Key Currency Exchange Rates for Friday, 5/20/22

American Dollar to Canadian Dollar = 0.788156; American Dollar to Chinese Yuan = 0.157845; American Dollar to Euro = 1.230278; American Dollar to Japanese Yen = 0.009371; American Dollar to Mexican Peso = 0.053840.

National Average Price for Regular Unleaded Current: $3.792; Month Ago: $3.805; Year Ago: $3.415. National Average Price for Diesel Current: $5.311; Month Ago: $4.863; Year Ago: $3.639.

Among the key findings in ATA Freight Transportation Forecast 2023 to 2034 are: *Overall truck tonnage will grow from an estimated 11.3 billion tons this year to 14.2 billion tons in 2034. This represents 72.4% of the freight tonnage in 2023 and 72.6% of tonnage at the end of the forecast period. *Trucking’s revenues will grow from $1.01 trillion in 2023 to $1.51 trillion in 2034, which will account for 78.8% of the freight market. *In other modes: o As coal and bulk petroleum shipments wane over time, rail carload tonnage will fall from 11% of total freight to 10.1% by 2034. o Rail intermodal revenues will grow from $21.7 billion in 2023 to $35.2 billion in 2034. o Air cargo tonnage will grow from 17.6 million tons this year to 23.7 million tons in 2034. o Pipelines will see their share of freight tonnage grow from 9.8% in 2023 to 10.4% in 2034.