Drilling Deep: Economist Perry on bull-versus-bear debate in freight

Also on the podcast: The current roller coaster in diesel prices

· Friday, July 23, 2021

Photo: Jim Allen/FreightWaves

The bull-verus-bear showdown is present in markets at all times. Freight is no exception.

Noel Perry, a longtime freight economist who works closely with the Transportation Intermediates Association and Truckstop.com, talks about the reasons for both arguments on this week’s Drilling Deep.

Also on the podcast, host John Kingston discusses the wild ride that commodity diesel prices have been on the past week — a sharp downturn followed by days of gains that recovered all of the decline. It’s tough to keep on top of it.

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John Kingston

John has an almost 50-year career as a journalist, most of them covering commodities and markets. The largest part of his career was spent at Platts, now part of S&P Global Energy. He created the Dated Brent benchmark, now the world’s most important crude oil marker. He was Director of Oil, Director of News, the editor in chief of Platts Oilgram News and the “talking head” for Platts on numerous media outlets, including CNBC, Fox Business and Canada’s BNN. He covered metals before joining Platts and then spent a year running Platts’ metals business as well. He was awarded the International Association of Energy Economics Award for Excellence in Written Journalism in 2015. In 2010, he won two Corporate Achievement Awards from McGraw-Hill, an extremely rare accomplishment. He was awarded the 2020 Abdullah Bin Hamad Al-Attiyah International Energy Award for Lifetime Achievement for the Advancement of International Energy Journalism.