Facebook Inc (NASDAQ:FB) has struggled to move higher after reporting earnings on July 26. Given that Facebook stock is already up more than 50% year-to-date and is starting to look a little tired from a technical analysis perspective, I expect shares to pull back over the coming few weeks. Facebook's second-quarter earnings report was certainly solid, with EPS coming in at $1.32 per share versus expectations of $1.13.
TorcUP is offering its line of Raptor non-impacting pneumatic torque wrenches for the trucking industry's toughest bolting applications.
“The Raptor is accurate to within 5% of its torque value compared to an impact wrench that is only accurate to within about 20% of its torque value,” explained Tim Benford, director of sales and marketing. “It has been proven that consistent use of an impact wrench can cause harm to mechanics in the form of white finger disease, carpal tunnel and nerve damage.”
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...Read the rest of this storyNick Burns, Former U.S. Ambassador to NATO, weighs in on North Korea's nuclear threat and President Trump's warning.
TorcUP is offering its line of Raptor non-impacting pneumatic torque wrenches for the trucking industry's toughest bolting applications.
“The Raptor is accurate to within 5% of its torque value compared to an impact wrench that is only accurate to within about 20% of its torque value,” explained Tim Benford, director of sales and marketing. “It has been proven that consistent use of an impact wrench can cause harm to mechanics in the form of white finger disease, carpal tunnel and nerve damage.”
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...Read the rest of this storyAmerican Trucking Assns.' Agricultural and Food Transporters Conference, along with the American Frozen Food Institute, launched a new online self-assessment tool to help motor carriers evaluate their processes and procedures for complying with the Food Safety Modernization Act.
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We're supposed to be in the dog days of summer but spot market truckload freight volumes are still higher than any month except June while August had a stronger start than any month in more than a year and a half, according to DAT Solutions and its network of load boards.
The surge of freight during the last full week of July continued into the week ending August 5, as the number of posted loads was nearly unchanged compared to the previous week while available truck capacity fell 2.1%.
National average van, flatbed, and refrigerated rates, which include fuel surcharges, all increased.
For van freight, load posts edged up 2% while truck posts fell 3%, bumping the van load-to-truck ratio from 5.2 to 1 to 5.5 to 1.
The national average van rate increased 3 cents to $1.82 per mile, higher than the average rates for June and July. The biggest rate jumps were on lanes heading to retail distribution centers in the Northeast in advance of back-to-school shopping season.
Buffalo saw the largest average rate gain of any major van market last week, up 11 cents to $1.98 per mile. Other key outbound markets:
Chicago, $2.15 per mile, up 7 centsDallas, $1.74 per mile, up 2 centsLos Angeles, $2.12 per mile, down 1 centAtlanta, $2.09 per mile, down 1 centFlatbed load posts declined 7% last week while the number of truck posts rose 2%. That caused the load-to-truck ratio to decline 9% to 34 loads per truck, still a very high ratio for this time of year
At $2.22 per mile, the national average flatbed rate was 3 cents higher compared to the previous week and posted its highest level out of the last four weeks.
Overall, 18% more flatbed loads moved last week than the week before and rates are holding up ...Read the rest of this story
Professional drivers have a new place to rest and access meals and other services in a new part of North Carolina. The Love's Travel Stop in Mebane opened for business along Interstate 40/85 and Trollingwood Hawfields Road (Exit 152).
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