11-20-25 America's Truckin' Network

show and how wide range of knowledge we have. You pull it out of the refri what is it every day for every four pounds of turkey? And so again you just have to back that off. Now, once the turkey is thawed, it can stay in the refrigerator for up the four days. So if it thaws out earlier than you know, the day of Thanksgiving or that Wednesday, or whenever you're going to prepare the meal, it will be good for four days in the refrigerator. So again,

happy thaw a day, and thank you. You're welcome from America's Truck and Network. Got some interesting information here on the housing alarm. There's a well they're calling it a housing alarm. I would say it's just a kind of a blip on the radar screen. Housing alarm. As half of US homes fall in value, biggest drop since the Great Recession. Home values are falling for more than half of America, the biggest shares since the country was last

clawing its way out of the Great Recession. Now, based on that headline, and based on that first sentence, you would think, oh my god, this guy's falling and housing market is going to hell in a handbasket. Things are not working out the way they should. However, we'll get into that here. New data from Zillo shows that fifty three percent of US homes have lost value over the past year, the highest level since twenty twelve, when the

housing crash finally hit bottom. National market looks flat on paper, but the average masks huge differences in regions, cities, and even neighborhoods. Price have been slipping in much of the South and the West as more homes in the market and buyers stay on the sidelines.

fast these homes were rising. There were areas in the country where we were seeing fifteen sixteen percent increases in home values just in a one year period of time. And at some point in time you get to the point where that has to kind of pull back a little bit and get back to some sort of normalization.

And this is what it is. But the fifty three percent number has to do with some of the locations when you talk about some of the more populous parts of the country and some of the country, some of the cities within these particular states where people were flocking to because during the whole you know, again getting back to the pandemic, when people realize that they can work from home, or we saw stories about people who just said, well, you know what, I don't you know if i'm you know,

if I'm in the Midwest or I'm up north or something like that, if I'm doing remote shoot, I could be down in Florida, I can be in the Bahamas, I can be wherever it is. And so I'll rent a place down there or buy a place down there. Then they had a little conundrum once this company said you know what, this ain't working. We're going to bring people back in the office. And they're saying, well, wait a minute, I've already moved down here. Well that's not

the company's problem, that's your problem. And so anyway, with people moving to these you know, hotspots and stuff, of course, when you have an influx of people, when you have a limited supply, those prices are going to go up. When you look at and here on the map, it looks like well, Portland, San Francisco, Sacramento, Las Vegas, Phoenix, Denver, Dallas, San Antonio, Austin, Tampa, Jacksonville and Orlando.

But when you look at individual neighborhoods, when you look at areas like my area, here, my area, and there here in Greater since Northern Kentucky area, our prices are

pretty stable. As a matter of fact, during the plant or during the housing crisis back in twenty two thousand and eight two thousand and nine, we did see in certain areas about a forty percent decrease in the value of homes as a result of that housing crisis, But there were certain neighborhoods where that wasn't even affected at all.

There's a couple of neighborhoods in Northern Kentucky near me which basically saw no decrease in terms of the value, but again it depends on the individual pocket of the area and so on. Now Tampa is seeing one of the sharpest reversals in Florida, with over eighty percent of the homes now worth less than a year ago. The city's rapid run up in prices has given way to steep corrections across much of the metro area. According to Trey men Hurtz, senior economic researcher at Zillo, says, the

downturn is a normalization, not a crash. Now we have to get to that phrase, a normalization instead of a crash. On the second page of the story, I mean, if you just look at the headline, and again this gets back to a lot of the stuff that I've been talking about. If you're the type of person that are just looking at the headlines, if you're a younger person, which they ought with a lot of the younger people do.

seven thousand dollars. So if it comes down a little bit in value of five percent, six percent, they'reabout range. You're still well above that one. You know, a sixty percent range increase in the terms as far as your house is concerned. Nationally, a median gain since a home was last sold to sixty seven percent. Mentioned that overall, very few Americans are in the home worse than what

they less than what they paid for. Only four point one percent of the US homes are now valued below their last sale price, a smaller share than before the pandemic. Even among new listings, just three point four percent are priced below.

And there was a year in which one couple that was living there, their son bought a home down in I think it was North Carolina and built on an in law suite or an area for them to live, and so they said, hey, mom and dad, come down here and live with us. They price their condo at a fire sale, which was they had been in that unit for about twelve years. They priced it at what

they had paid for it then. So when they sold that like right away, that pretty much, you know, in terms of your comps, dropped the value of a lot of the homes around the area. In the area, person next door in a condo. He and his wife got married. They had been talking in terms of and this all happened in one year. This is probably about well, probably about ten years ago. But these are some of the things you have to look into the individual numbers to

see where they are actually at. So the couple got married, they were talking about moving and they said, well, we're going to be very slow about doing that. We want to find the right house. We're not going to buy a house and then have to sell our house or sell the condo here in order to move in. Well, as it turned out, they found a home that they loved, and they had been looking for about a year year and a half. They found a home that they loved,

they went ahead and bought it. And then their condo they actually sold it for a a little bit right around what they had paid for it, like six seven, eight years before that. So when you have some of these type of situations going in there, that will affect the overall price and may may give some of the reason why some of these homes are on the market. Three point four percent of the houses are less than what they paid for. Coming on, we'll talk a little

bit more about this. I'm Kevin Gordon, America's Trucking Network seven hundred WLW.

his position atop the leader board. With three races remaining in the f one season, Norris's tally stands at one hundred and ninety, giving him a twenty four point advantage over his McLaren teammate Oscar Pastre, while Red Bulls Max or Staffen stands third, forty nine points behind.

The Market Seeing, and we talked about in the previous segment, as we ended up there even among new listings just three point four percent our price below, with the seller originally paid roughly half the rate scene in twenty nineteen, Market Seeing the most listings priced below previously sale prices were ones that surged fastest during the plandemic I mean pandemic, including San Francisco, Austin, and San Jose. But in many metros across the Northeast, Midwest and Great Lakes region, less

then two percent of sellers are taking a loss. So again, kind of a more of a stable area and an area that is not necessarily subject to the large fluctuations up or large fluctuations down.

on where you want to go. If you want to go into a high area where the market is on fire, you're also going to be suffering when you come back and those prices drop.

Texas Capital was one of the nation's fastest growing metros during the pandemic, but is now wrestling with oversupply and falling buyer demand surgeon. The surgeon sales signs haven't brought buyers back, and prices are now dropping in most of the country again, getting back to a normalization, not a panic, not the bottom dropping out of the market. It's just things, you know, things off in the stratosphere, just kind of coming back down to earth a little bit. So nothing

to be a panic's about. But I saw the story, and I'm sure people are going to be talking about that and spoon Federick urgitators in mainstream media will run with that and try to make ky out of it.

to try to go on a couple of websites. And you know, when I don't know about you, but me, when I go to a website and all of a sudden, they're saying, well, you know you've got to do this, you got to do that because or you've got to verify there to your hum And I'm thinking, wait a minute, I'm going to this website every day now for the last year. Why are they suddenly now asking if I'm a human or whatever, what the hell is going on?

You know, you get out of the website, and you go back in and you get some other weird message, and I keep thinking, what am I doing wrong?

It said that it was continuing to monitor the situation, and then it still had reports of intermittent errors. I'm telling you what, at nine o'clock nine thirty, the websites, that's when I discovered that the stuff was down. Because I was looking at some other things and looking at some of the stores hadn't gotten to the previous day try to determine what I was going to do as far.

glitch in their system, if they were hacked. Certainly they don't want to admit to being hacked, because if they're providing services to companies to make sure that their flow is even, you certainly don't want to know that you're You certainly don't want your customers to know that your company was hacked, which means that they could probably get in there and hack these other companies through the portal

that you're opening. As far as some of the services you're providing, So I guess we'll see one of these days how that shook out. Multiple online services appeared to have been affected by the issue at cloud Flare, including Spotify, Amazon, Open Ai. According to down Detector and Online Outage Tractor Tractor Tracker, the outage is a reminder that certain companies have an outsized role in making the global Internet work.

Last month, Amazon Web Services experienced problems with its service, disrupting a wide range of online services for hours.

Flare outages in the span of a month. That's a very large portion of the biggest cloud providers in the world. It's not been the case that we have had seen major outages like this in a short period of time. He said, companies have had outages before, but they tend to be pretty rare. These companies are supposed to be really, really good at keeping things up. And so with these different companies being hit, you know, when one has a problem, you can call it maybe a glitch.

of these things. And again the old story of you don't, you know, click on an email that you're not familiar with, you don't answer text that you're not familiar with, and so on. Timothy Edgar, a computer science professor at Brown

and an expert on cybersecurity. Cloud Flare is an essential company, providing services to a fifth of the Internet and handling literally trillions of requests every day, said the outage was another alarming example of how dependent we have become on critical internet infrastructure and how little the government and of course, got to blame the government, the government, how little they're doing to stop this. Well, if you're a private company and you don't want I mean, what do you want

government intervention? You want them sitting in your office and overseeing everything you do, everything's got to be blamed on the government when it's the individual companies themselves that are handling these procedures. So this is just a scapegoat, I think, as far as this professor is concerned.

State inspectors found the jail compliant in August, but the population has since risen to more than one thousand inmates in a facility built for under nine hundred. Now, Lee Mallen, let's talk about sports.

assessive rainfall existing for south central Texas. Heavy rain on tap for southern California Thursday and Friday over the next few days. Higher elevation snow in the Mountain West being seen above average and in some areas record warm temperatures expected Thursday and Friday in the southeast.

it's an evolving story. The FMCSA back on what was it September the twenty ninth, put through this order trying to tighten up these non domiciled CDLs and telling these states that they need to review the process because of what we were experiencing as far as the accident with the illegal alien down there who had, you know, a CDO license but was not had no English language abilities and so when you're talking about the English Language proficiency exam, he should not have been able to get a CDL,

but he was down in Florida, he was from California, caused that accident down there, doing an illegal U turn

by the way, killing three people. Then last month we had that fellow that was driving down the freeway in California and was on drugs or intoxicated or under the influence, didn't stop, didn't break, just plowed into the back end of these cars called a caused a fiery crash there on the freeway, and he too had no English language proficiency or could identify signs, couldn't even communicate with the officers investigating that particular accident. Fortunately there was a you know,

a dashboard camp that caught all of it. And so in the wake of that, trying to you know, going back to April, realizing that for years the truckings associations had been talking about the dumping of or the CDLs being issued to a numerous illegal aliens and ones that were not had the English language proficiency or coming out of some of these cd mills where they actually weren't even getting the training necessary but they were out on the road. This has been you know, this has been

talked about for a number of years. Well, in April, Trump put through the executive order that needed to tighten this up. Sean Duffy came out with an order that by June the twenty fifth, that this implementation should go into effect, that FMCSA should now start using the English language proficiency the lack thereof as a reason to put somebody out of service, and in order to tighten these

non domiciled CDL licenses that have been granted. Then we had the accidents in August and so on, and so they put forth this mandate that, okay, as of September the twenty ninth, you need to start reviewing all of your services and with your individual licensing bureaus. And if you don't comply, we're going to start with holding highway

funds and whatever from these organizations. And so again, when you're looking at accidents happening, people getting killed on the highways and so on, they go ahead and put forth this mandate or this regulation and said that, you know, we need to implement this. Well, the story here court blocks new rule limiting which immigrants can get CDLs, and then we see this story here why in appeals court

pause FMCSA's non domiciled CDL order. However, going back even before this was done, actually this was done on the same day that the appellate court. There's a story coming from the American Transportation Associations and Commercial Vehicle Training Association in their perspective an editorial, it says safety requires rooting out CDL mills Trump administration dot our right to go

after dangerous truck driving training schools. So anyway, going to the Appeals and says why the Appeals Court paused the FMCSA's non domicild CDL order, Judges say the agency skipped

required steps lacked safety evidence going through this. It says, the Federal Appeals Court on November thirteenth blocked a new Federal Motor Carrier Safety Administration rule that would sharply restrict state's ability to issue or renew commercial driver's license to drivers who live and operate commercial vehicles in the US

but are officially domiciled elsewhere. The decision paused the rule that while the legal challenge moves forward, Okay, you have a situation where somebody is operating a semi eighty thousand pound vehicle in the United States, but they don't live here, they are not domiciled in the United States. So first of all, how do they apply for these licenses? Is it a situation where they are providing a service that

nobody else can? You know, you get back to this whole H one B visus where you have certain industries where we don't have the people with the necessary expertise to do these jobs. So they granted these specific visas for people to come in and work in these industries. And as we've seen, this has been abused like crazy because bringing people in they will work for cheaper than cheaper pay than what other people are paying. I've seen some of these stories crop up in my old profession

being in a recovering accountant. I have seen where some of the major accounting firms have used this process to outsource and to bring people in to do audits, taxes, and so on, where the you have a wide pool of people in the United States that are citizens in the United States, fully capable of doing those jobs, but if you can replace them with other people that are work for cheaper We saw a situation where what company was it I, There was a was it Disney or

it was a major company that they basically told all their people in the IT department that hey, we're firing you. We're going to get rid of you, but in the meantime, we're bringing in your replacements and you need to train them to do your job.

You're fully capable of doing that particular job, You've been doing that job for a number of years, and yet they found a loophole or tried to figure out some way of bringing people in that will work for a cheap and that is just flat out wrong the whole mental capabilities or the mental What type of a person that runs is the CEO of a company like that that will literally push people out the door just to get a few people in that are little work cheaper

and they're not even citizens in the United States. I don't understand that rationale. I don't understand that philosophy. And what a poor example as far as the business world is concerned, and what these people should do. I mean, they have no conscience. How did they sleep at night knowing they do this? But anyway, getting back to this particular story, judges say that the agency skipped are required steps.

At US Appeals Court for the District of Columbia granted an emergency an emergency stay, saying that petitioners challenging the rule met the stringent REQUIREM sure those are stringent requirements for the stay pending court review. The petitioners including individual truck drivers and multiple.

issues of that particular country. She'd been there for like four years, got a letter and said, hey, by the way, you haven't shown, you haven't proved that you can speak the language. You've got six months in order to prove that you can read, write and be proficient in the language, or we're kicking you out of the country. What and we're doing these kind of things after eleven years, unbelievable. You go through the individual immigration and naturalization situations in

every other country. We are so laxed and we are just so behind. We are so outgoing that it is unbelievable compared to how some of these other countries operate.

many fatal one is more than enough? Didn't we haven't we heard for years if we could just you know, if we could just save one whale out there in the wild. You know, we're going to save the whales. Oh, we got this this what was it? The spotted owl? You know, if we can keep just one owl and keep it from extinction, we've got to go through all this sort of stuff, you know, when it comes to human life, apparently that doesn't count as much as it does spotted owls or whales or whatever.

Big word there, involve trucks. Now, of the point of the nine percent of the fatal accidents out there involving trucks that are caused by trucks, there's less than ten percent of that number that is done.

Panel signals the rule may be arbitrary and capricious because FMCSA did not adequately explain expected safety benefits or account for drivers reliance on existing CDL rules. Now again we're talking about a change. Does anybody when the EPA goes out and they do some sort of a mandate out there without discussing with the companies, is that, well, can

you comply with this? No, we'll just put this EPA regulation out In the past, I might add that they put out this mandate and if it's violated, well then we'll just do billions of dollars like they've done in terms of the CAFE standards with the car manufacturers that if you don't meet these quality standards or the mileage per gram for your fleet, that will find you billions and billions of dollars even though you attempt to comply with that, but the technology isn't there for you to

do that. So it's just a money grab by the federal government at that point. So they don't get to what can anybody stand up and say, well, you know you're putting through these arbitrary and capricious regulations, but oh no, that's okay because we're trying to clean the air. We're

trying to save the planet, and that's okay. But if you're trying to save lives, now that's not so much so anyway, Sean Duffy, the Department of Transportation Secretary, is vowing to fight this course pause of the non CDL license. And it is amazing when you go through this and you talk about how a lot of these things are done where these CDL licenses are granted to people that then.

Koff and Chris Spear. Now Andrew Pollakoff is Commercial Vehicle Training Association and Chris Spear is the American Trucking Associations. Now we've had the story in the past talking about Chris Spear and the American Trucking Association getting criticized heavily for starting the whole narrative that we don't have enough CDL licenses, there's a driver's shortage, which then led to the influx of a lot of these people who from

foreign countries coming in and obtaining CDL licenses. So, in a certain instance, ATA has kind of created this issue according to a lot and getting criticism from people that have initiated this, but even they recognize the fact that

this needs to be tightened up. According to this cbtas Andrew Polakoff and ATAS Chris Spear argue that fraudulent commercial driver training schools are endangering motorists and that recent Trump administration enforcement actions mark a needed federal crackdown these unscrupulous operators, which again issue these fraudulent CDLs, which is some of the things that they're trying to crack down on. As far as the Trump administration is concerned. These unscrupulous operators

just don't cheat students out of money. They jeopardize the safety of American motorists by certifying drivers just two or three day courses and sending them behind the wheel of an eighty thousand pound truck. That's not training, its negligence, and it's putting lives at risk. And so they are calling an action to this and saying that this action needs to be done. And yet we've got the courts, and I don't know where these courts are coming from.

You would think that they would rely on the experts rather than the particular petitioner. It seems like a petitioner comes in there and says, well, we want an emergency stay. They pay more attention to them than whether or not the driving public is at risk out there. And this is something that needs to be checked and it needs to be fought, and of course the administration will be fighting this as far as they can. Take a look real quick at at oil and gas price before we scoot out the door.

in January, or a twenty one percent decrease. Taking a look at the gasoline prices really quick across the board, gasoline currently nationwide is three dollars nine cents. But then when you compare that back to twenty twenty again, when we were energy independant for the first time since nineteen forty nine, it'd be interesting to look at that, and

you know, we're ninety cents higher than that now. If oil prices are down twenty three percent, I would expect to have seen gas prices being down at least ten percent or fifteen percent, and so if that were the case, gasoline should be down somewhere around two dollars and sixty three cents a gallon nationwide. Again it's three dollars and nine cents, and diesel prices are three dollars and seventy

eight cents. Now one of the things that's creating an indication or decrease in oil prices, and this is again a hot topic coming up again. Oil prices fell on Wednesday after reports indicated the United States is renewing its push to end Russia's war in Ukraine and has drafted a framework for it. The US is signal to Ukraine President of Volodomore Zelinsky that his side must accept the US drafted framework to end the war, which opposes which

proposes Kiev giving up territory and some weapons. Two sources said to what Rutgers now, folks, this is an area where I have a disagreement with this, with current well with the Trump administration. One of the rare instances I do Vladimir Putin. There should be a line drawn on the sand. They should not get rewarded for invading a foreign country or another country. They should not be rewarded for that swamp. Talked about this later because I just

noticed we're up against clock. Stay tuned for EDI rad at time we'll pick this up. I'm Kevin Gordon, America's Trucking Network seven hundred WLW.