US carriers illegally hiring Mexican drivers to haul loads, sources say [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Yahoo! Finance
Reed, whose name has been changed for this story, spoke to FreightWaves on condition of anonymity out of fear of retribution. As FreightWaves reported in March and April 2021 in several news stories, trucking and transportation operators in the U.S. and Mexico have been violating cabotage rules by misusing foreign B-1 visa drivers to deliver loads within the U.S. Cabotage rules prevent foreign nationals in the U.S. on B-1 business-visitor visas from competing with U.S. truckers on loads moving point to point in the U.S. The regulations are meant to protect driver jobs in the U.S. trucking industry. Reed and other trucking industry stakeholders told FreightWaves that the misuse of Mexico-based B-1 visa drivers creates unjust but significant savings to U.S. carriers that set up outsourced B-1 driver fleets at a lower cost. The trucking company owner said the misuse of B-1 visa drivers has gotten worse since FreightWaves first wrote about it three years ago. Even more trucking c
Show less
Read more
Impact Snapshot
Event Time:
META
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
META alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
META alerts
High impacting Meta Platforms, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
META
News
- Skip to content [TechCrunch]TechCrunch
- Catch up on the day's stories: Cheap groceries, a polarizing graduation speech, health care cyberattacks [CNN]CNN
- The Potential TikTok Ban in the U.S. Is Real: Here's What it Means for Facebook's Stock [Yahoo! Finance Canada]Yahoo! Finance Canada
- Instagram parent Meta hit with online child safety probe in Europe [Yahoo! Finance]Yahoo! Finance
- Priority With Clarity: Meet Ashwini Siddhi [Yahoo! Finance]Yahoo! Finance
META
Earnings
- 2/1/24 - Beat
META
Sec Filings
- 5/16/24 - Form 144
- 5/16/24 - Form 144
- 5/16/24 - Form 144
- META's page on the SEC website