America's Truckin' Network 1-23-25

America's Truckin' Network

The Trump peace dividend begins. President Trump threatened to impose "high levels" of sanctions on Russia and tariffs on imports from them if the country does not reach a settlement to end its war with Ukraine; Kevin has the details of the message and offers his insights. Oil tanker rates soar on Biden sanctions issued less than two weeks before he left office. Iranian oil sanctions will affect Malaysian exports; what? Kevin has the details. A new controversy involves Biden's Energy Secretary Jennifer Granholm and Green Energy loans. American Trucking Associations released the December For-Hire Truck Tonnage Index; Kevin has the details. Kevin explains why Stellantis has decided to move Canadian production to the U.S.. Oil reacts to falling U.S. crude and distillate inventories, gasoline inventories rise, Trump's discussion with Saudi Arabia to cut oil costs and concerns over tariffs dampening global demand.