American Dollar to Canadian Dollar = 0.734720; American Dollar to Chinese Yuan = 0.138010; American Dollar to Euro = 0.995171; American Dollar to Japanese Yen = 0.006774; American Dollar to Mexican Peso = 0.050361.
https://www.x-rates.com/table/?from=USD&amount=1.00
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American Dollar to Canadian Dollar = 0.772086; American Dollar to Chinese Yuan = 0.156568; American Dollar to Euro = 1.167135; American Dollar to Japanese Yen = 0.009137; American Dollar to Mexican Peso = 0.050923.
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 5.1% in July after surging 8.9% in June. In July, the index equaled 109.6 (2015=100) compared with 115.5 in June. Despite July’s decline, the index was 3.3% above the recent low in May. June’s increase was revised up slightly to 8.9% from our July 21 press release. Compared with July 2019, the SA index contracted 8.3%, the fourth straight year-over-year decline. Year-to-date, compared with the same period in 2019, tonnage is down 3.2%.
Oil prices plunged on Friday as reports said OPEC and Russia are considering lifting production by as much as 1 million barrels a day to meet the shortfall in supply from Iran and Venezuela. The losses came after media reports hit saying the Organization of the Petroleum Exporting Countries and Russia are discussing plans to lift their production for the first time since 2016. Bloomberg said the major producers are considering pumping between 300,000 and 800,000 more barrels of oil a day, while Reuters said the number could be as high as 1 million barrels. Click Read More below for additional information.