The American Trucking Associations recognized 10 state trucking executives for their time representing the industry with Trucking Association Executives Council Service Awards. “These STA Execs, along with so many of our state trucking association executives here today, work daily in their respective state capitals and localities to promote, preserve and protect the interests of our great industry,” said TAEC National Chair Shannon Newton, president and CEO of the Arkansas Trucking Association. “Politics at the state level versus the federal level is about as different as night and day. Whereas the legislative process at the federal level tends to get totally bogged down for myriad reasons, legislative initiatives in state capitals actually move – often without warning and rather quickly. This fast-paced environment presents many unique challenges for industry advocates, and that’s not even mentioning the never-ending association management challenges we all face.”

American Dollar to Canadian Dollar = 0.787469; American Dollar to Chinese Yuan = 0.157006; American Dollar to Euro = 1.128788; American Dollar to Japanese Yen = 0.008807; American Dollar to Mexican Peso = 0.047790.

India’s imports of African crude oil in October plunged to their lowest in over four years, with the world’s No.3 oil consumer increasingly turning to cheaper supplies from the United States and heavier Middle Eastern grades, ship tracking data showed. U.S. crude production has soared more than 14 percent since mid-2016 to 9.65 million barrels per day (bpd), altering trade routes as its relatively cheap and light grades become a viable import option for Asian refiners. “Earlier in Asia, West African oil was competing with Middle East grades, but now it has a new competitor: the U.S.,” said Ehsan Ul-Haq, director of crude oil and refined products at consultancy Resource Economist. Click Read More below for additional information.