American Dollar to Canadian Dollar = 0.773473; American Dollar to Chinese Yuan = 0.148109; American Dollar to Euro = 1.017834; American Dollar to Japanese Yen = 0.007442; American Dollar to Mexican Peso = 0.048878.
https://www.x-rates.com/table/?from=USD&amount=1.00
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Oil in New York rose above $50 a barrel early last week, before slipping as signs of rising global supply eroded optimism that curbs by the Organization of Petroleum Exporting Countries and its partners are rebalancing the market. The failure of OPEC’s efforts amid expanding output in Libya and Nigeria and lower compliance by some nations has spurred Saudi Arabia to take more action. Prices “are profiting from Saudi Arabia’s announcement that it will be reducing its oil shipments,” said Eugen Weinberg, head of commodities research at Commerzbank AG in Frankfurt. “This announcement is remarkable to the extent that domestic demand declines in September, meaning that more crude oil will be available for export if production remains unchanged.” Click Read More below for additional detail.
After four decades of a successful partnership in the paper industry, Pam Mantor and Helen Hawekotte are heading out for their final sales call and a well-earned retirement.
Pam and Helen were a dynamic duo who were pioneers in the development of corporate end user paper programs. They blazed trails in the tech, telecommunications, and banking industries with the likes of Apple, HP, Microsoft, Sprint and DISH.
Midland was fortunate to have Pam and Helen as valued employees and teammates. We will miss their market perspective and wealth of knowledge. We are a better company for having them on our team. We cherish the fond memories and many years of success shared with Pam and Helen.
"You can't retire from being great" Unknown
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 0.4% in October after rising 2.2% in September. In October, the index equaled 113 (2015=100) compared with 112.6 in September. “October’s gain was the third straight totaling 2.9%,” said ATA Chief Economist Bob Costello. “The combination of solid retail sales, inventory rebuilding, and generally higher factory output offset some areas of softer freight growth, like home construction, in October. “Economic growth remains on solid footing, which is good for truck freight volumes going forward. The largest problem for the industry isn’t the amount of demand, but making sure we have adequate supply. It is good to see that fleets were able to haul more tonnage in recent months in the face of constrained supply,” he said. September’s reading was revised down slightly to 2.2% from our October 19 press release.