American Dollar to Canadian Dollar = 0.789732; American Dollar to Chinese Yuan = 0.154912; American Dollar to Euro = 1.177785; American Dollar to Japanese Yen = 0.009092; American Dollar to Mexican Peso = 0.050160.
https://www.x-rates.com/table/?from=USD&amount=1.00
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Oil prices steadied on Wednesday, supported by a drop in U.S. commercial crude inventories and the loss of storage capacity in Libya, but under pressure ahead of a meeting of OPEC exporters which may increase global production. U.S. crude inventories fell by 3 million barrels to 430.6 million barrels in the week to June 15, according to an American Petroleum Institute report on Tuesday. Click Read More below for additional information.
American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 3.5% in January after increasing 1.2% in December. In January, the index equaled 111.0 (2015=100) compared with 115.0 in December. ATA recently revised the seasonally adjusted index back five years as part of its annual revision. “January’s data was a snap back to reality for anyone thinking the freight market was about to turn the corner,” said ATA Chief Economist Bob Costello. “Bad winter weather in January likely hurt volumes, not to mention sharp drops in a number of drivers of tonnage including retail sales, housing starts and manufacturing output.” December’s increase was revised down from our January 23 press release. Compared with January 2023, the SA index fell 4.7%, which was the eleventh straight year-over-year decrease. In December, the index was down 0.8% from a year earlier.
National Average Price for Regular Unleaded Current: $3.572; Month Ago: $3.646; Year Ago: $4.600. National Average Price for Diesel Current: $3.962; Month Ago: $4.164; Year Ago: $5.538.