Key Currency Exchange Rates for Friday, 10/27/23

At Impress Communications the Highcon Laser Die-Cutter Opens Up a World of Possibilities The Highcon Laser Die-Cutter is a marvel of technology and engineering that represents a complete shift and new era for the design industry. This machine gives designers the power to envision and create artwork in ways that were previously impossible. The precision and flexibility of cutting with lasers, as opposed to the traditional method of using bent lengths of steel rule, removes the previous limitations associated with regular die-cutting. Now, a designer can strip away intricate sections of paper, leaving dramatic reveals of the substrate or product beneath. These kinds of paper layering techniques create a compelling impression with a brand’s end user, and allow creatives to reimagine what can be done with belly bands and sleeves, folding cards or french fold panels, and any kind of package that features a window.

Futures in New York rose 0.2 percent after a 3.6 percent decline last week. The Sharara field, Libya’s biggest, has started producing again after stopping on Sunday following a closure of the pipeline carrying oil to the Zawiya refinery, according to a person with knowledge of the matter. The halt came shortly after protests disrupted output at another Libyan deposit in February. Libyan production had been surging in recent months, becoming a thorn for the market on concern that further growth could test the country’s pledge to curb production as part of OPEC’s plan to limit a global oversupply. The increase, together with warnings of rising U.S. output from organizations including the the International Energy Agency, has prevented prices from regaining the highs of January even as most OPEC members continue to cut supply. Click Read More below for additional information.

The American Trucking Associations and the International Foodservice Distributors Association applauded the introduction of the DRIVE Safe Integrity Act, introduced by Representatives Rick Crawford (R-Arkansas) and Henry Cuellar (D-Texas), to help alleviate the truck driver workforce shortage. The bill builds upon strong, bipartisan support for the DRIVE Safe Act over the last few Congresses and the inclusion of the Safe Driver Apprenticeship Pilot Program in the bipartisan infrastructure law. “Building a 21st century supply chain requires a strong, vibrant and growing trucking workforce,” said ATA President and CEO Chris Spear. “The DRIVE Safe Integrity Act will bolster new career pathways into interstate trucking while promoting safety and training standards that far exceed the bar set by states today. This legislation offers a timely and essential trucking workforce and supply chain solution, built off years of broad bipartisan Congressional support.” “The last three years have proven just how important truck drivers are to the American economy and way of life, and how urgently we need to develop a pipeline of qualified, well-trained professional drivers to meet our nation’s growing freight needs,” said Mark S. Allen, President and CEO of IFDA.