Full roads mean empty wallet

August 28, 2019

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LLN (8/28/19) – Congestion is getting worse, and a recent report says that congestion is costing truckers more than their fair share. Also, while most truckers faced with a dirty truck just wash it, Arnulfo Gonzalez turns it into art. Plus, freight market capacity continues to grow faster than demand. And a huge draw on stockpiles sent oil prices higher, while diesel prices were down for the seventh straight week.

0:00-10:10 – Newscast.

10:10-24:59 – Dirt becomes art.

24:59 -39:14 – Freight capacity and demand; oil prices rise while diesel falls.

39:14-49:06 – Congestion is costing truckers more.

Segment 1

Newscast

Segment 2

While most truckers faced with a dirty truck just wash it and move on, OOIDA member Arnulfo Gonzalez makes his dirt into art – and has gotten quite a bit of attention for it. Terry Scruton has the story.

Segment 3

We’re seeing more typical fluctuations in the freight market as capacity continues to grow faster than demand. Mary McKenna talks with Peggy Dorf of DAT, a company that provides market information for owner-operators, carriers, brokers and shippers.

A huge draw on stockpiles sent oil prices higher by $1 this morning. Plus, diesel prices were down Monday for the seventh straight week. MaryMcKenna offers a detailed update on the price of diesel fuel and crude oil, including a break down by region and analysis.

Segment 4

Highway congestion is getting worse across the country, and a recent report says that congestion is costing truckers more than their fair share. Mark Reddig discusses the problem and what our leaders are doing – or not doing – about it with Collin Long and Bryce Mongeon of OOIDA’s Washington, D.C., office.