Drilling Deep: The last mostly ‘normal’ quarter in trucking is in the books

Image: Jim Allen/FreightWaves

The numbers are in – earnings for the quarter have been reported by all the trucking and other freight-related companies for the three months that ended March 31. And what a quarter it was, finishing up in the middle of a radically changed scenario that nobody could have ever modeled for. 

On this week’s Drilling Deep podcast, host John Kingston talks with Todd Fowler, the transportation equity analyst at KeyBank. Todd sat in on all the main earnings calls for the quarter – and followed up with the management of many of them after the calls – so he has a great deal of perspective on how companies fared and where they’re going for the rest of the year.

John will also talk about diesel prices, noting how oil prices are climbing in international markets but diesel at the pump isn’t. It’s a nice situation that many people didn’t think could happen…but it is.

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John Kingston

John has an almost 40-year career covering commodities, most of the time at S&P Global Platts. 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, one for steering coverage of the BP Deepwater Horizon disaster and the other for the launch of a public affairs television show, Platts Energy Week.