American Dollar to Canadian Dollar = 0.787250; American Dollar to Chinese Yuan = 0.154088; American Dollar to Euro = 1.193914; American Dollar to Japanese Yen = 0.009233; American Dollar to Mexican Peso = 0.047112.
https://www.x-rates.com/table/?from=USD&amount=1.00
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UPM Energy answers to the urgent need for power flexibility with a revolutionary energy optimisation and trading service, Beyond Spot, helping industrial businesses thrive in the energy market disruption. The service helps industrial companies solve the most common pain points of energy management: energy cost optimisation and risk management. At the same time, it answers the growing need for flexible power to balance the power grid due to the fast increase in the supply of renewable energy. The energy market is in the middle of disruption. Tightening climate goals push countries to shift towards renewable energy, which pushes the power prices down and shakes up the market dynamics. The increase in renewable energy creates dramatic fluctuations in energy supply, posing significant financial risks for large energy consumers and causing new challenges for electricity grids. In order to cope with the volatile renewable energy supply, investments in electricity grids are required, but part of the solution lies in more efficient use of flexible consumption assets through energy optimisation. Regulators and transmission system operators also aim for better balancing of supply and demand with the help of new regulation such as the fifteen-minute imbalance settlement coming in 2023 in the Nordics.
The American Trucking Associations praised the leaders and members of the House Transportation and Infrastructure Committee for their work in advancing the INVEST in America Act to the House floor. “Chairman DeFazio and the entire committee have produced a solid piece of legislation that authorizes a real and significant increase in funding for our roads and bridges, as well as a broad range of policies to improve highway safety,” said ATA President and CEO Chris Spear. “ATA supports this bill and appreciates the hard work of the committee members and staff, and we look forward to working with Congress to further improve this important bill as it continues through the process, and securing bipartisan support for an infrastructure investment package that provides real money for our roads and bridges.”
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 0.4% in December after decreasing 2.5% in November. In December, the index equaled 115.2 (2015=100) versus 114.8 in November. “Despite the small gain in December, for-hire truck tonnage clearly decelerated during the final quarter in 2022,” said ATA Chief Economist Bob Costello. “In fact, tonnage outperformed some other key metrics that drive truck freight, like housing starts and factory output during the final month of the year. This is probably because contract truckload freight is still outperforming the spot market and less-than-truckload freight after underperforming both of those sectors in 2021.” For all of 2022, tonnage was up 3.4%, which was the best annual gain since 2018.