Reckless Provocations w/Scott Horton

February Net Trailer Orders Down 43% As Bookings Fall 26% Preliminary February net trailer orders fell by about 10,000 units from January’s 23,300, a 43% month-over-month decline, according to TheTrucker.com. “Sequentially, a drop in net orders was expected, as the industry transitions from the strongest to the weakest order months of the annual cycle,” said Jennifer McNealy, director CV market research & publications at ACT Research. “Trailer makers now will begin to take fewer orders and start to work down the backlog that grew during the peak of order season at the...

The US has launched three more airstrikes in Somalia, according to press releases put out by US Africa Command, as the Trump administration continues its record-shattering bombing campaign in the country with virtually no US media coverage. AFRICOM said one strike launched on February 14 targeted al-Shabaab about 90 miles to the south of the […]

Oil Prices Hold Gains As Gasoline Stocks Hit 12 Year Lows, Cushing 'Tank Bottoms' Loom Brent crude prices are rising back toward $100 per barrel this morning following the latest flare-up in fighting to threaten the U.S.-Iran ceasefire Prices rose after the U.S. military said Iran fired missiles toward Kuwait and Bahrain, which failed to hit their targets. The United States said it then struck an Iranian military ground control station on an island in the Strait of Hormuz.   API: Crude: -6.8MM Cushing: -279k Gasoline: +3.5M Distillate: -214k DOE: Crude: -7.97mm - biggest draw since Feb Cushing: -583k Gasoline: +3.36mm -...