America's Truckin' NetworkKevin covers and discusses the following stories: payroll processing firm, ADP released their May Private Sector Jobs report; the U.S. Commerce Department's Census Bureau reported April New Factory Orders; both Americas Commercial Transportation Research Co. (ACT) and J.D. Power reported April Used Class 8 Truck Sales; both ACT and Freight Transportation Research Associates Transportation Intelligence (FTR) released preliminary April U.S. Trailer Orders data; the Institute for Supply Management (ISM)released their May Services Purchasing Managers' Index, which covers 18 services industries; Oil Companies are scrambling to secure giant tankers to ensure capacity to transport oil; the U.S. Military is providing information and guidance on how to pass through the Strait of Hormuz; oil prices react to an increase in hostilities in the Middle East, little progress in peace talks between the U.S. and Iran and U.S. crude oil inventory data; Kevin has the details, digs into the data, puts the information into historical perspective, offers his insights and opinions.
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