AAA Daily Fuel Gauge Report for Friday, 10/27/23

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.

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 1.1% in October after declining 1.1% in September. In October, the index equaled 115.2 (2015=100) compared with 113.9 in September. Compared with October 2022, the SA index fell 2.1%, which was the eighth straight year-over-year decrease. In September, the index was down 4.1% from a year earlier. The not seasonally adjusted index, which represents the change in tonnage actually hauled by the fleets before any seasonal adjustment, equaled 119.7 in October, 6.3% above the September level (112.5). In calculating the index, 100 represents 2015. ATA’s For-Hire Truck Tonnage Index is dominated by contract freight as opposed to spot market freight.

National Average Price for Regular Unleaded Current: $2.866; Month Ago: $2.699; Year Ago: $2.69. National Average Price for Diesel Current: $3.101; Month Ago: $2.908; Year Ago: $2.639