1 00:00:02,440 --> 00:00:05,280 Speaker 1: This is America's Trucking Network with Kevin Gordon. 2 00:00:07,840 --> 00:00:08,600 Speaker 2: Welcome aboard. 3 00:00:08,880 --> 00:00:11,440 Speaker 3: Thanks for tuning in on this Wednesday morning. 4 00:00:12,440 --> 00:00:14,240 Speaker 2: Well, I don't know about where you lived. 5 00:00:14,280 --> 00:00:16,520 Speaker 3: I looked at some of the temperatures around the country, 6 00:00:16,760 --> 00:00:20,919 Speaker 3: but here in the Greater Cincinnati Northern Kentucky area, mother 7 00:00:21,079 --> 00:00:21,880 Speaker 3: nature got to be. 8 00:00:21,920 --> 00:00:23,840 Speaker 2: It was quite a little bit of a tease. 9 00:00:25,000 --> 00:00:29,120 Speaker 3: Yesterday, temperatures got up in the I think it was 10 00:00:29,440 --> 00:00:32,320 Speaker 3: sixty two sixty three. It possibly as high as sixty 11 00:00:32,360 --> 00:00:36,960 Speaker 3: four degrees. Now, you know, the last last several weeks, 12 00:00:37,240 --> 00:00:39,320 Speaker 3: temperatures have been down around. In fact, we've had some 13 00:00:39,400 --> 00:00:42,280 Speaker 3: ice on the Ohio River. And usually the Ohio River 14 00:00:42,320 --> 00:00:45,599 Speaker 3: doesn't freeze over, but there's certain sections there where it 15 00:00:46,040 --> 00:00:48,839 Speaker 3: did kind of freeze, and they were warning people it 16 00:00:48,880 --> 00:00:51,280 Speaker 3: may look like it's solid, but don't go out on 17 00:00:51,320 --> 00:00:55,200 Speaker 3: the river, and because it'll fall through. Last week, couple 18 00:00:55,240 --> 00:00:56,720 Speaker 3: of times I got to go out and play in 19 00:00:56,720 --> 00:00:59,640 Speaker 3: the snow and snow shovel off the driveway. We got 20 00:01:00,040 --> 00:01:02,440 Speaker 3: I want, six seven inches of snow one day, and 21 00:01:02,480 --> 00:01:05,280 Speaker 3: then the next couple of days later we got about 22 00:01:05,280 --> 00:01:07,600 Speaker 3: an inch and man, I think about three inches of snow. 23 00:01:07,880 --> 00:01:10,360 Speaker 3: So I had to go out again and shovel off 24 00:01:10,400 --> 00:01:15,600 Speaker 3: the driveway or the sidewalking driveway. And what I've been 25 00:01:15,640 --> 00:01:18,120 Speaker 3: noticing over the last what was weird is that I 26 00:01:18,200 --> 00:01:21,479 Speaker 3: noticed over the last couple of days this last week 27 00:01:21,520 --> 00:01:25,760 Speaker 3: that this one neighbor wasn't around. So I didn't think 28 00:01:25,800 --> 00:01:28,160 Speaker 3: too much about it. But then I'm out there on 29 00:01:28,520 --> 00:01:33,000 Speaker 3: Friday and I'm shoveling the snow off the driveway and 30 00:01:33,080 --> 00:01:36,679 Speaker 3: she pulls in and what the people had done that 31 00:01:36,720 --> 00:01:41,400 Speaker 3: had come in and actually plowed the other and remove 32 00:01:41,480 --> 00:01:43,679 Speaker 3: the snow from the other driveways. Because I usually get 33 00:01:43,720 --> 00:01:46,560 Speaker 3: out there early and do the sidewalk so that people 34 00:01:46,600 --> 00:01:48,640 Speaker 3: who go out to work in the morning to slip 35 00:01:48,680 --> 00:01:52,440 Speaker 3: and fall and whatever, and then I usually do our driveway. 36 00:01:52,720 --> 00:01:55,800 Speaker 3: But the four driveways across they actually piled up these 37 00:01:56,160 --> 00:01:58,320 Speaker 3: snow banks to the point of where they were about 38 00:01:58,480 --> 00:02:03,480 Speaker 3: i'd say probably about about three feet high. And my 39 00:02:03,640 --> 00:02:08,280 Speaker 3: neighbor that's the far end of the driveway, she uses 40 00:02:08,320 --> 00:02:11,400 Speaker 3: a walker, and she would have to go all the 41 00:02:11,440 --> 00:02:14,320 Speaker 3: way down the driveway out in the street and then 42 00:02:14,480 --> 00:02:18,600 Speaker 3: back up to get into the condo. And I saw 43 00:02:18,680 --> 00:02:20,680 Speaker 3: her come home and I said, well, geez, let me 44 00:02:20,800 --> 00:02:23,520 Speaker 3: clear off the part around your car and clear a 45 00:02:23,600 --> 00:02:25,919 Speaker 3: path so that you can get down the street. I said, 46 00:02:25,960 --> 00:02:27,680 Speaker 3: if I got some time, I'll kind of knock this 47 00:02:27,720 --> 00:02:28,119 Speaker 3: thing down. 48 00:02:28,200 --> 00:02:28,960 Speaker 2: So it took me. 49 00:02:29,520 --> 00:02:32,280 Speaker 3: It did take that long. But there was this you know, 50 00:02:32,400 --> 00:02:34,600 Speaker 3: when you pile snow on and then it stays there 51 00:02:34,639 --> 00:02:36,440 Speaker 3: for a few days, it gets a little hard. But 52 00:02:36,800 --> 00:02:38,720 Speaker 3: I managed to cut in a little bit of a 53 00:02:38,760 --> 00:02:42,840 Speaker 3: path through this mound that was about three feet tall 54 00:02:42,880 --> 00:02:45,639 Speaker 3: and move it around so that she could actually get 55 00:02:45,680 --> 00:02:47,720 Speaker 3: her walker through there and get to her car and 56 00:02:47,760 --> 00:02:48,520 Speaker 3: get off to work. 57 00:02:48,560 --> 00:02:50,120 Speaker 2: And so it was kind of weird. 58 00:02:50,360 --> 00:02:54,680 Speaker 3: But today, or yesterday, rather yesterday afternoon, Hell, it's sixty 59 00:02:54,720 --> 00:02:55,399 Speaker 3: four degrees. 60 00:02:55,800 --> 00:02:56,200 Speaker 2: What is it? 61 00:02:56,280 --> 00:02:59,320 Speaker 3: Five days later? And I'm out on the deck enjoying 62 00:02:59,560 --> 00:03:03,200 Speaker 3: doing some show prep and so on. But I'm looking 63 00:03:03,240 --> 00:03:05,320 Speaker 3: at the forecast. It looks like we're going to be 64 00:03:05,560 --> 00:03:07,720 Speaker 3: back down in the forties for the next couple of days, 65 00:03:07,720 --> 00:03:10,519 Speaker 3: and then I guess by the weekend we could possibly 66 00:03:10,560 --> 00:03:13,760 Speaker 3: be back up into the fifties. But this little tease 67 00:03:13,919 --> 00:03:16,600 Speaker 3: of being up there in their sixty four degrees was 68 00:03:16,680 --> 00:03:20,840 Speaker 3: quite a welcome surprise. But knowing that it's going to 69 00:03:20,840 --> 00:03:23,720 Speaker 3: be back down, as like I said, mother nature still 70 00:03:23,720 --> 00:03:25,919 Speaker 3: a tease after all these years. 71 00:03:25,720 --> 00:03:27,360 Speaker 2: The old girl still has an inner. 72 00:03:28,320 --> 00:03:32,440 Speaker 3: Holidays retail sales came out and they finally reported some 73 00:03:32,560 --> 00:03:35,640 Speaker 3: of that that has been delayed because of the It 74 00:03:35,680 --> 00:03:37,640 Speaker 3: was delayed. I think they said a couple of weeks, 75 00:03:37,920 --> 00:03:41,640 Speaker 3: basically a month after the Schumer shut down. They're calling 76 00:03:41,680 --> 00:03:44,200 Speaker 3: it the forty three day government shutdown, but it's actually 77 00:03:44,200 --> 00:03:46,920 Speaker 3: the Schumer shut down. Shoppers pulled back in the pace 78 00:03:46,960 --> 00:03:50,080 Speaker 3: of their spending in December from November, closing out the 79 00:03:50,120 --> 00:03:54,560 Speaker 3: holiday shopping season and the year on a lackluster tone. 80 00:03:54,800 --> 00:03:57,480 Speaker 3: Now you would think off of that that things would 81 00:03:57,480 --> 00:04:00,840 Speaker 3: not be kind of bleak, but if you recall people 82 00:04:00,880 --> 00:04:03,880 Speaker 3: were talking about in November, there was an awful lot 83 00:04:03,920 --> 00:04:07,160 Speaker 3: of sales right around the Thanksgiving area and leading up 84 00:04:07,200 --> 00:04:09,880 Speaker 3: to Black Friday. I mean, I think I started seeing 85 00:04:09,920 --> 00:04:15,240 Speaker 3: Black Friday sales starting in the end of October, like 86 00:04:15,360 --> 00:04:19,880 Speaker 3: right around the Halloween and so on. And so they 87 00:04:19,960 --> 00:04:24,800 Speaker 3: were looking at the short holiday season between Thanksgiving because 88 00:04:24,880 --> 00:04:27,800 Speaker 3: Thanksgiving was late this year, and that there was only 89 00:04:27,800 --> 00:04:29,760 Speaker 3: going to be what three weeks or so from the 90 00:04:29,800 --> 00:04:34,000 Speaker 3: twenty seventh of if my memory serves me correct, twenty 91 00:04:34,000 --> 00:04:37,359 Speaker 3: seventh of November to twenty fifth, so you know, basically 92 00:04:37,680 --> 00:04:40,320 Speaker 3: about a three week, four week period of time, and 93 00:04:40,440 --> 00:04:42,680 Speaker 3: usually there's like a five week period of time there 94 00:04:42,720 --> 00:04:46,520 Speaker 3: in between Thanksgiving and Christmas. But this year it seemed 95 00:04:46,600 --> 00:04:49,279 Speaker 3: like people were getting out a little bit early, people 96 00:04:49,320 --> 00:04:52,680 Speaker 3: were trying to get some of the bargains. Plus, these 97 00:04:52,720 --> 00:04:58,640 Speaker 3: are retail sales and they're not showing what the online 98 00:04:58,680 --> 00:05:02,600 Speaker 3: stuff was in terms of how those sales went. And 99 00:05:02,640 --> 00:05:06,080 Speaker 3: it seemed to me, and again this is just anecdotal evidence, 100 00:05:06,120 --> 00:05:10,039 Speaker 3: but in my neighborhood and my condo complex, those Amazon 101 00:05:10,080 --> 00:05:13,839 Speaker 3: trucks are in here, and the UPS trucks, we're working 102 00:05:13,960 --> 00:05:19,240 Speaker 3: overtime delivering stuff to the individual doors. And so overall, 103 00:05:19,279 --> 00:05:21,720 Speaker 3: the retail sales may wind up being up or the 104 00:05:21,760 --> 00:05:26,760 Speaker 3: holiday season sales could be up significantly. But as far 105 00:05:26,800 --> 00:05:30,520 Speaker 3: as the brick and mortar stores, that's another thing altogether. 106 00:05:30,680 --> 00:05:34,680 Speaker 3: But anyway, let's go through this story. Report issued by 107 00:05:34,680 --> 00:05:37,680 Speaker 3: the Commerce Department on February and tenth raised questions about 108 00:05:37,760 --> 00:05:41,560 Speaker 3: shopper's ability to spend this year as they worry about 109 00:05:41,600 --> 00:05:45,400 Speaker 3: slowing job market uncertainly around President Donald Trump's tariffs and 110 00:05:45,440 --> 00:05:46,760 Speaker 3: their impact on prices. 111 00:05:47,000 --> 00:05:48,200 Speaker 2: You know, I am. 112 00:05:48,080 --> 00:05:52,159 Speaker 3: Getting so tired of that BS comment being made by 113 00:05:52,240 --> 00:05:55,200 Speaker 3: every one of these news or agencies. 114 00:05:55,320 --> 00:05:58,600 Speaker 2: If you notice, it's almost like they've got this. 115 00:05:58,720 --> 00:06:04,240 Speaker 3: Boiler plate story that's always set up. They've got certain 116 00:06:04,279 --> 00:06:07,040 Speaker 3: paragraphs that are the same, and so all they do 117 00:06:07,120 --> 00:06:10,120 Speaker 3: is just kind of put new paragraphs in between, but 118 00:06:10,160 --> 00:06:12,520 Speaker 3: then leave those paragraphs in there and then go on 119 00:06:12,560 --> 00:06:14,680 Speaker 3: to the next thing. I can't tell you the number 120 00:06:14,720 --> 00:06:18,400 Speaker 3: of times I've seen this thing is saying that how 121 00:06:18,680 --> 00:06:22,279 Speaker 3: report is you? Let me see people can shopper's ability 122 00:06:22,320 --> 00:06:25,320 Speaker 3: to spend this year. They're worried about slow job market, 123 00:06:25,600 --> 00:06:30,280 Speaker 3: which even Lion Jerry Powell says is solid and steady. 124 00:06:30,760 --> 00:06:34,360 Speaker 3: It's a no higher, no fire situation as far as 125 00:06:34,360 --> 00:06:37,680 Speaker 3: the job market is concerned. But apparently the knuckleheads writing 126 00:06:37,720 --> 00:06:40,760 Speaker 3: these stories can't get that through their head. Slowing job 127 00:06:40,800 --> 00:06:44,320 Speaker 3: market is not a slowing job market. Uncertainty around President 128 00:06:44,400 --> 00:06:47,839 Speaker 3: Donald Trump's tariffs and their impact on prices. Even Lion 129 00:06:47,960 --> 00:06:51,200 Speaker 3: Jerry Powell said that the impact of whatever tariffs were 130 00:06:51,200 --> 00:06:53,960 Speaker 3: going to come through have already filtered their way into 131 00:06:54,040 --> 00:06:57,200 Speaker 3: the economy and it was just a one off type 132 00:06:57,240 --> 00:06:59,599 Speaker 3: of thing. You know, you get the tariffs, the impact 133 00:06:59,600 --> 00:07:02,080 Speaker 3: comes in it's one time and then the rest of 134 00:07:02,120 --> 00:07:05,479 Speaker 3: the time, the inflation doesn't go up from that point on. 135 00:07:06,120 --> 00:07:08,839 Speaker 3: And even what we're seeing now, I just saw a 136 00:07:08,880 --> 00:07:12,880 Speaker 3: couple of reports earlier yesterday that we won't have a 137 00:07:12,960 --> 00:07:15,200 Speaker 3: chance to get to today. But where there have been 138 00:07:15,400 --> 00:07:20,320 Speaker 3: two or three of these tariff negotiations, one with Argentina, 139 00:07:20,440 --> 00:07:22,880 Speaker 3: one with Bangladesh, and I think there's a third one 140 00:07:23,200 --> 00:07:26,600 Speaker 3: where even Canada is starting to say they need to 141 00:07:26,640 --> 00:07:32,280 Speaker 3: rethink their tariff policy. So even though the disruptor, Donald 142 00:07:32,320 --> 00:07:34,800 Speaker 3: Trump comes in and says, you know, things the way 143 00:07:34,800 --> 00:07:38,400 Speaker 3: they've been are at a disadvantage to the United States, 144 00:07:38,560 --> 00:07:40,480 Speaker 3: we're going to write that we're going to do some 145 00:07:40,560 --> 00:07:43,480 Speaker 3: reciprocal tariffs on these countries in order to get them 146 00:07:43,520 --> 00:07:44,720 Speaker 3: to the negotiating table. 147 00:07:44,960 --> 00:07:46,080 Speaker 2: It's starting to work. 148 00:07:46,120 --> 00:07:49,560 Speaker 3: It has worked with the European Union and others earlier 149 00:07:49,720 --> 00:07:53,000 Speaker 3: lash or in the middle to late last year. But 150 00:07:53,120 --> 00:07:56,760 Speaker 3: now this year we're starting to see the fruits of that. Argentina, 151 00:07:56,800 --> 00:07:59,000 Speaker 3: which was one of the holdouts in the South America, 152 00:07:59,320 --> 00:08:02,560 Speaker 3: and we're starting in Bangladesh. And I think there was 153 00:08:02,600 --> 00:08:05,160 Speaker 3: some other one. I'll look that up and talk about 154 00:08:05,200 --> 00:08:08,560 Speaker 3: it tomorrow. But the fact that these countries are lowering 155 00:08:08,640 --> 00:08:11,960 Speaker 3: their tariffs on our goods going in there will make 156 00:08:12,000 --> 00:08:16,880 Speaker 3: it good for our companies to sell products into those countries, 157 00:08:17,200 --> 00:08:20,920 Speaker 3: and then it'll be easier for us to Well, it's 158 00:08:20,960 --> 00:08:23,280 Speaker 3: always been easy for them to bring their products into 159 00:08:23,280 --> 00:08:26,800 Speaker 3: the United States, but our people here in the United 160 00:08:26,800 --> 00:08:29,800 Speaker 3: States being able to export into other countries, that will 161 00:08:29,800 --> 00:08:32,959 Speaker 3: build up, which will then lead to more production here, 162 00:08:33,120 --> 00:08:35,360 Speaker 3: which means that there'll have to be more jobs, and 163 00:08:35,400 --> 00:08:38,760 Speaker 3: they'll have to be more transportation, more loads, more volume 164 00:08:38,960 --> 00:08:43,839 Speaker 3: in order to get these products from wherever they're made, manufactured, 165 00:08:43,920 --> 00:08:48,240 Speaker 3: distributed to the coast to the exporting industry. So it's 166 00:08:48,280 --> 00:08:51,480 Speaker 3: good news for the trucking industry. But this crap of 167 00:08:51,679 --> 00:08:54,840 Speaker 3: constantly talking about tariffs and how they're going to impact 168 00:08:54,920 --> 00:08:57,920 Speaker 3: people worried about that. The only reason people are worried 169 00:08:57,960 --> 00:09:00,800 Speaker 3: about that is because the spoon fed gurgitators in the 170 00:09:00,800 --> 00:09:04,000 Speaker 3: mainstream media keep talking about it, they keep harping on it, 171 00:09:04,000 --> 00:09:06,360 Speaker 3: they keep putting the idea in the people's head, when 172 00:09:06,360 --> 00:09:09,240 Speaker 3: in fact, when you look at what the what Even 173 00:09:09,320 --> 00:09:12,960 Speaker 3: lion Jerry Powell, who's no fan of President Donald Trump, 174 00:09:13,160 --> 00:09:16,040 Speaker 3: has said that the stock market is strong, that tariffs. 175 00:09:16,320 --> 00:09:19,240 Speaker 3: He was surprised that they didn't add to inflation the 176 00:09:19,280 --> 00:09:23,120 Speaker 3: way that he anticipated them to, and rather than cover that, 177 00:09:23,679 --> 00:09:26,800 Speaker 3: spoon fedbrigurgitators in the mainstream media decide that they're going 178 00:09:26,840 --> 00:09:29,160 Speaker 3: to ignore what he had to say and just keep 179 00:09:29,200 --> 00:09:33,040 Speaker 3: their common crap of talking down the economy and trying 180 00:09:33,040 --> 00:09:37,080 Speaker 3: to still after all these months trying to manufacture a 181 00:09:37,200 --> 00:09:39,440 Speaker 3: slow down or manufacturer recession. 182 00:09:40,000 --> 00:09:42,320 Speaker 2: Lord only knows they have to live in this country. 183 00:09:42,480 --> 00:09:44,760 Speaker 3: You would think they'd want the country to thrive, But 184 00:09:44,800 --> 00:09:48,199 Speaker 3: then you know you're talking about idiots in the media. 185 00:09:48,280 --> 00:09:53,480 Speaker 3: I'm Kevin Gordon, America's struck in Network seven hundred WLW. 186 00:09:53,360 --> 00:09:53,679 Speaker 4: I do. 187 00:09:53,880 --> 00:09:57,240 Speaker 1: This is the breathing report on America's trucking network. On 188 00:09:57,400 --> 00:09:58,880 Speaker 1: seven hundred WLW. 189 00:10:00,120 --> 00:10:00,840 Speaker 2: Brad is back. 190 00:10:01,000 --> 00:10:04,600 Speaker 5: Ralph Fenway Keslowski Racing announced that Brad Keselowski has been 191 00:10:04,640 --> 00:10:08,199 Speaker 5: clear to return to competition following a broken femur suffered 192 00:10:08,240 --> 00:10:12,199 Speaker 5: December the eighteenth. A successful medical evaluation and on track 193 00:10:12,240 --> 00:10:16,480 Speaker 5: session at Charlotte Motor Speedway February ninth confirmed his readiness 194 00:10:16,520 --> 00:10:20,040 Speaker 5: for the season ahead. Daytona speed Weeks begin Wednesday, with 195 00:10:20,080 --> 00:10:23,040 Speaker 5: the Cup Series practice set for ten am. Eastern time 196 00:10:23,080 --> 00:10:25,840 Speaker 5: and then qualifying for the five hundred starts at eight 197 00:10:26,000 --> 00:10:29,520 Speaker 5: fifteen pm Eastern. Mac Trucks and NASCAR has announced a 198 00:10:29,600 --> 00:10:33,440 Speaker 5: multi year extension of their partnership, continuing the designation of 199 00:10:33,840 --> 00:10:37,360 Speaker 5: Mack as official hauler of NASCAR. As part of the 200 00:10:37,400 --> 00:10:41,600 Speaker 5: expanded agreement, NASCAR has added eleven all new Mac Pioneer 201 00:10:41,720 --> 00:10:45,080 Speaker 5: seventy six inch high roof sleeper models to its fleet, 202 00:10:45,440 --> 00:10:48,840 Speaker 5: with the trucks making their debut during speed Weeks at Daytona. 203 00:10:49,240 --> 00:10:52,440 Speaker 5: Spectrum is headed to NASCAR, debuting as a multi year 204 00:10:52,480 --> 00:10:56,720 Speaker 5: partnership with Spier Motorsports in twenty twenty four NASCAR Cup 205 00:10:56,760 --> 00:11:00,439 Speaker 5: Series Rookie of the Year at candidate Carson Hosovar. Spectrum 206 00:11:00,480 --> 00:11:03,160 Speaker 5: will rev up as the team's primary sponsor for multiple 207 00:11:03,280 --> 00:11:07,040 Speaker 5: NASCAR Cup Series races in twenty twenty six, beginning Sunday 208 00:11:07,280 --> 00:11:10,679 Speaker 5: with the Daytona five hundred. Shell and driver Joey Logano 209 00:11:10,720 --> 00:11:15,240 Speaker 5: are introducing race Day Rewards program for the entire twenty 210 00:11:15,280 --> 00:11:19,440 Speaker 5: twenty six NASCAR Cup Series season. Shell Fuel Rewards members 211 00:11:19,440 --> 00:11:22,400 Speaker 5: will save twenty two cents per gallon on all fuel 212 00:11:22,440 --> 00:11:25,200 Speaker 5: grades when filling up on race day at Shell. The 213 00:11:25,240 --> 00:11:28,160 Speaker 5: program starts with this Sunday's Daytona five hundred. 214 00:11:29,480 --> 00:11:32,840 Speaker 1: This is the briefing report on America's Trucking Network on 215 00:11:33,040 --> 00:11:34,520 Speaker 1: seven hundred WLW. 216 00:11:35,160 --> 00:11:36,679 Speaker 2: Sake Dennison reporting. 217 00:11:36,320 --> 00:11:39,960 Speaker 6: For a there is an affordability crisis. 218 00:11:40,280 --> 00:11:45,199 Speaker 3: I'm Kevin Gordon, Americastrucking Network, seven hundred WLW. Getting back 219 00:11:45,240 --> 00:11:51,160 Speaker 3: to this particular story, holiday retail shopping ends on lock lackluster. Note, 220 00:11:51,920 --> 00:11:54,720 Speaker 3: I just started talking about this comment that has to 221 00:11:54,760 --> 00:11:57,280 Speaker 3: be thrown in there every time you're talking about an 222 00:11:57,320 --> 00:12:02,920 Speaker 3: economic report, unsure the consumers, unsure as they worry about 223 00:12:02,920 --> 00:12:07,319 Speaker 3: the slowing job market and uncertainty around President Donald. It's 224 00:12:07,360 --> 00:12:12,120 Speaker 3: certain that those tariffs are not going to create rapid inflation. 225 00:12:12,520 --> 00:12:15,880 Speaker 3: If you look at the inflation numbers, if you take 226 00:12:15,920 --> 00:12:20,559 Speaker 3: out the salary and wages increases and the various contracts 227 00:12:20,559 --> 00:12:24,600 Speaker 3: that have been have been negotiated over the last couple 228 00:12:24,640 --> 00:12:26,839 Speaker 3: of years, inflation would be down. 229 00:12:27,120 --> 00:12:28,719 Speaker 2: Because we keep getting. 230 00:12:28,520 --> 00:12:31,960 Speaker 3: The reports that the biggest area of inflation is in 231 00:12:32,000 --> 00:12:35,840 Speaker 3: the services industry. That has nothing to do with terriffs. 232 00:12:36,000 --> 00:12:39,200 Speaker 3: It has everything to do with salary. And again, I'm 233 00:12:39,200 --> 00:12:42,080 Speaker 3: not opposed to people making more money. I'm not opposed 234 00:12:42,120 --> 00:12:45,120 Speaker 3: to people getting raises, especially when you have a situation 235 00:12:45,200 --> 00:12:50,319 Speaker 3: where people, you know, especially some of these union contracts. 236 00:12:50,000 --> 00:12:52,880 Speaker 2: That they were to be negotiated. 237 00:12:52,360 --> 00:12:55,720 Speaker 3: Sometime around the end of twenty nineteen into twenty twenty, 238 00:12:56,000 --> 00:13:00,479 Speaker 3: but then with the pandemic, with the pandemic, those negotis 239 00:13:00,480 --> 00:13:03,320 Speaker 3: got pushed off. Then you had the supply chain issues 240 00:13:03,360 --> 00:13:06,200 Speaker 3: in twenty twenty one, and it was not until twenty 241 00:13:06,240 --> 00:13:11,440 Speaker 3: twenty two that these union bosses and the people ahead 242 00:13:11,440 --> 00:13:13,920 Speaker 3: of the union decided that all right, now we need 243 00:13:13,960 --> 00:13:17,559 Speaker 3: to now that the economy is back on a solid 244 00:13:17,559 --> 00:13:20,880 Speaker 3: footing or at least coming back from the pandemic, time 245 00:13:20,920 --> 00:13:24,280 Speaker 3: to renegotiate these contracts. And again, if you've been without 246 00:13:24,320 --> 00:13:27,000 Speaker 3: a pay race since twenty nineteen, twenty twenty twenty one, 247 00:13:27,080 --> 00:13:30,840 Speaker 3: twenty three, and you've been operating without a contract, I 248 00:13:30,880 --> 00:13:34,679 Speaker 3: don't begrudge these people getting an increase, but be honest 249 00:13:34,720 --> 00:13:37,800 Speaker 3: about it. How about being honest with the media and 250 00:13:37,840 --> 00:13:40,840 Speaker 3: the media talking about that. Well, where we are seeing 251 00:13:40,960 --> 00:13:44,800 Speaker 3: some of the increases is the fact that people during 252 00:13:44,920 --> 00:13:49,720 Speaker 3: the Biden administration, where inflation was out of control and 253 00:13:49,840 --> 00:13:52,560 Speaker 3: people and you know, there were stories back then. Let's 254 00:13:52,559 --> 00:13:55,240 Speaker 3: not forget the stories where they were talking about with 255 00:13:55,400 --> 00:13:59,440 Speaker 3: the bidenomics that it was costing the typical household about 256 00:13:59,440 --> 00:14:03,240 Speaker 3: twenty five five hundred dollars a year in additional expense. 257 00:14:03,360 --> 00:14:06,520 Speaker 3: Is because of the inflation. We don't hear that anymore, 258 00:14:06,559 --> 00:14:09,440 Speaker 3: do we, And we always hear we heard about it 259 00:14:09,480 --> 00:14:12,520 Speaker 3: back then, but then it was kind of brushed under 260 00:14:12,520 --> 00:14:15,480 Speaker 3: the rug. But if people are behind twenty five hundred 261 00:14:15,520 --> 00:14:19,560 Speaker 3: dollars a year over the Biden administration twenty one, twenty two, 262 00:14:19,640 --> 00:14:22,880 Speaker 3: twenty three, twenty four, and then these companies decide to 263 00:14:23,120 --> 00:14:27,600 Speaker 3: or these unions decide that they need the new contract 264 00:14:27,920 --> 00:14:29,560 Speaker 3: and they're going to build in and try to make 265 00:14:29,640 --> 00:14:33,120 Speaker 3: up for some of the losses that they had as 266 00:14:33,160 --> 00:14:35,720 Speaker 3: far as their employees were concerned. Of course they're going 267 00:14:35,800 --> 00:14:37,760 Speaker 3: to do stuff like that and try to get their 268 00:14:37,800 --> 00:14:40,680 Speaker 3: employees as much money as they can. And again I 269 00:14:40,760 --> 00:14:44,360 Speaker 3: don't begrudge people doing that, but be honest, where the 270 00:14:44,360 --> 00:14:47,880 Speaker 3: inflation is coming from. If the inflation is having to 271 00:14:47,920 --> 00:14:50,760 Speaker 3: do with goods, talk about it. If the inflation has 272 00:14:50,800 --> 00:14:53,600 Speaker 3: to do with salaries and wages, talk about that also. 273 00:14:54,120 --> 00:14:55,480 Speaker 2: Just be fair. 274 00:14:55,720 --> 00:14:57,520 Speaker 3: But of course, the only place you're going to hear 275 00:14:57,520 --> 00:14:59,760 Speaker 3: that kind of stuff is here on America's truck and 276 00:14:59,800 --> 00:15:03,400 Speaker 3: net retail sales were flat in December from November, when 277 00:15:03,440 --> 00:15:07,360 Speaker 3: businesses were up point six percent. According to the Commerce Department, 278 00:15:07,440 --> 00:15:11,280 Speaker 3: Economists were expected a zero point four percent increase. Well, 279 00:15:11,320 --> 00:15:14,320 Speaker 3: it's still up from what their expectations were. The report 280 00:15:14,400 --> 00:15:16,560 Speaker 3: delayed more than a month because of the forty three 281 00:15:16,640 --> 00:15:20,040 Speaker 3: day Schumer shut down. Now what does that do to 282 00:15:20,120 --> 00:15:22,120 Speaker 3: things in terms of holiday sales? 283 00:15:22,120 --> 00:15:22,920 Speaker 2: What does that do. 284 00:15:22,960 --> 00:15:26,160 Speaker 3: In terms of let's not forget that during the Schumer 285 00:15:26,200 --> 00:15:30,920 Speaker 3: shutdown that the air traffic controllers didn't get a paycheck, 286 00:15:31,200 --> 00:15:33,720 Speaker 3: Our military didn't get a paycheck. 287 00:15:34,160 --> 00:15:36,560 Speaker 2: So how do you think they're going to go out. 288 00:15:36,360 --> 00:15:39,160 Speaker 3: And boost up retail sales if they don't have a 289 00:15:39,160 --> 00:15:42,560 Speaker 3: paycheck coming in? Anybody pointing the finger at Schumer and 290 00:15:42,600 --> 00:15:47,120 Speaker 3: the Democrats for shutting the government down for nothing because 291 00:15:47,440 --> 00:15:51,320 Speaker 3: they wanted subsidies that were supposed to be temporary for 292 00:15:51,400 --> 00:15:54,320 Speaker 3: a couple of years to be extended for another five years. 293 00:15:54,560 --> 00:15:57,560 Speaker 3: I mean, this is the idiocy going on in Washington 294 00:15:57,800 --> 00:16:01,240 Speaker 3: among the Democrats, and the fact that the Schumer shutdown 295 00:16:01,560 --> 00:16:05,720 Speaker 3: cost people a paycheck for forty three days. Of course 296 00:16:05,760 --> 00:16:08,400 Speaker 3: that's going to affect retail sales. That's going to affect 297 00:16:08,400 --> 00:16:10,920 Speaker 3: the Christmas. It's going to affect these people getting back 298 00:16:10,960 --> 00:16:13,800 Speaker 3: on their feet because unemployment's not going to cover what 299 00:16:13,880 --> 00:16:16,640 Speaker 3: their normal paycheck was, and so they're going to be 300 00:16:16,680 --> 00:16:19,200 Speaker 3: trying to catch up with their bills during that period 301 00:16:19,240 --> 00:16:22,720 Speaker 3: of time. Hey, how about being honest with this, How 302 00:16:22,720 --> 00:16:25,680 Speaker 3: about talking about these things as far as the American 303 00:16:25,720 --> 00:16:29,400 Speaker 3: public is concerned, as opposed to just shoving it under 304 00:16:29,440 --> 00:16:31,840 Speaker 3: the rug. But again, that's why we have Americas struck 305 00:16:31,880 --> 00:16:35,960 Speaker 3: a network. Retail sales figures that were not adjusted for inflation, 306 00:16:36,040 --> 00:16:38,720 Speaker 3: showed that many types of businesses, including furniture and home 307 00:16:38,760 --> 00:16:43,600 Speaker 3: furnishing stores, as well as electronics and appliance retailers, posted declines. 308 00:16:44,320 --> 00:16:47,640 Speaker 3: Among the few bright spots building materials and garden stores, 309 00:16:47,800 --> 00:16:51,920 Speaker 3: which had a small sales increase. The snapshot offers only 310 00:16:51,960 --> 00:16:56,080 Speaker 3: a partial look at consumer spending and doesn't include many services, 311 00:16:56,120 --> 00:17:01,040 Speaker 3: including travel and hotel lodges, but the loan service category 312 00:17:01,360 --> 00:17:06,200 Speaker 3: restaurants registered a dip of point one percent. Again, given 313 00:17:06,240 --> 00:17:09,719 Speaker 3: the Schumer shutdown, people not having paychecks in the federal 314 00:17:09,760 --> 00:17:13,960 Speaker 3: government a point one percent, one tenth of one percent, 315 00:17:14,280 --> 00:17:17,680 Speaker 3: that's not a bad thing. Economists will be closely monitoring. 316 00:17:17,680 --> 00:17:20,639 Speaker 3: A slew of economic reports on jobs and prices do 317 00:17:20,760 --> 00:17:25,000 Speaker 3: out later this week. But the economy isn't a confusing place. 318 00:17:25,520 --> 00:17:27,760 Speaker 3: Not if you pay attention, not, if you listen to 319 00:17:27,800 --> 00:17:31,119 Speaker 3: America instruct A network, you'll know exactly where the economy is. 320 00:17:31,400 --> 00:17:35,240 Speaker 3: Growth is robust growth domestic product The nation's output of 321 00:17:35,240 --> 00:17:38,840 Speaker 3: goods and services advanced from July through September at the 322 00:17:39,000 --> 00:17:43,119 Speaker 3: fastest pace in two years. But the job market is lackluster. 323 00:17:43,480 --> 00:17:46,359 Speaker 3: Employers have added just twenty eight thousand jobs in the 324 00:17:46,400 --> 00:17:52,440 Speaker 3: months since December. Now, not massive layoffs, not massive increases. 325 00:17:52,800 --> 00:17:56,160 Speaker 3: So the fact that things are holding steady is a 326 00:17:56,200 --> 00:17:59,720 Speaker 3: good thing. Now, get this, Okay, this is one of 327 00:17:59,720 --> 00:18:02,800 Speaker 3: the things that they throw in here, and they've I've 328 00:18:02,840 --> 00:18:07,080 Speaker 3: seen this mentioned before as if it's we're not supposed 329 00:18:07,119 --> 00:18:09,240 Speaker 3: to know why this happened. 330 00:18:09,960 --> 00:18:12,840 Speaker 2: In the twenty twenty one to twenty twenty three. 331 00:18:12,920 --> 00:18:19,360 Speaker 3: Hiring boom that followed COVID nineteen lockdowns, by contrast, there 332 00:18:19,440 --> 00:18:24,560 Speaker 3: were creating creating four hundred thousand jobs a month. Folks, 333 00:18:25,119 --> 00:18:29,920 Speaker 3: When you shut the economy down, when you shut manufacturing down, 334 00:18:30,280 --> 00:18:34,439 Speaker 3: let's not forget the word in there, lock downs that 335 00:18:34,560 --> 00:18:37,280 Speaker 3: means nobody was going into work. There were a lot 336 00:18:37,320 --> 00:18:39,760 Speaker 3: of there were few. There were some companies they were 337 00:18:39,840 --> 00:18:42,119 Speaker 3: lucky enough to be able to work from home. But 338 00:18:42,200 --> 00:18:44,560 Speaker 3: if you had a manufacturing job, if you had a 339 00:18:44,600 --> 00:18:47,480 Speaker 3: retail job, if you had a restaurant job, if you 340 00:18:47,480 --> 00:18:50,200 Speaker 3: had a place where you have to go to work 341 00:18:50,280 --> 00:18:53,880 Speaker 3: every day, you couldn't. So you were off work during 342 00:18:53,920 --> 00:18:58,960 Speaker 3: that period of time. And to say that once the pandemic, 343 00:18:59,119 --> 00:19:03,399 Speaker 3: the plandemic as I call it, was over all of 344 00:19:03,440 --> 00:19:08,480 Speaker 3: a sudden, a company that had twenty five employees, let's say, 345 00:19:09,080 --> 00:19:12,720 Speaker 3: and then they go out and hire twenty five employees 346 00:19:13,000 --> 00:19:18,960 Speaker 3: after they had laid everybody off, that's creating twenty five jobs. No, 347 00:19:19,520 --> 00:19:23,080 Speaker 3: that's replacing the twenty five jobs that were lost. These 348 00:19:23,119 --> 00:19:27,160 Speaker 3: are backfilling jobs that were replacing the people that were 349 00:19:27,200 --> 00:19:30,560 Speaker 3: all laid off during the pandemic. So to say that 350 00:19:30,600 --> 00:19:35,840 Speaker 3: there were four hundred thousand jobs created, No, there were 351 00:19:35,960 --> 00:19:40,119 Speaker 3: jobs that were left unattended. There were jobs that people 352 00:19:40,160 --> 00:19:43,760 Speaker 3: couldn't go to because the businesses were locked down. Going 353 00:19:44,040 --> 00:19:47,240 Speaker 3: back to work is not the same as creating a job. 354 00:19:47,600 --> 00:19:51,400 Speaker 3: And apparently the spoon fed regurgitators in the mainstream media 355 00:19:51,840 --> 00:19:55,320 Speaker 3: beating spoon fed regurgitators. They're going to take the talking 356 00:19:55,359 --> 00:19:57,879 Speaker 3: points that are handed to them by the people that 357 00:19:57,920 --> 00:20:00,719 Speaker 3: are trying to cover these numbers up, trying to boost 358 00:20:00,800 --> 00:20:03,720 Speaker 3: up the numbers of jobs that were created during the 359 00:20:03,760 --> 00:20:06,840 Speaker 3: Biden administration. They're just going to sit there like, you know, 360 00:20:08,080 --> 00:20:12,040 Speaker 3: like almost like the birds in the nest. The mother 361 00:20:12,119 --> 00:20:15,080 Speaker 3: bird comes in and regurgitates the food into their mouths 362 00:20:15,080 --> 00:20:17,880 Speaker 3: and they just go on with everything. That's the way 363 00:20:17,960 --> 00:20:23,240 Speaker 3: the media operates. They get this stuff from the Democrats, 364 00:20:23,480 --> 00:20:25,840 Speaker 3: and this is all they do is just regurgitate what's 365 00:20:25,880 --> 00:20:29,000 Speaker 3: been told to them. And again, you don't create a 366 00:20:29,119 --> 00:20:34,280 Speaker 3: job by having no jobs and then going back and 367 00:20:34,320 --> 00:20:36,800 Speaker 3: replacing those people when you get back up to work. 368 00:20:37,080 --> 00:20:37,800 Speaker 2: Unbelievable. 369 00:20:38,000 --> 00:20:41,960 Speaker 3: When the agency releases hiring unemployment numbers for January on 370 00:20:42,040 --> 00:20:45,520 Speaker 3: February eleventh, they're expected to show the business, government, agencies, 371 00:20:45,520 --> 00:20:49,560 Speaker 3: and nonprofits add at about eighty thousand jobs last month Modust, 372 00:20:49,720 --> 00:20:52,879 Speaker 3: but up from fifty thousand in December. Analysts will be 373 00:20:52,960 --> 00:20:56,440 Speaker 3: studying consumer price reports and they're to be released later 374 00:20:56,480 --> 00:21:03,240 Speaker 3: on this week. That producer of Consumer Price Index and 375 00:21:03,280 --> 00:21:06,399 Speaker 3: then the CPI Consumer Price Index. Those numbers will be 376 00:21:06,400 --> 00:21:07,720 Speaker 3: coming out later on in the month. 377 00:21:08,000 --> 00:21:09,919 Speaker 2: I'm Kevin. Let's see, we're coming up. 378 00:21:09,960 --> 00:21:12,000 Speaker 3: We're going to be talking about some other things in 379 00:21:12,000 --> 00:21:14,640 Speaker 3: the trucking industry as far as trailer orders is concerned. 380 00:21:14,720 --> 00:21:19,600 Speaker 3: I'm Kevin Gordon, America's Truck and Network seven hundred WLW. 381 00:21:19,680 --> 00:21:27,040 Speaker 6: News Traffic and Weather. News Radio seven hundred WLW, Cincinnati. 382 00:21:27,880 --> 00:21:31,880 Speaker 7: The FDA delivers a major blow to Moderna's new flu 383 00:21:32,000 --> 00:21:36,920 Speaker 7: vaccine with the twelve thirty report. I'm Travis Laird breaking 384 00:21:37,040 --> 00:21:41,240 Speaker 7: Now regulators are refusing to even review the application for 385 00:21:41,440 --> 00:21:45,840 Speaker 7: the company's new mRNA flu shot. The FDA says Moderna's 386 00:21:45,840 --> 00:21:49,080 Speaker 7: clinical trials were inadequate because they did not compare the 387 00:21:49,119 --> 00:21:53,080 Speaker 7: vaccine against the best available shots for seniors. Moderna claims 388 00:21:53,080 --> 00:21:56,440 Speaker 7: the agency had previously approved their trial design and it's 389 00:21:56,480 --> 00:21:58,200 Speaker 7: requesting an urgent meeting. 390 00:21:58,880 --> 00:22:01,639 Speaker 6: Now The Ladies four cast from the Train Heating and 391 00:22:01,680 --> 00:22:06,560 Speaker 6: Cooling Weather Center on News Radio seven hundred WLW. 392 00:22:06,359 --> 00:22:09,960 Speaker 4: Steading for daybreak on Wednesday, We're looking at partly cloudy skies. 393 00:22:10,200 --> 00:22:13,320 Speaker 4: We'll see a morning low of twenty seven our Wednesday, 394 00:22:13,359 --> 00:22:15,359 Speaker 4: then is a mix of sun and clouds and a 395 00:22:15,480 --> 00:22:18,760 Speaker 4: high of just forty and then at night fair skies, 396 00:22:18,800 --> 00:22:21,960 Speaker 4: A low down to twenty four from your severe weather station. 397 00:22:22,400 --> 00:22:27,159 Speaker 4: I'm nine first warning, Chief Meteorologist, Steve Rawleigh, News Radio 398 00:22:27,320 --> 00:22:31,840 Speaker 4: seven hundred WLW right now. Thirty nine degrees at historic 399 00:22:31,920 --> 00:22:35,800 Speaker 4: Lunkin Airport feels more like four degrees. And an update 400 00:22:35,920 --> 00:22:38,040 Speaker 4: for that wreck that we were talking about a half 401 00:22:38,040 --> 00:22:40,800 Speaker 4: an hour ago. No update, Still still a wreck, still 402 00:22:40,800 --> 00:22:43,439 Speaker 4: hasn't been cleared up right. Two lanes still blocked on 403 00:22:43,560 --> 00:22:46,920 Speaker 4: seventy one North beyond Montgomery Road due to a crash. 404 00:22:46,920 --> 00:22:49,639 Speaker 4: It's been that way for about an hour, so you're 405 00:22:49,640 --> 00:22:51,760 Speaker 4: going to want to avoid that if you possibly can. 406 00:22:52,240 --> 00:22:55,800 Speaker 4: Amassive facelift is coming to Newport's riverfront. The City Commission 407 00:22:55,800 --> 00:22:58,960 Speaker 4: has approved an eight point five million dollar overhaul. 408 00:22:58,520 --> 00:23:02,080 Speaker 7: A festival park. The plan replaces the asphalt with green space, 409 00:23:02,160 --> 00:23:05,280 Speaker 7: trees and a splash pad for families. It'll transform the 410 00:23:05,320 --> 00:23:09,119 Speaker 7: area from a heat island into a true park. Amazon's 411 00:23:09,200 --> 00:23:11,800 Speaker 7: Ring is defending a new feature that uses AI to 412 00:23:11,880 --> 00:23:15,119 Speaker 7: track lost dogs. Privacy advocates worry it could lead to 413 00:23:15,160 --> 00:23:19,639 Speaker 7: neighborhood surveillance, but CEO Jamie Simonov says it strictly opt 414 00:23:19,720 --> 00:23:23,240 Speaker 7: in and travel traffic is moving again in downtown Cincinnati. 415 00:23:23,280 --> 00:23:26,240 Speaker 7: Northbound seventy five was shut down for hours yesterday after 416 00:23:26,280 --> 00:23:29,720 Speaker 7: a crash involving several semis spilled fuel near the Brent 417 00:23:29,800 --> 00:23:30,680 Speaker 7: Spence Bridge. 418 00:23:30,720 --> 00:23:31,960 Speaker 2: Now, Lee Mallen, what do. 419 00:23:31,960 --> 00:23:32,480 Speaker 3: You got for us? 420 00:23:32,520 --> 00:23:33,560 Speaker 2: In sports? 421 00:23:33,680 --> 00:23:38,200 Speaker 6: Seven one hundred WLW Sports. 422 00:23:37,400 --> 00:23:41,159 Speaker 8: Women's college basketball U see throttles Arizona seventy seven to 423 00:23:41,240 --> 00:23:43,960 Speaker 8: sixty one, Rad's fall to zero to two, and arbitration 424 00:23:44,359 --> 00:23:47,040 Speaker 8: catcher Tyler Stevenson wins his case for six point eight 425 00:23:47,080 --> 00:23:51,160 Speaker 8: million dollars. Graham Ashcraft won his case earlier for one 426 00:23:51,200 --> 00:23:54,639 Speaker 8: in three quarters million dollars. The first official workouts for 427 00:23:54,800 --> 00:23:58,679 Speaker 8: pitchers and catchers will be Wednesday. Winter Olympics update. The 428 00:23:58,760 --> 00:24:01,680 Speaker 8: United States picked up five medals on Tuesday. They're now 429 00:24:01,680 --> 00:24:04,840 Speaker 8: fourth from the Olympics with seven total medals. Norway leads 430 00:24:04,880 --> 00:24:07,440 Speaker 8: with twelve total and six gold medals. 431 00:24:07,720 --> 00:24:09,119 Speaker 2: Thank you so much, Lee Mawen. 432 00:24:09,200 --> 00:24:11,640 Speaker 7: Lee, We'll be back and now our next update, which 433 00:24:11,640 --> 00:24:14,960 Speaker 7: happens at one o'clock. Breaking news anytime. I'm Travis Laird 434 00:24:15,040 --> 00:24:17,720 Speaker 7: News Radio seven hundred wul W. 435 00:24:17,800 --> 00:24:19,679 Speaker 9: High State and the rest of the country. In the 436 00:24:19,720 --> 00:24:22,720 Speaker 9: Tri State overnight mostly clowney. The low down to twenty seven, 437 00:24:22,920 --> 00:24:25,879 Speaker 9: partly sunny Wednesday and not as warm as Tuesday, the 438 00:24:25,960 --> 00:24:29,920 Speaker 9: high year forty partly sunny, Thursday highs in the upper thirties, sunshine, 439 00:24:29,920 --> 00:24:32,600 Speaker 9: Friday highs in the mid forties, partly sunny, and the 440 00:24:32,640 --> 00:24:36,240 Speaker 9: high year fifty Saturday. Nationally, from California to the Mountain West, 441 00:24:36,280 --> 00:24:39,399 Speaker 9: rain and higher elevation snow will be seen. Meanwhile, wintry 442 00:24:39,440 --> 00:24:41,919 Speaker 9: weather was expected tonight in the interior, Northeast and New 443 00:24:41,920 --> 00:24:45,600 Speaker 9: England from a clipper system. Above average temperatures continuing for 444 00:24:45,720 --> 00:24:47,520 Speaker 9: much of the US through the middle of the week. 445 00:24:50,600 --> 00:24:54,600 Speaker 3: Seven hundred wlw I Kevin Gordon as America's struck in 446 00:24:54,680 --> 00:24:58,080 Speaker 3: network trailer orders in the year. 447 00:24:58,160 --> 00:24:58,639 Speaker 2: This is a. 448 00:25:00,200 --> 00:25:02,320 Speaker 3: That came out towards the end of January first part 449 00:25:02,320 --> 00:25:05,680 Speaker 3: of February, which is kind of interesting. Trailer orders and 450 00:25:05,920 --> 00:25:11,720 Speaker 3: year was sequential jump according to Let's See. According to 451 00:25:12,040 --> 00:25:15,200 Speaker 3: let Me See, US trailer orders in December improved substantially 452 00:25:15,440 --> 00:25:18,520 Speaker 3: from the previous month and also improved from the prior 453 00:25:18,640 --> 00:25:22,960 Speaker 3: year level. According to ACT Research, ACT Research preliminating data 454 00:25:23,000 --> 00:25:27,080 Speaker 3: for December showed five percent year over year increase in 455 00:25:27,200 --> 00:25:32,800 Speaker 3: terms of the number of orders for trailers. Sequentially Jennifer McNeely, 456 00:25:32,880 --> 00:25:37,480 Speaker 3: director of Commercial Vehicle market Research for ACT Research. Sequentially, 457 00:25:37,560 --> 00:25:41,200 Speaker 3: a slight uptick in net orders was expected, as as 458 00:25:41,280 --> 00:25:45,240 Speaker 3: December is usually the second strongest order month of the 459 00:25:45,359 --> 00:25:46,320 Speaker 3: annual cycle. 460 00:25:48,080 --> 00:25:48,600 Speaker 2: Let's see. 461 00:25:48,640 --> 00:25:51,480 Speaker 3: ACT Research data also showed that net orders for the 462 00:25:51,480 --> 00:25:56,200 Speaker 3: fourth quarter was about six percent more trailers than were 463 00:25:56,200 --> 00:26:01,560 Speaker 3: requested in twenty twenty four. Not a bad situation there. 464 00:26:02,400 --> 00:26:07,359 Speaker 3: Let's see December volume also sequential increase from November that 465 00:26:07,680 --> 00:26:10,920 Speaker 3: orders were up and so on. While the better the year, 466 00:26:11,680 --> 00:26:15,080 Speaker 3: While a better year than twenty twenty four, concerns about 467 00:26:15,119 --> 00:26:19,760 Speaker 3: the level of economic activity that drives transportation demand still weak, 468 00:26:19,880 --> 00:26:25,040 Speaker 3: although improving for higher carrier profitability, and uncertainly about future 469 00:26:25,080 --> 00:26:29,639 Speaker 3: government policies remain as challenges to stronger trailer demand in 470 00:26:29,680 --> 00:26:30,360 Speaker 3: the near term. 471 00:26:30,640 --> 00:26:31,760 Speaker 2: McNeely said. 472 00:26:32,200 --> 00:26:34,520 Speaker 3: Western trailers also end of the year with a bump 473 00:26:34,560 --> 00:26:39,200 Speaker 3: in activity. The trailer manufacturer reported that volumes were up 474 00:26:39,560 --> 00:26:43,920 Speaker 3: thirteen percent compared with the prior year after an influx 475 00:26:43,960 --> 00:26:47,479 Speaker 3: of quotes. The company also made some gains on selling 476 00:26:47,760 --> 00:26:52,360 Speaker 3: stocked equipment during the month. Now that's good news because 477 00:26:52,680 --> 00:26:56,879 Speaker 3: people are you know, in the trailer industry, we've been 478 00:26:56,880 --> 00:26:58,800 Speaker 3: hearing over the last couple of years that people have 479 00:26:58,840 --> 00:27:02,359 Speaker 3: been holding onto their trailer a little bit longer, again 480 00:27:02,600 --> 00:27:07,119 Speaker 3: due to interest rates and availability. Let's not forget that 481 00:27:07,240 --> 00:27:11,639 Speaker 3: during the pandemic when manufacturers were closed, a lot of 482 00:27:11,640 --> 00:27:14,160 Speaker 3: these trailers weren't being built, so people had to do 483 00:27:14,359 --> 00:27:17,399 Speaker 3: make do and repair the trailers that they had and 484 00:27:17,480 --> 00:27:19,800 Speaker 3: take more care of them before they go out and 485 00:27:19,840 --> 00:27:22,760 Speaker 3: buy more. Then, with high interest rates the way we've 486 00:27:22,840 --> 00:27:26,760 Speaker 3: experienced them over the last several years, going back to 487 00:27:28,480 --> 00:27:32,760 Speaker 3: in twenty twenty two, when Jerome Powell, Lyon Jerry and 488 00:27:32,800 --> 00:27:39,959 Speaker 3: the FED started raising interest rates eleven times between March 489 00:27:40,080 --> 00:27:44,880 Speaker 3: of twenty twenty two and July of twenty twenty three. 490 00:27:45,160 --> 00:27:47,800 Speaker 3: If memory serves me correct, that has to have an 491 00:27:47,840 --> 00:27:52,640 Speaker 3: impact on people taking into consideration what their purchases are 492 00:27:52,640 --> 00:27:55,560 Speaker 3: going to be, whether or not they are going to 493 00:27:55,640 --> 00:28:02,200 Speaker 3: want to take on that added amount of costs due 494 00:28:02,200 --> 00:28:04,920 Speaker 3: to the interest rates, because then you have to take 495 00:28:04,920 --> 00:28:08,639 Speaker 3: into consideration, Okay, my return on investment, what can I 496 00:28:08,680 --> 00:28:10,840 Speaker 3: make off this trailer? How much am I going to 497 00:28:10,880 --> 00:28:12,879 Speaker 3: have to pay not only for the cost of the trailer, 498 00:28:13,160 --> 00:28:16,840 Speaker 3: but then the cost of the interest rate and the 499 00:28:16,840 --> 00:28:19,639 Speaker 3: interest payments over the period of time in order to 500 00:28:19,680 --> 00:28:22,680 Speaker 3: pay off that particular trailer. So again that all has 501 00:28:22,680 --> 00:28:25,840 Speaker 3: to be taken in consideration. Dan Taylor, director of sales 502 00:28:25,880 --> 00:28:29,199 Speaker 3: at Western. It's coming along much better than it was. 503 00:28:29,600 --> 00:28:32,200 Speaker 3: We're still a little bit below what the normal year 504 00:28:32,200 --> 00:28:37,320 Speaker 3: would be. We still we're still not as good as 505 00:28:37,359 --> 00:28:42,360 Speaker 3: a normal year, but good considering where we were, Considering 506 00:28:42,480 --> 00:28:46,040 Speaker 3: where we've been in order volume, I think where the 507 00:28:46,080 --> 00:28:50,400 Speaker 3: economy has been, there's a lot more optimism. Our customers 508 00:28:50,440 --> 00:28:56,280 Speaker 3: seem to be more optimistic. Now that is a phrase 509 00:28:56,400 --> 00:29:01,640 Speaker 3: that should not be glossed over. They are optimistic because 510 00:29:01,680 --> 00:29:06,840 Speaker 3: their customers are optimistic. Why are their customers optimistic because 511 00:29:06,880 --> 00:29:10,840 Speaker 3: their customers are seeing what volume is starting to creep up, 512 00:29:11,360 --> 00:29:14,440 Speaker 3: how much the economy is growing, and the fact that 513 00:29:14,720 --> 00:29:17,640 Speaker 3: in order to be able to take advantage of that, 514 00:29:18,320 --> 00:29:21,040 Speaker 3: you have to have a trailer in order to put 515 00:29:21,080 --> 00:29:24,400 Speaker 3: the stuff that you're moving, the stuff that the freight 516 00:29:24,760 --> 00:29:27,800 Speaker 3: that has to go onto that or into that trailer 517 00:29:28,080 --> 00:29:30,680 Speaker 3: so it can be moved. And so if the companies 518 00:29:30,720 --> 00:29:33,880 Speaker 3: themselves are optimistic as to what they're seeing down the 519 00:29:33,960 --> 00:29:36,520 Speaker 3: road as far as the amount of freight, the volume, 520 00:29:36,560 --> 00:29:39,520 Speaker 3: et cetera, that's going to be transported. That's a good 521 00:29:39,600 --> 00:29:42,840 Speaker 3: sign and that should not be overlooked. Taylor pointed out 522 00:29:42,880 --> 00:29:46,400 Speaker 3: to pointed to flatbed customers in particular, they have held 523 00:29:46,440 --> 00:29:49,800 Speaker 3: off on getting replacement trailers, but are now reaching the 524 00:29:49,800 --> 00:29:52,000 Speaker 3: point where they no longer can kick the can down 525 00:29:52,080 --> 00:29:55,360 Speaker 3: the road. Taylor expects to see more customers reach that 526 00:29:55,520 --> 00:29:58,800 Speaker 3: point in the year ahead. He also has heard that 527 00:29:58,880 --> 00:30:01,959 Speaker 3: there have been a slight improvement in terms of market 528 00:30:02,080 --> 00:30:06,280 Speaker 3: fundamentals from what we are from what they're telling me, 529 00:30:06,640 --> 00:30:09,920 Speaker 3: rates are starting to stabilize a little bit, Taylor said, 530 00:30:10,320 --> 00:30:14,240 Speaker 3: not anything earth shattering, But then also I think there's 531 00:30:14,280 --> 00:30:17,520 Speaker 3: some COVID hangover out there in the rates that we 532 00:30:17,560 --> 00:30:20,600 Speaker 3: were able to get. Those COVID years were really good 533 00:30:20,640 --> 00:30:23,360 Speaker 3: to trucking, and I wonder if some people still have 534 00:30:23,480 --> 00:30:28,720 Speaker 3: those years in mind, those profit years now from a 535 00:30:28,760 --> 00:30:31,400 Speaker 3: lot of people that I've talked to and from what 536 00:30:31,520 --> 00:30:34,680 Speaker 3: I have heard, when you look at the COVID years, 537 00:30:34,720 --> 00:30:38,960 Speaker 3: the pandemic years, when the volume was there, when the 538 00:30:39,040 --> 00:30:43,120 Speaker 3: necessity was there, freight rates went up substantially during that 539 00:30:43,160 --> 00:30:46,160 Speaker 3: period of time, and people were making a lot of 540 00:30:46,240 --> 00:30:50,880 Speaker 3: profit during that period of time. Once the pandemic ceased 541 00:30:50,920 --> 00:30:54,000 Speaker 3: and kind of wound down and people were coming out 542 00:30:54,000 --> 00:30:58,040 Speaker 3: of that. Freight rates came down, but in some instances 543 00:30:58,200 --> 00:31:01,560 Speaker 3: those freight rates were still ahead of what they were 544 00:31:01,920 --> 00:31:06,080 Speaker 3: prior to the pandemic. So getting bound down to a 545 00:31:06,200 --> 00:31:09,400 Speaker 3: more level thing when you have a higher amount there, 546 00:31:09,720 --> 00:31:12,680 Speaker 3: that always seems to stick in your mind, even though 547 00:31:12,720 --> 00:31:15,600 Speaker 3: that was an anomaly. But if you take a look 548 00:31:15,640 --> 00:31:19,320 Speaker 3: at where the freight rates are now compared to where 549 00:31:19,360 --> 00:31:24,040 Speaker 3: they were before that exponential increase, it may feel a 550 00:31:24,040 --> 00:31:26,480 Speaker 3: little bit better. And that's what he's pointing out in here, 551 00:31:26,840 --> 00:31:29,440 Speaker 3: is the fact that we're getting back down more towards 552 00:31:29,680 --> 00:31:34,480 Speaker 3: normal operations, and with some of the excess capacity out 553 00:31:34,480 --> 00:31:38,920 Speaker 3: there getting out of the market, that will improve the rates. Also, 554 00:31:40,520 --> 00:31:43,600 Speaker 3: he meant again reemphasizing the fact that he says that 555 00:31:43,800 --> 00:31:47,440 Speaker 3: freight rates are starting to stabilize a little bit. Taylor added, 556 00:31:47,520 --> 00:31:51,040 Speaker 3: these customers are essentially holding on for the next big 557 00:31:51,080 --> 00:31:55,680 Speaker 3: freight market upstring, but he expressed doubt over whether that 558 00:31:55,840 --> 00:31:59,400 Speaker 3: is attainable given the pandemic years were historically high. He 559 00:31:59,480 --> 00:32:02,600 Speaker 3: points out, however, the market conditions have not been uniform 560 00:32:02,640 --> 00:32:06,440 Speaker 3: across the board, and that some niche customers are seeing 561 00:32:06,520 --> 00:32:13,600 Speaker 3: more activity again, Continuing his conversation and his comments, We're 562 00:32:13,640 --> 00:32:16,200 Speaker 3: starting to see in some of the niches and the 563 00:32:16,320 --> 00:32:20,560 Speaker 3: niche stuff that we do, there's jobs out for bid, 564 00:32:20,600 --> 00:32:24,000 Speaker 3: Taylor said. Some of the refuse contracts are coming up 565 00:32:24,080 --> 00:32:28,000 Speaker 3: for bid. People seem to be more optimistic about that, 566 00:32:28,640 --> 00:32:31,960 Speaker 3: wanting to get the job, and generally that takes new equipment. 567 00:32:32,280 --> 00:32:35,160 Speaker 3: So that's good news for us and good news for 568 00:32:35,240 --> 00:32:40,840 Speaker 3: the trailer builders. Again, things appear optimism seems to be 569 00:32:40,920 --> 00:32:44,960 Speaker 3: out there. People seem to be thinking in terms of 570 00:32:45,000 --> 00:32:47,920 Speaker 3: the freight rates are turning around, starting to build up 571 00:32:47,960 --> 00:32:51,360 Speaker 3: a little bit, and that we could possibly see sometime 572 00:32:51,480 --> 00:32:54,560 Speaker 3: in twenty twenty six the end of this freight recession. 573 00:32:55,160 --> 00:32:58,480 Speaker 3: This coming out of the SBA Small Business Administration. I 574 00:32:58,560 --> 00:33:03,120 Speaker 3: applaud this one hundred per let's see. Small Business Administration 575 00:33:03,480 --> 00:33:07,000 Speaker 3: said in a policy note that Green card holders won't 576 00:33:07,040 --> 00:33:11,280 Speaker 3: be allowed to apply for SBA loans effective March first. 577 00:33:12,040 --> 00:33:14,640 Speaker 3: I am shocked that they were able to apply for 578 00:33:14,680 --> 00:33:18,720 Speaker 3: the loans in the first place. Green card holders are 579 00:33:19,320 --> 00:33:24,320 Speaker 3: guests in this country. They are not citizens. I've had 580 00:33:24,440 --> 00:33:28,240 Speaker 3: in the past, being a recovering accountant, I had numerous 581 00:33:28,280 --> 00:33:31,360 Speaker 3: times when some of my clients were applying for an 582 00:33:31,520 --> 00:33:36,360 Speaker 3: SBA loan. Sometimes they were very, very difficult, and sometimes 583 00:33:36,480 --> 00:33:39,720 Speaker 3: the amount of paperwork that was necessary to put together 584 00:33:39,960 --> 00:33:42,280 Speaker 3: in order to present to the SBA in order to 585 00:33:42,360 --> 00:33:45,960 Speaker 3: get a loan was a lot and a big endeavor 586 00:33:46,280 --> 00:33:48,440 Speaker 3: only to sit there and wait and wait and wait 587 00:33:48,560 --> 00:33:50,800 Speaker 3: as to whether or not that SBA loan was going 588 00:33:50,880 --> 00:33:53,840 Speaker 3: to be granted. And the fact that they are giving 589 00:33:53,960 --> 00:33:57,960 Speaker 3: any loans to people that aren't citizens of this country 590 00:33:58,360 --> 00:34:02,800 Speaker 3: in deference toizen of this country, that's a shock to me. 591 00:34:02,880 --> 00:34:05,000 Speaker 3: When I read this, and when I saw this story, 592 00:34:05,400 --> 00:34:07,160 Speaker 3: I was pretty shocked by that. We'll pick this up 593 00:34:07,200 --> 00:34:09,080 Speaker 3: and talk a little bit more about that coming up. 594 00:34:09,280 --> 00:34:15,880 Speaker 3: I'm Kevin Gordon, America's Trucking Network seven hundred Wlwright. 595 00:34:15,280 --> 00:34:21,440 Speaker 1: News Radio seven hundred WLW and iHeartRadio Station Guarantee Human 596 00:34:21,880 --> 00:34:23,919 Speaker 1: seven hundred WLW. 597 00:34:23,800 --> 00:34:26,799 Speaker 2: HI Heart Radio, Hay, Cincinnati ten. 598 00:34:33,960 --> 00:34:37,560 Speaker 3: This is America Instructing Networks seven hundred WLW. 599 00:34:37,680 --> 00:34:38,600 Speaker 2: Continue the story. 600 00:34:38,760 --> 00:34:43,000 Speaker 3: SBA says Green card holders will be uneligible for loans. 601 00:34:43,280 --> 00:34:45,280 Speaker 3: By the way, if you miss any of our previous 602 00:34:45,320 --> 00:34:47,520 Speaker 3: segments or any of our says, hit up that iHeartRadio 603 00:34:47,560 --> 00:34:49,520 Speaker 3: app brought to you by our friends at Rush truck 604 00:34:49,600 --> 00:34:55,840 Speaker 3: centers effective March first. Further Titans loan restrictions move is 605 00:34:55,880 --> 00:34:58,480 Speaker 3: the latest buy the SBA as it works to tighten 606 00:34:58,560 --> 00:35:02,120 Speaker 3: loan restrictions and restrict ructure the agency. Last year at 607 00:35:02,120 --> 00:35:05,719 Speaker 3: tighten the requirements that businesses applying for loans must be 608 00:35:05,800 --> 00:35:09,719 Speaker 3: one hundred percent owned by US citizens, US nationals, or 609 00:35:09,800 --> 00:35:14,320 Speaker 3: lawful permanent residents, up from fifty one percent standard. 610 00:35:15,320 --> 00:35:18,680 Speaker 2: How did that get so low? That is unbelievable. 611 00:35:19,840 --> 00:35:20,040 Speaker 4: You know. 612 00:35:20,120 --> 00:35:24,920 Speaker 3: The one thing that even the conservative news outlets don't 613 00:35:24,960 --> 00:35:28,480 Speaker 3: do a good job of is to actually talk about 614 00:35:29,000 --> 00:35:33,000 Speaker 3: what it's like to apply for citizenship, to get a 615 00:35:33,080 --> 00:35:37,439 Speaker 3: green cart, or get into or to be to move 616 00:35:37,520 --> 00:35:40,279 Speaker 3: to a foreign country, all of the hoops that have 617 00:35:40,400 --> 00:35:44,200 Speaker 3: to be gone through in order to get this done. 618 00:35:44,360 --> 00:35:48,040 Speaker 3: Their requirements have to prove to them that you have 619 00:35:48,280 --> 00:35:51,040 Speaker 3: substantial income, that you are not going to be a 620 00:35:51,239 --> 00:35:52,799 Speaker 3: drain on their services. 621 00:35:53,120 --> 00:35:55,800 Speaker 2: You have to prove that you are able to take. 622 00:35:55,600 --> 00:35:57,360 Speaker 3: Care of yourself, that you're not going to rely on 623 00:35:57,400 --> 00:36:01,239 Speaker 3: their welfare programs or any of their other pro other 624 00:36:01,320 --> 00:36:04,440 Speaker 3: than possibly medical. But the fact that you are not 625 00:36:04,600 --> 00:36:08,480 Speaker 3: going to be a drain on their resources, that is 626 00:36:08,520 --> 00:36:11,439 Speaker 3: a big component. It will used to be a big 627 00:36:11,480 --> 00:36:14,040 Speaker 3: component in this country. It used to be in this 628 00:36:14,160 --> 00:36:17,360 Speaker 3: country that you actually had to have a sponsor that 629 00:36:17,719 --> 00:36:20,239 Speaker 3: if you were coming to this country, you had to say, well, 630 00:36:20,360 --> 00:36:23,640 Speaker 3: you know, my aunt, uncle, my brother or somebody lives there, 631 00:36:23,960 --> 00:36:26,399 Speaker 3: and that person had to vouch for you and bring 632 00:36:26,440 --> 00:36:30,040 Speaker 3: you into the country. But this whole business of bringing 633 00:36:30,080 --> 00:36:35,360 Speaker 3: people in and then we're giving them, you know, free rent, 634 00:36:35,440 --> 00:36:40,480 Speaker 3: free lodging, a home, free food, education, medical, et cetera. 635 00:36:41,520 --> 00:36:45,840 Speaker 3: That is absolutely insane. Now, if you've got refugees people 636 00:36:45,880 --> 00:36:49,160 Speaker 3: coming from that are life and death and seeking asylum, 637 00:36:49,239 --> 00:36:51,600 Speaker 3: that's one thing. But these people that come across the 638 00:36:51,640 --> 00:36:54,040 Speaker 3: border and they stand there and they just say, I'm 639 00:36:54,040 --> 00:36:57,879 Speaker 3: seeking asylum based on what should we investigate this now, 640 00:36:58,000 --> 00:36:58,400 Speaker 3: just take. 641 00:36:58,280 --> 00:37:00,359 Speaker 2: My word for it. I fear for my life. Oh, 642 00:37:00,440 --> 00:37:03,440 Speaker 2: come on in. It's absolutely ridiculous. 643 00:37:03,600 --> 00:37:06,920 Speaker 3: And the fact that we are now and then the 644 00:37:06,960 --> 00:37:12,480 Speaker 3: SBA Small Business Administration is giving loans to people, that's insanity. 645 00:37:13,440 --> 00:37:16,120 Speaker 3: You know, with the number of veterans that we have 646 00:37:16,200 --> 00:37:19,400 Speaker 3: in this country that are trying to make a living, 647 00:37:19,760 --> 00:37:21,440 Speaker 3: trying to get off the street, some of them that 648 00:37:21,480 --> 00:37:24,200 Speaker 3: are still on the street are veterans that are living 649 00:37:24,239 --> 00:37:27,120 Speaker 3: in poverty. Why are we reaching out to other people 650 00:37:27,120 --> 00:37:29,440 Speaker 3: when we haven't taken care of our own people first. 651 00:37:29,800 --> 00:37:35,320 Speaker 3: Doesn't doesn't charity begin at home? I mean, come on now, 652 00:37:35,640 --> 00:37:40,000 Speaker 3: it's just absolutely ridiculous. And this story just absolutely shocked 653 00:37:40,040 --> 00:37:42,760 Speaker 3: me that this is going on. In December, it issued 654 00:37:42,960 --> 00:37:46,160 Speaker 3: the SBA issued is issued at policy note that said 655 00:37:46,239 --> 00:37:50,000 Speaker 3: up to fifty five percent of business could be a 656 00:37:50,040 --> 00:37:54,040 Speaker 3: non citizen owned but the current policy rescinds that as 657 00:37:54,080 --> 00:37:58,879 Speaker 3: well as making a lawful permanent residence ineligible too. The 658 00:37:58,920 --> 00:38:01,840 Speaker 3: SBA did not respond to a Career quest for comment. 659 00:38:02,239 --> 00:38:05,160 Speaker 3: Go to a foreign country and even if they let 660 00:38:05,200 --> 00:38:06,919 Speaker 3: you in that country and you say that you're going. 661 00:38:06,840 --> 00:38:09,640 Speaker 2: To be I would, I would. I would be shocked. 662 00:38:09,719 --> 00:38:11,680 Speaker 3: And from what I've read and from what I've seen, 663 00:38:11,920 --> 00:38:14,479 Speaker 3: you apply to them for a small business loan? 664 00:38:14,880 --> 00:38:17,560 Speaker 2: Impossible, unbelievable. 665 00:38:17,840 --> 00:38:20,759 Speaker 3: The SBA doesn't give out direct loans, except that when 666 00:38:20,800 --> 00:38:23,680 Speaker 3: they are related to disasters, but it works with lenders 667 00:38:23,760 --> 00:38:27,040 Speaker 3: to distribute loans to small businesses. The loans typically have 668 00:38:27,160 --> 00:38:31,480 Speaker 3: a better rates than traditional loans. Small business advocacy groups 669 00:38:31,480 --> 00:38:34,200 Speaker 3: of the Small Business Majority said that the move is 670 00:38:34,320 --> 00:38:37,480 Speaker 3: a decision that will limit the growth of small businesses 671 00:38:37,680 --> 00:38:41,280 Speaker 3: and jobs throughout the United States. Well, how about freeing 672 00:38:41,360 --> 00:38:44,360 Speaker 3: up the resources for the American citizens that are applying 673 00:38:44,360 --> 00:38:47,279 Speaker 3: for these loans. How about doing something in terms of 674 00:38:47,280 --> 00:38:52,520 Speaker 3: a program to possibly educate, move, or or train people 675 00:38:52,800 --> 00:38:56,160 Speaker 3: to start their own business to that they can, as 676 00:38:56,239 --> 00:39:02,160 Speaker 3: citizens apply for these loans. Unbelievable decisions by SBA fails 677 00:39:02,160 --> 00:39:05,600 Speaker 3: to recognize that the immigrants are twice as likely to 678 00:39:05,080 --> 00:39:09,600 Speaker 3: start a business as native born Americans, says Small Business 679 00:39:09,600 --> 00:39:15,279 Speaker 3: Majority CEO John Arson Meyer. Really, I wonder about that 680 00:39:15,640 --> 00:39:18,600 Speaker 3: based on what based on what statistics are you are 681 00:39:18,640 --> 00:39:20,000 Speaker 3: you basing that on? 682 00:39:21,880 --> 00:39:22,840 Speaker 2: Or maybe the. 683 00:39:26,480 --> 00:39:30,399 Speaker 3: Immigrants are twice as likely because there are people at 684 00:39:30,480 --> 00:39:34,239 Speaker 3: agencies that are saying, hey, you can apply for this. Hey, 685 00:39:34,480 --> 00:39:36,840 Speaker 3: let me take you by the hand and show you 686 00:39:36,880 --> 00:39:39,400 Speaker 3: how to fill out this paperwork, or let's take you 687 00:39:39,480 --> 00:39:42,080 Speaker 3: over here and show you how you can apply for 688 00:39:42,160 --> 00:39:46,000 Speaker 3: this grant or apply for this. A lot of cases, 689 00:39:46,120 --> 00:39:48,399 Speaker 3: these people are led around by the hand and are 690 00:39:48,520 --> 00:39:51,440 Speaker 3: shown how to do these things. How about doing that 691 00:39:51,520 --> 00:39:54,799 Speaker 3: with American citizens and leading them by the hand and 692 00:39:54,880 --> 00:39:58,000 Speaker 3: show them how to and see how many people open businesses, etc. 693 00:39:58,840 --> 00:40:02,000 Speaker 3: The SBA sers restrictions will have a negative impact on 694 00:40:02,040 --> 00:40:05,279 Speaker 3: small business creation throughout this country for years to come. 695 00:40:05,680 --> 00:40:08,879 Speaker 2: I doubt it. If you push your resources. 696 00:40:08,320 --> 00:40:10,719 Speaker 3: In the right direction and do the same thing that 697 00:40:10,800 --> 00:40:14,799 Speaker 3: you do for immigrants into this country and showing them 698 00:40:15,040 --> 00:40:18,000 Speaker 3: and leading the way for them and showing them how 699 00:40:18,080 --> 00:40:21,200 Speaker 3: to take advantage of all the loopholes, if you did 700 00:40:21,200 --> 00:40:24,040 Speaker 3: that with the citizens, how much more productive that would be. 701 00:40:24,520 --> 00:40:28,520 Speaker 3: I'm not buying this crap that I'm throwing the BS 702 00:40:28,560 --> 00:40:31,400 Speaker 3: flag on that. I'm putting my stripe, my black and 703 00:40:31,400 --> 00:40:34,520 Speaker 3: white striped shirt on. I'm throwing the BS flag on 704 00:40:34,560 --> 00:40:40,120 Speaker 3: that comment. Let's see. Truck parking is to officially receive 705 00:40:40,160 --> 00:40:43,120 Speaker 3: two hundred million dollars as shut down. You know this 706 00:40:43,200 --> 00:40:47,680 Speaker 3: is back February the third Congress and President Trump approved 707 00:40:47,760 --> 00:40:51,480 Speaker 3: fiscal twenty twenty six funding on February February third that 708 00:40:51,560 --> 00:40:56,160 Speaker 3: provides two hundred million dollars to expand truck parking nationwide. 709 00:40:56,840 --> 00:41:01,080 Speaker 3: American Transportation Association says that the new funding and chronic 710 00:41:01,160 --> 00:41:04,839 Speaker 3: shortages that force drivers to struggle for safe rest locations 711 00:41:05,120 --> 00:41:09,680 Speaker 3: and create hazardous hazards for motorists. DOT officials are planning 712 00:41:09,680 --> 00:41:13,560 Speaker 3: to meet soon to explore additional truck parking improvements as 713 00:41:13,600 --> 00:41:18,000 Speaker 3: lawmakers continue to broaden broader debates over federal spending. 714 00:41:18,920 --> 00:41:20,480 Speaker 2: There are a number of. 715 00:41:20,080 --> 00:41:24,480 Speaker 3: These truck stops that are looking to expand their areas 716 00:41:24,520 --> 00:41:27,600 Speaker 3: in terms of what they're doing as far as having 717 00:41:27,640 --> 00:41:31,440 Speaker 3: truck parking on their property, and that will go a 718 00:41:31,480 --> 00:41:35,279 Speaker 3: long way two hundred million dollars in order to do that. 719 00:41:36,160 --> 00:41:38,239 Speaker 3: This is long overdue. This has been one of those 720 00:41:38,280 --> 00:41:41,439 Speaker 3: things that I've heard talked about on this program over 721 00:41:41,480 --> 00:41:44,920 Speaker 3: the last thirty years. Going back to Truck and Bozo 722 00:41:45,040 --> 00:41:48,400 Speaker 3: for crying out loud, the fact that truck parking has 723 00:41:48,440 --> 00:41:53,200 Speaker 3: always been an issue and that finally, after all these years, 724 00:41:53,320 --> 00:41:55,160 Speaker 3: people are starting to finally. 725 00:41:54,760 --> 00:41:55,880 Speaker 2: Address the situation. 726 00:41:56,360 --> 00:41:58,600 Speaker 3: Let's take a quick look at oil and gas prices, 727 00:41:58,640 --> 00:42:01,799 Speaker 3: because that has been very volatile over the last couple 728 00:42:01,880 --> 00:42:04,239 Speaker 3: of weeks, and as a matter of fact, with the 729 00:42:04,360 --> 00:42:07,719 Speaker 3: tensions over in Iran, we had that story yesterday where 730 00:42:07,719 --> 00:42:10,840 Speaker 3: it was talking about that the US government is trying 731 00:42:10,880 --> 00:42:14,040 Speaker 3: to persuade some of the companies to. 732 00:42:17,160 --> 00:42:19,200 Speaker 2: The shipping firms to stay away. 733 00:42:19,560 --> 00:42:22,200 Speaker 3: As you go through the straits of the Strait of Hormuz, 734 00:42:22,600 --> 00:42:26,080 Speaker 3: on one side you have the country of Oman Oman 735 00:42:26,320 --> 00:42:29,160 Speaker 3: and then the other side Iran. They're telling people to 736 00:42:29,200 --> 00:42:33,399 Speaker 3: go through that area closer to Oman rather than over 737 00:42:33,440 --> 00:42:40,080 Speaker 3: to Iran because that's that choke point in the Red Sea. 738 00:42:40,120 --> 00:42:43,160 Speaker 3: I guess keep thinking Black Sea. I don't know why 739 00:42:43,520 --> 00:42:47,359 Speaker 3: I'm thinking Black instead of Red the Red Sea, that 740 00:42:47,480 --> 00:42:50,120 Speaker 3: narrow strait there where it comes down to a choke 741 00:42:50,200 --> 00:42:53,840 Speaker 3: point going into the Indian Ocean. That's been an area 742 00:42:53,880 --> 00:42:59,800 Speaker 3: where Iran has been wreaking havoc. The Uti rebels have 743 00:42:59,880 --> 00:43:04,319 Speaker 3: been and attacking ships. And what surprises me about that 744 00:43:04,520 --> 00:43:08,640 Speaker 3: now is that we have a major volume of fleet 745 00:43:08,760 --> 00:43:13,120 Speaker 3: in that area. I can't see why that isn't being 746 00:43:13,160 --> 00:43:16,400 Speaker 3: protected and making sure that that's not a problem. 747 00:43:16,680 --> 00:43:21,240 Speaker 2: But again, that's that's what's going on anyway. 748 00:43:22,200 --> 00:43:25,839 Speaker 3: Oil prices steady as Iran US tensions in US data 749 00:43:25,920 --> 00:43:31,040 Speaker 3: eyde the market awaits news on Iran, Russia, US economy 750 00:43:31,280 --> 00:43:35,600 Speaker 3: and US oil inventories. Iran and US tensions impact oil 751 00:43:35,640 --> 00:43:40,040 Speaker 3: supply risk straight off Hermu's crucial. Every time there is 752 00:43:40,120 --> 00:43:43,839 Speaker 3: a ramping up or concern about whether or not there's 753 00:43:43,880 --> 00:43:47,560 Speaker 3: going to be negotiation between Iran, they start attacking ships 754 00:43:47,760 --> 00:43:50,719 Speaker 3: or threatening to attack ships in that area. Something like 755 00:43:51,239 --> 00:43:55,560 Speaker 3: what is it twenty five percent of oil flows through 756 00:43:55,600 --> 00:43:58,120 Speaker 3: that area. It's the main shipping route for some of 757 00:43:58,160 --> 00:44:01,480 Speaker 3: these Middle Eastern countries, and so the fact that that 758 00:44:01,640 --> 00:44:05,440 Speaker 3: strait is open and not subject to any type of 759 00:44:05,480 --> 00:44:07,520 Speaker 3: attack is extremely important. 760 00:44:07,640 --> 00:44:10,000 Speaker 2: So let's hope that that stays. 761 00:44:10,920 --> 00:44:15,920 Speaker 3: European Union proposes sanctions on Russian oil ports in Georgia 762 00:44:16,200 --> 00:44:21,719 Speaker 3: and Indonesia again. Finally, the European Union who said that 763 00:44:21,760 --> 00:44:25,920 Speaker 3: they don't like the fact that Russia invaded Ukraine. Apparently 764 00:44:26,280 --> 00:44:29,160 Speaker 3: they are starting to ramp up some of their sanctions 765 00:44:29,200 --> 00:44:32,799 Speaker 3: on Iran or on Russia where they should. I mean, 766 00:44:32,880 --> 00:44:35,600 Speaker 3: what's taken them so long from twenty twenty two to 767 00:44:35,680 --> 00:44:39,160 Speaker 3: twenty twenty six. I mean, how long does it take 768 00:44:39,200 --> 00:44:42,360 Speaker 3: you to put sanctions on a country that you're angry 769 00:44:42,440 --> 00:44:46,080 Speaker 3: with or are trying to hurt as far as they're 770 00:44:46,160 --> 00:44:51,160 Speaker 3: attacking another European country. Well, folks, we're up against clock here. 771 00:44:52,040 --> 00:44:54,640 Speaker 3: Stay tuned for EDI Radio Top of the Hour. I'm 772 00:44:54,719 --> 00:44:59,719 Speaker 3: Kevin Gordon, America Struck in Network seven hundred WLW. 773 00:45:00,000 --> 00:45:06,880 Speaker 6: News Traffic and Weather News Radio seven hundred WLW Cincinnati. 774 00:45:08,040 --> 00:45:11,680 Speaker 8: A possible break in the Pima County disappearance case. If 775 00:45:11,719 --> 00:45:14,960 Speaker 8: your Top of the Hour report I'm Ley mawin Breaking Now.