Key Currency Exchange Rates for Friday, 2/17/23

Continuing the pioneering trend; first to market with new technology and breakthrough sheetfed ink formulations, Flint Group today announces the global launch of its latest version UV LED process inks, XCURA EVO. ““EVO” is short for evolutionary,” explains Trevor Amps, Global Product Management Director for Energy Curing inks. “This signals a step change from our world renowned XCURA formulations which, for the past four years, have served our customers very well as an industry leader. XCURA EVO is our next generation offer to the UV LED and low energy sheetfed market, and we are very pleased to announce its global launch today.” “More and more sheetfed press manufacturers are heading their technology development with LED and low energy curing, and we see growing numbers of retro-fit conversions from lamp providers and OEMs as well,” stated Mr Amps. “Some of the main drivers encouraging commercial printers to switch to UV LED are improved efficiency, reduced energy costs and the ability to break into new markets. XCURA EVO helps to maximise all of these with its excellent flow characteristic, superb transfer and high gloss.” Click Read More below for additional detail.

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 1.3% in November after rising 0.4% in October. In November, the index equaled 114.5 (2015=100) compared with 113 in October. “November’s gain was the fourth straight, totaling 4.3%, and the tonnage level was the highest since April,” said ATA Chief Economist Bob Costello. “The recent streak is very good, but it should be noted that from April through July the index fell a total of 4.6%, so we are not quite back to where we were last spring. "With that said, the index saw the largest gain from a year earlier since May. In November, strong factory output and housing starts helped push the index higher," he said.

National Average Price for Regular Unleaded Current: $3.537; Month Ago: $3.319; Year Ago: $3.461. National Average Price for Diesel Current: $4.042; Month Ago: $4.069; Year Ago: $4.240.