard for me to get

483
00:25:30,000 --> 00:25:31,600
Speaker 3: insurance and they just gave it to these guys.

484
00:25:31,960 --> 00:25:34,600
Speaker 1: And I blame the shippers or you know, whoever's giving

485
00:25:34,640 --> 00:25:39,159
Speaker 1: them loads because they knew that these workers were not legit.

486
00:25:39,680 --> 00:25:42,480
Speaker 1: And you know, us truckers doing the right thing every

487
00:25:42,520 --> 00:25:45,119
Speaker 1: day are struggling and dying because of this you know,

488
00:25:45,200 --> 00:25:45,840
Speaker 1: and that's not right.

489
00:25:46,040 --> 00:25:49,280
Speaker 2: Yeah, And we talked off air about the fact that

490
00:25:49,480 --> 00:25:53,000
Speaker 2: these shippers and the brokers and all the people in

491
00:25:53,040 --> 00:25:57,040
Speaker 2: the basically the food chain of the of the trucking industry.

492
00:25:57,400 --> 00:26:00,480
Speaker 2: It's like, even though they're getting these this cheap labor,

493
00:26:01,240 --> 00:26:04,320
Speaker 2: these cheap rates are undercutting, we're not seeing that being

494
00:26:04,400 --> 00:26:07,879
Speaker 2: passed through to the customer. That that's not falling down

495
00:26:07,960 --> 00:26:10,520
Speaker 2: to where we're not even getting a benefit from that.

496
00:26:10,840 --> 00:26:14,080
Speaker 2: So we're paying we're paying the same that we would

497
00:26:14,200 --> 00:26:18,040
Speaker 2: for whatever product commodity that is being shipped, but then

498
00:26:18,080 --> 00:26:21,879
Speaker 2: we're also paying higher insurance rates on other things because

499
00:26:21,920 --> 00:26:25,080
Speaker 2: they have to make that insurance money up someplace else.

500
00:26:25,800 --> 00:26:29,320
Speaker 2: And we're still paying for the free education, the free

501
00:26:29,320 --> 00:26:33,439
Speaker 2: health care and all this. So the expenses across the

502
00:26:33,480 --> 00:26:36,960
Speaker 2: board and other areas are going up when we were

503
00:26:37,000 --> 00:26:39,200
Speaker 2: not even and we're not even seeing the break as

504
00:26:39,200 --> 00:26:41,720
Speaker 2: far as the commodity that's being shipped.

505
00:26:41,880 --> 00:26:42,160
Speaker 3: Correct.

506
00:26:42,240 --> 00:26:45,040
Speaker 1: Yeah, And theory, you know, if if we're paying less

507
00:26:45,080 --> 00:26:47,840
Speaker 1: for transportation, it should be trickled down to the American people,

508
00:26:47,880 --> 00:26:48,760
Speaker 1: and that's not happening.

509
00:26:49,080 --> 00:26:49,280
Speaker 3: You know.

510
00:26:49,359 --> 00:26:52,639
Speaker 1: The people that are saying they're you know, holding on

511
00:26:52,760 --> 00:26:54,560
Speaker 1: to the money the brokers and the shippers. You know,

512
00:26:55,000 --> 00:26:57,679
Speaker 1: I see a year ago, before I met, before I

513
00:26:57,760 --> 00:26:59,639
Speaker 1: knew about all these illegal drivers, I went to a

514
00:26:59,640 --> 00:27:02,200
Speaker 1: customer and they said, hey, you need to low your rates.

515
00:27:02,240 --> 00:27:03,879
Speaker 1: I go, listen, this is as low as I can go.

516
00:27:03,960 --> 00:27:05,960
Speaker 1: I'm making no money. And they'll say, hey, you know

517
00:27:06,000 --> 00:27:09,600
Speaker 1: this year we saved you know, forty million dollars of transportation.

518
00:27:09,760 --> 00:27:11,600
Speaker 3: Like I was over targeting them. You know, that was

519
00:27:11,640 --> 00:27:14,399
Speaker 3: a real you know, blow to my ego.

520
00:27:14,160 --> 00:27:16,040
Speaker 1: Because I'm like, you know, hey, listen, I don't know how.

521
00:27:15,920 --> 00:27:16,480
Speaker 3: You're doing this.

522
00:27:16,560 --> 00:27:19,560
Speaker 1: And I mean, obviously, hey, well and behold, you know,

523
00:27:19,680 --> 00:27:23,000
Speaker 1: you find out who they were using, and you know,

524
00:27:23,040 --> 00:27:25,600
Speaker 1: I hope one day, on top of you know, cleaning

525
00:27:25,640 --> 00:27:28,920
Speaker 1: up these drivers, they go after these shippers and these

526
00:27:28,920 --> 00:27:32,840
Speaker 1: brokers that they knew they used illegal drivers to undercut

527
00:27:32,840 --> 00:27:35,800
Speaker 1: the market. And they have to pay for it because

528
00:27:36,000 --> 00:27:39,760
Speaker 1: they ruined the lives of legacy truckers, the American dream

529
00:27:39,920 --> 00:27:41,359
Speaker 1: and the American trucker.

530
00:27:41,880 --> 00:27:45,920
Speaker 2: And faith in the system by the general driving public themselves.

531
00:27:46,119 --> 00:27:49,920
Speaker 2: Speaking with Mike Katarski Khner and vice president of JKC Trucking,

532
00:27:50,520 --> 00:27:53,600
Speaker 2: and the other thing about this is it's one thing

533
00:27:53,840 --> 00:27:59,800
Speaker 2: if you. You're providing a service, a very good service

534
00:28:00,080 --> 00:28:05,760
Speaker 2: you've been providing for number of years, and somebody thinks, okay,

535
00:28:05,840 --> 00:28:08,800
Speaker 2: well somebody has come along and gotten a cheaper rate,

536
00:28:09,240 --> 00:28:12,000
Speaker 2: and so we're going to go with them. And you

537
00:28:12,280 --> 00:28:15,560
Speaker 2: think that eventually they'll wise up and say, well, you know,

538
00:28:15,600 --> 00:28:17,560
Speaker 2: we're not getting the quality of service, we're not getting

539
00:28:17,560 --> 00:28:19,400
Speaker 2: the delivery on time, and all this sort of stuff.

540
00:28:19,440 --> 00:28:22,359
Speaker 2: They'll come back, but in the meantime, there's blown a

541
00:28:22,359 --> 00:28:25,439
Speaker 2: hole in your budget as far as that's concerned. And

542
00:28:25,560 --> 00:28:28,600
Speaker 2: unless you've got the resources to weather that storm, as

543
00:28:28,640 --> 00:28:32,120
Speaker 2: you said, pushing a lot of these legacy truckers out

544
00:28:32,280 --> 00:28:36,679
Speaker 2: and then when they come back looking for a good

545
00:28:36,760 --> 00:28:41,280
Speaker 2: trucking company, they're no longer there. And so I think

546
00:28:41,400 --> 00:28:45,400
Speaker 2: the general public and I think corporations and people that

547
00:28:45,440 --> 00:28:48,840
Speaker 2: are in this industry have to realize that, yeah, okay,

548
00:28:49,120 --> 00:28:51,480
Speaker 2: we want to have a good bottom line, but we

549
00:28:51,560 --> 00:28:53,720
Speaker 2: want to have a good bottom line that can be

550
00:28:54,480 --> 00:29:00,080
Speaker 2: contained and done over the years and not ruin the

551
00:29:00,200 --> 00:29:03,800
Speaker 2: entire industry itself. So again, it's just as you say,

552
00:29:03,840 --> 00:29:05,480
Speaker 2: it's it's been crazy out there.

553
00:29:05,640 --> 00:29:07,080
Speaker 3: Yeah, it's it's been houses.

554
00:29:07,200 --> 00:29:09,560
Speaker 1: It's been definitely that tis between you know, I have

555
00:29:09,680 --> 00:29:13,080
Speaker 1: customers and houses. I would say, you know, seventy five

556
00:29:13,320 --> 00:29:15,360
Speaker 1: percent of my customers have been loyal and they didn't

557
00:29:15,440 --> 00:29:17,360
Speaker 1: jump ship. I mean, they let me adjust to this,

558
00:29:17,400 --> 00:29:19,200
Speaker 1: said hey, could you just sit down when you work

559
00:29:19,280 --> 00:29:21,160
Speaker 1: through it. But a lot of these customers just jump

560
00:29:21,200 --> 00:29:23,920
Speaker 1: ship without you know, without even a word like hey,

561
00:29:24,320 --> 00:29:25,840
Speaker 1: a few kiss my muploffs, I'm.

562
00:29:25,760 --> 00:29:26,160
Speaker 3: Out of here.

563
00:29:26,280 --> 00:29:28,840
Speaker 1: They just disappeared and slowly they're coming back. And I

564
00:29:28,880 --> 00:29:31,320
Speaker 1: remember who those people are, and how about this. I'm

565
00:29:31,320 --> 00:29:33,080
Speaker 1: going to service to people that you know stuck with

566
00:29:33,120 --> 00:29:36,480
Speaker 1: me first, because I'm a loyal carrier, even though you know,

567
00:29:36,920 --> 00:29:40,120
Speaker 1: I try to be even though some of these customers are.

568
00:29:40,160 --> 00:29:41,840
Speaker 1: Now I'm gonna be loyal to customers that that that

569
00:29:41,960 --> 00:29:44,280
Speaker 1: you know pulled me, pulled me through the good times

570
00:29:44,280 --> 00:29:45,840
Speaker 1: in the bad, because you know, that's.

571
00:29:45,800 --> 00:29:46,480
Speaker 3: That's the point.

572
00:29:46,480 --> 00:29:48,840
Speaker 1: You know, it's a relationship. You know, you take care

573
00:29:48,840 --> 00:29:50,880
Speaker 1: of the customer and the customers should take care of you.

574
00:29:51,400 --> 00:29:53,440
Speaker 1: Another issue with these customers are you know they're putting

575
00:29:53,440 --> 00:29:56,160
Speaker 1: these people in transportation department that are you know, very

576
00:29:56,200 --> 00:29:58,560
Speaker 1: young people have no idea what they're doing. You know,

577
00:29:58,720 --> 00:30:00,480
Speaker 1: they're don't talk on the phone, no more or it's

578
00:30:00,520 --> 00:30:03,200
Speaker 1: it's you know, the transportation world has changed so much

579
00:30:03,520 --> 00:30:05,200
Speaker 1: since my father started the business.

580
00:30:05,720 --> 00:30:07,840
Speaker 3: You know when when when we started the business, trucking

581
00:30:08,000 --> 00:30:10,880
Speaker 3: was fun. You delivered a product to somebody's door. They

582
00:30:10,880 --> 00:30:13,600
Speaker 3: were happy you were there. You're early, they're happy you

583
00:30:13,640 --> 00:30:16,280
Speaker 3: were late. They were happy, Thank you, thank you. Now

584
00:30:16,280 --> 00:30:19,680
Speaker 3: you get to shipper, you know, before time, they're unhappy.

585
00:30:19,760 --> 00:30:22,160
Speaker 1: You get, you know, drivers get you know, harassed at

586
00:30:22,160 --> 00:30:24,520
Speaker 1: these warehouses, treating like their garbage.

587
00:30:25,080 --> 00:30:26,000
Speaker 2: You know, you have to.

588
00:30:25,920 --> 00:30:28,560
Speaker 3: Pay front loading. You're late ten minutes, three hundred fifty

589
00:30:28,560 --> 00:30:29,320
Speaker 3: dollars late fee.

590
00:30:30,160 --> 00:30:33,360
Speaker 1: Oh my god, nextent happens, we're scheduling these same amount

591
00:30:33,400 --> 00:30:34,240
Speaker 1: of three hundred dollars.

592
00:30:34,360 --> 00:30:34,520
Speaker 2: You know.

593
00:30:34,720 --> 00:30:36,680
Speaker 3: The trucking she's not what he used to be. You know,

594
00:30:36,800 --> 00:30:38,080
Speaker 3: it's it's overregulated.

595
00:30:38,160 --> 00:30:42,000
Speaker 1: And I pray that you know, Duffy's working on deregulating

596
00:30:42,040 --> 00:30:43,120
Speaker 1: because we need de regulation.

597
00:30:43,840 --> 00:30:45,720
Speaker 3: Uh and the truckers need protection.

598
00:30:46,120 --> 00:30:49,600
Speaker 1: Well because we've been we've been, we've been harassed, you know,

599
00:30:49,680 --> 00:30:51,280
Speaker 1: and it's nobody likes it. You know, we can we

600
00:30:51,280 --> 00:30:53,240
Speaker 1: can deal with so much and there's only so much

601
00:30:53,240 --> 00:30:54,400
Speaker 1: you could take exactly.

602
00:30:54,680 --> 00:30:57,720
Speaker 2: Well, Mike, we're up against the clock. Here and I

603
00:30:57,800 --> 00:30:59,440
Speaker 2: appreciate talking to you. We're gonna have to have you

604
00:30:59,480 --> 00:31:01,400
Speaker 2: on more off often to talk about kind of how

605
00:31:01,440 --> 00:31:04,280
Speaker 2: things are going, where you're seeing things heading. And of

606
00:31:04,280 --> 00:31:07,720
Speaker 2: course let's hope that this war with Iran ends soon.

607
00:31:08,640 --> 00:31:11,960
Speaker 2: Get the h I think if things go the way

608
00:31:12,040 --> 00:31:15,640
Speaker 2: they should go, this could be very good for the

609
00:31:15,680 --> 00:31:19,280
Speaker 2: world economy that we no longer have a cancer in

610
00:31:19,320 --> 00:31:21,680
Speaker 2: the Middle East that are tying things up. And then

611
00:31:22,000 --> 00:31:25,840
Speaker 2: of course as the transportation industry kind of weeds out

612
00:31:26,240 --> 00:31:31,360
Speaker 2: these illegal truckers and these illegal companies, things will hopefully

613
00:31:31,480 --> 00:31:34,000
Speaker 2: turn around shortly. All the best to you, my friend,

614
00:31:34,360 --> 00:31:37,360
Speaker 2: and look forward to talking to you, and be safe

615
00:31:37,360 --> 00:31:37,800
Speaker 2: out there.

616
00:31:38,080 --> 00:31:39,080
Speaker 3: Thank you.

617
00:31:39,160 --> 00:31:47,360
Speaker 2: All righty, I'm Kevin Gordon, America's Trucking Network seven hundred WLW.

618
00:31:47,400 --> 00:31:52,320
Speaker 2: This is America'strucking Networks seven hundred WLW. My thanks to

619
00:31:52,360 --> 00:31:56,600
Speaker 2: Mike Rotarski speaking with us. And again it's always great

620
00:31:56,640 --> 00:31:59,240
Speaker 2: to talk to industry experts to find out what's going

621
00:31:59,280 --> 00:32:02,600
Speaker 2: on boots on the ground them with their industries, what's

622
00:32:02,640 --> 00:32:07,160
Speaker 2: they're experiencing, and their concerns. And it's always great to

623
00:32:07,240 --> 00:32:09,120
Speaker 2: hear that from somebody else. I mean, you can read

624
00:32:09,160 --> 00:32:11,720
Speaker 2: all these things online you can read, but to actually

625
00:32:11,720 --> 00:32:15,680
Speaker 2: sit down and speak with somebody directly, it's always interesting.

626
00:32:16,080 --> 00:32:18,280
Speaker 2: And on the heels of what he was talking about

627
00:32:18,280 --> 00:32:20,800
Speaker 2: in terms of diesel prices and what's going on there,

628
00:32:21,240 --> 00:32:23,200
Speaker 2: of course, we got to have this bad news that

629
00:32:23,240 --> 00:32:26,120
Speaker 2: came about. I guess, well, it was a couple of

630
00:32:26,200 --> 00:32:30,280
Speaker 2: days ago, explosion and fired major refinery in Texas, sending

631
00:32:30,280 --> 00:32:33,800
Speaker 2: gas and diesel futures sharply higher. Well, this was on Tuesday,

632
00:32:34,120 --> 00:32:37,520
Speaker 2: an explosion of the Vallero facility, Port Arthur, Texas. Those

633
00:32:37,640 --> 00:32:41,320
Speaker 2: are having their effect through the markets and affecting the

634
00:32:41,360 --> 00:32:45,160
Speaker 2: diesel prices, gas prices and so on. Wholesale gasoline prices

635
00:32:45,440 --> 00:32:48,160
Speaker 2: again we're up about ten cents a gallon. Andrew Lippo

636
00:32:48,680 --> 00:32:53,400
Speaker 2: consulting firm Lippo with Oil Associates. However, that fire has

637
00:32:53,440 --> 00:32:56,680
Speaker 2: been put out. They are saying that there's no reason

638
00:32:56,720 --> 00:32:59,960
Speaker 2: to believe that the explosion was anything more than industrial

639
00:33:00,120 --> 00:33:04,000
Speaker 2: accident rather than a deliberate act of terrorism. The fact

640
00:33:04,040 --> 00:33:07,280
Speaker 2: that the fires and explosions do happen in refining and

641
00:33:07,320 --> 00:33:10,760
Speaker 2: refining facilities. He said, it's just way too early to

642
00:33:10,880 --> 00:33:15,120
Speaker 2: know which way things were going. And again there's been

643
00:33:15,160 --> 00:33:20,160
Speaker 2: an effect, but it's been surprisingly Even though this happened

644
00:33:20,160 --> 00:33:23,160
Speaker 2: on Tuesday and they were saying that this was going

645
00:33:23,200 --> 00:33:26,480
Speaker 2: to have a large impact, the impact hasn't been as

646
00:33:26,560 --> 00:33:30,640
Speaker 2: great as they were expecting. So there's some good news there.

647
00:33:31,320 --> 00:33:34,360
Speaker 2: And of course, as soon as that facility can be

648
00:33:34,400 --> 00:33:38,360
Speaker 2: put more online, the better they will be. Now, a

649
00:33:38,400 --> 00:33:41,040
Speaker 2: lot of major trucking companies that were saying, well, relatively

650
00:33:41,120 --> 00:33:44,760
Speaker 2: few Americans drive are used diesel. It's critical again to

651
00:33:44,800 --> 00:33:47,720
Speaker 2: the trucking industry and the farming community and so on.

652
00:33:48,000 --> 00:33:49,760
Speaker 2: This is a story that was written and of course

653
00:33:49,920 --> 00:33:52,640
Speaker 2: a lot of our audience are not in the trucking industry,

654
00:33:52,720 --> 00:33:54,760
Speaker 2: so this is important for them to know as well.

655
00:33:55,200 --> 00:33:58,960
Speaker 2: But a lot of people in the major driving public

656
00:33:59,040 --> 00:34:03,719
Speaker 2: aren't using diesel, so they aren't really normally affected by this,

657
00:34:03,880 --> 00:34:06,800
Speaker 2: but for them out there to know that the trucking

658
00:34:06,840 --> 00:34:10,960
Speaker 2: industry relies on diesel tremendously and that is life's blood

659
00:34:11,080 --> 00:34:15,880
Speaker 2: or the fuel that fuels the life blood of this economy.

660
00:34:16,239 --> 00:34:18,759
Speaker 2: While relatively if fuel Americans drive diesel, it's critical to

661
00:34:18,880 --> 00:34:22,120
Speaker 2: trucking and farming industry, so higher prices there could drive

662
00:34:22,200 --> 00:34:25,560
Speaker 2: up prices. A large swath of goods the Americans buy.

663
00:34:26,760 --> 00:34:30,279
Speaker 2: Most major trucking companies have built in fuel surcharge schedules,

664
00:34:30,520 --> 00:34:33,560
Speaker 2: and we talked about this with Mike earlier. Some of

665
00:34:33,600 --> 00:34:36,160
Speaker 2: those can be put in place, but again, when you're

666
00:34:36,160 --> 00:34:41,040
Speaker 2: dealing with as he's dealing with, competition from illegal truck

667
00:34:41,120 --> 00:34:45,759
Speaker 2: drivers and kind of less than reputable trucking companies makes

668
00:34:45,760 --> 00:34:49,680
Speaker 2: it difficult to pass on those surcharges, and especially in

669
00:34:49,760 --> 00:34:52,680
Speaker 2: their business. But again, if you've got a strong basis

670
00:34:52,680 --> 00:34:56,239
Speaker 2: and a strong group of customers, they should realize that

671
00:34:56,680 --> 00:34:59,120
Speaker 2: and make sure that they don't do anything not only

672
00:34:59,120 --> 00:35:01,879
Speaker 2: to harm you as a company as a supplier to them,

673
00:35:02,160 --> 00:35:07,200
Speaker 2: but actually hurt overall industry itself by having unscrupulous vendors

674
00:35:07,239 --> 00:35:11,880
Speaker 2: out there providing services and making our highways even more dangerous.

675
00:35:11,880 --> 00:35:15,719
Speaker 2: So again, hopefully these companies are paying attention. Almost all

676
00:35:15,719 --> 00:35:17,880
Speaker 2: goods of the American households were on the truck at

677
00:35:17,960 --> 00:35:21,080
Speaker 2: some point. Diesel was also the key to fuel and

678
00:35:21,200 --> 00:35:23,840
Speaker 2: farm equipment, and it is about to kick up in

679
00:35:23,880 --> 00:35:27,239
Speaker 2: a high gear with our planting season. The refinery is

680
00:35:27,280 --> 00:35:29,320
Speaker 2: one of the ten largest in the United States, handling

681
00:35:29,320 --> 00:35:33,359
Speaker 2: four hundred and thirty five thousand barrels of oil a day.

682
00:35:33,800 --> 00:35:36,920
Speaker 2: It has seven hundred and seventy employees. And what is

683
00:35:37,000 --> 00:35:40,719
Speaker 2: remarkable is that there were no injuries with that accident,

684
00:35:40,800 --> 00:35:44,359
Speaker 2: so that's very good news. Another story talking about this

685
00:35:44,600 --> 00:35:47,600
Speaker 2: again reiterating the four hundred and thirty five thousand barrels

686
00:35:47,640 --> 00:35:51,839
Speaker 2: per day, and then in the other article they show

687
00:35:52,760 --> 00:35:55,239
Speaker 2: well there was a video with it, but also some

688
00:35:55,280 --> 00:35:59,440
Speaker 2: of the images of this fire, and it was unbelievable.

689
00:35:59,680 --> 00:36:03,279
Speaker 2: You see the amount of fire, and and what was

690
00:36:03,320 --> 00:36:05,960
Speaker 2: weird is you saw these cars driving by like it.

691
00:36:06,080 --> 00:36:09,920
Speaker 2: There was it was nothing. If I saw a fire

692
00:36:10,080 --> 00:36:12,480
Speaker 2: like that, I don't know that I would drive in

693
00:36:12,520 --> 00:36:15,399
Speaker 2: the neighborhood area or whatever. And of course they've been

694
00:36:15,400 --> 00:36:19,640
Speaker 2: concerned about any of the fallout in terms of pollution.

695
00:36:19,760 --> 00:36:22,160
Speaker 2: As far as the error is concerned, there's a shelter,

696
00:36:22,239 --> 00:36:25,239
Speaker 2: there was a shelter in place, put in place, put

697
00:36:25,280 --> 00:36:27,840
Speaker 2: in place to keep people inside so that they're not

698
00:36:27,920 --> 00:36:32,160
Speaker 2: breathing in these fumes. And the fire has been put out,

699
00:36:32,200 --> 00:36:35,400
Speaker 2: but the damage will be seen for a number of months.

700
00:36:35,840 --> 00:36:39,200
Speaker 2: I mentioned again we talked about as far as what's

701
00:36:39,239 --> 00:36:41,319
Speaker 2: going on over in the Middle East in terms of

702
00:36:41,320 --> 00:36:45,360
Speaker 2: gas prices and and how that is handling. Let's see

703
00:36:45,400 --> 00:36:47,879
Speaker 2: what other mischief can we get into before we get

704
00:36:47,920 --> 00:36:52,920
Speaker 2: out of here. Again, what we're seeing in terms of

705
00:36:52,960 --> 00:36:56,839
Speaker 2: the markets, it's kind of it's been reeling, and it's

706
00:36:57,000 --> 00:37:01,359
Speaker 2: weird because even though there have been these disruptions, it

707
00:37:01,480 --> 00:37:04,880
Speaker 2: doesn't seem as though that there has been much in

708
00:37:04,920 --> 00:37:10,880
Speaker 2: the way of disruption as far as actual volumes, pricing,

709
00:37:11,120 --> 00:37:14,040
Speaker 2: et cetera. So that's good news. We did get some

710
00:37:14,160 --> 00:37:17,640
Speaker 2: news in terms of flash reports having to do with

711
00:37:19,080 --> 00:37:24,160
Speaker 2: well what they recall the Flash US Composite person Purchasing

712
00:37:24,200 --> 00:37:29,640
Speaker 2: Managers Index overall, then the Purchasing Manager's Index in the

713
00:37:29,840 --> 00:37:33,879
Speaker 2: services area and in the manufacturing area, and a lot

714
00:37:33,920 --> 00:37:37,360
Speaker 2: of the headlines coming out of that, and the productivity

715
00:37:37,440 --> 00:37:42,120
Speaker 2: numbers they're talking about are down, but there are bright

716
00:37:42,160 --> 00:37:46,000
Speaker 2: spots in that they're talking about. The Flash US Composite

717
00:37:46,960 --> 00:37:51,479
Speaker 2: Purchasing Managers Index was at fifty one point four, which

718
00:37:51,600 --> 00:37:55,040
Speaker 2: was down from fifty one point nine. Anything above fifty

719
00:37:55,200 --> 00:37:59,480
Speaker 2: is still in a expansionary mode, but it is it

720
00:37:59,560 --> 00:38:03,760
Speaker 2: is down somewhat, and it's down to an eleven month low.

721
00:38:04,120 --> 00:38:06,960
Speaker 2: But again, when you're talking from fifty one point four,

722
00:38:08,120 --> 00:38:10,960
Speaker 2: I'm sorry, from fifty one point nine down to fifty

723
00:38:11,000 --> 00:38:14,319
Speaker 2: one point four. You're talking about half a point. The

724
00:38:14,360 --> 00:38:19,080
Speaker 2: flash US Services PMI index fifty one point one. In

725
00:38:19,160 --> 00:38:22,600
Speaker 2: February it was fifty one point seven, so again a

726
00:38:22,760 --> 00:38:27,719
Speaker 2: point six. But as far as the manufacturing output index

727
00:38:27,960 --> 00:38:30,719
Speaker 2: that indicates the amount of output coming out of these

728
00:38:30,760 --> 00:38:33,760
Speaker 2: factories and stuff, that is at fifty two point nine,

729
00:38:33,880 --> 00:38:38,759
Speaker 2: a two month high, and the US Manufacturing PMI was

730
00:38:39,719 --> 00:38:43,080
Speaker 2: fifty two point four, and that itself is a two

731
00:38:43,200 --> 00:38:48,000
Speaker 2: month high. So again you've got the purchasing Managers index.

732
00:38:48,239 --> 00:38:52,120
Speaker 2: But then when you have the output, the numbers kind

733
00:38:52,120 --> 00:38:57,560
Speaker 2: of offset each other. Basically a good news bad news.

734
00:38:58,160 --> 00:39:02,319
Speaker 2: Chris Williamson, Chiefiness economists at S and P Global. The

735
00:39:02,400 --> 00:39:07,239
Speaker 2: Flash PMI survey data for March signal an unwelcome combination

736
00:39:07,320 --> 00:39:11,319
Speaker 2: of slower growth and rising inflation following the outbreak of

737
00:39:11,360 --> 00:39:14,600
Speaker 2: the war in the Middle East. Companies are reporting a

738
00:39:14,840 --> 00:39:19,400
Speaker 2: hit to demand from the additional uncertainty and the cost

739
00:39:19,440 --> 00:39:23,800
Speaker 2: of living impact generated by the conflict. The PMI data

740
00:39:23,960 --> 00:39:29,040
Speaker 2: are indicative of GDP rising at an an annualized rate

741
00:39:29,120 --> 00:39:32,839
Speaker 2: of just one percent, with a modest one point three

742
00:39:32,880 --> 00:39:37,440
Speaker 2: percent expansion signaled for the first quarter. So with the

743
00:39:38,520 --> 00:39:42,520
Speaker 2: more in Iran, and with the productivity being down, purchasing

744
00:39:42,600 --> 00:39:46,120
Speaker 2: managers index being down, they are not expecting much of

745
00:39:46,160 --> 00:39:50,040
Speaker 2: a boost as far as the GDP is concerned. However,

746
00:39:50,480 --> 00:39:53,840
Speaker 2: if this war is wrapped up, imagine what will happen

747
00:39:54,160 --> 00:39:57,120
Speaker 2: If you have peace in the Middle East, you don't

748
00:39:57,200 --> 00:40:02,520
Speaker 2: have any disruptions, anybody using oil as blackmail, UH, using

749
00:40:02,680 --> 00:40:05,160
Speaker 2: the Straight of Horn moves as a choke choke point

750
00:40:05,440 --> 00:40:08,720
Speaker 2: and to hold up trade, which then sends the markets

751
00:40:08,719 --> 00:40:12,319
Speaker 2: into a frenzy because the Straight of Horror moves. If

752
00:40:12,360 --> 00:40:14,840
Speaker 2: you you know, over the last four or five years

753
00:40:14,920 --> 00:40:16,880
Speaker 2: or the last four years we've been doing this show

754
00:40:17,320 --> 00:40:22,520
Speaker 2: that periodically UH, they the Puti pirates that are funded

755
00:40:22,560 --> 00:40:28,359
Speaker 2: their rebels out of Uh, out of out of one

756
00:40:28,400 --> 00:40:33,879
Speaker 2: of the countries there, they have been terrorizing ships in

757
00:40:33,920 --> 00:40:39,160
Speaker 2: that area. And so when they attack these ships, then

758
00:40:39,280 --> 00:40:43,360
Speaker 2: those prices go up. And if those pirates are eliminated,

759
00:40:43,640 --> 00:40:46,200
Speaker 2: then you don't have that threat. Then you take into

760
00:40:46,200 --> 00:40:50,520
Speaker 2: consideration that if you no longer have the Hamas proxies

761
00:40:50,840 --> 00:40:56,520
Speaker 2: throw shooting missiles into Israel from the Gaza and Hezbollah

762
00:40:56,760 --> 00:41:00,920
Speaker 2: from the north firing missiles into is and then the

763
00:41:00,960 --> 00:41:06,280
Speaker 2: retaliation necessary there again, anytime there's any disruption in the release,

764
00:41:06,560 --> 00:41:09,520
Speaker 2: prices go up. Oil prices go up, and if that

765
00:41:09,760 --> 00:41:12,839
Speaker 2: is held in check, imagine the piece that will break out.

766
00:41:13,120 --> 00:41:15,640
Speaker 2: Oil prices will be down in the fifty dollars range

767
00:41:15,680 --> 00:41:18,040
Speaker 2: as opposed to the ninety to one hundred dollars range,

768
00:41:18,120 --> 00:41:21,279
Speaker 2: and of course gas prices will follow suit. Now, as

769
00:41:21,280 --> 00:41:24,080
Speaker 2: far as the output is concerned, we'll finish up with this.

770
00:41:24,480 --> 00:41:28,880
Speaker 2: The headline Flash S and P Global PMI composite output

771
00:41:29,920 --> 00:41:33,920
Speaker 2: was in good The reading pointed to a slowing in

772
00:41:34,000 --> 00:41:37,640
Speaker 2: the rate of growth as opposed to the slowing of

773
00:41:37,680 --> 00:41:41,800
Speaker 2: the rate of growth the slow down sector where businesses

774
00:41:41,880 --> 00:41:45,719
Speaker 2: activity grew at the weakest pace for eleven months. But

775
00:41:45,800 --> 00:41:49,800
Speaker 2: again you're still in that growth mode. Things are moving forward,

776
00:41:49,840 --> 00:41:53,680
Speaker 2: they're not moving backwards. Well, the growth, the percentage of

777
00:41:53,719 --> 00:41:58,200
Speaker 2: growth is slowing, it's not backward trending. So that is

778
00:41:58,239 --> 00:42:03,120
Speaker 2: all good newsks. We're off. We'll be there at the

779
00:42:03,160 --> 00:42:07,040
Speaker 2: booth this afternoon at one o'clock. Stop by visitors for

780
00:42:07,480 --> 00:42:11,560
Speaker 2: zero five seven seven is the booth number. We hope

781
00:42:11,600 --> 00:42:13,560
Speaker 2: to talk to you as many of you as possible.

782
00:42:13,640 --> 00:42:18,080
Speaker 2: I'm Kevin Gordon, America's truck at network seven hundred WLW