Key Currency Exchange Rates for Friday, 3/7/25

American Dollar to Canadian Dollar = 0.825317 American Dollar to Chinese Yuan = 0.154608 American Dollar to Euro = 1.204375 American Dollar to Japanese Yen = 0.009281 American Dollar to Mexican Peso = 0.056480

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 7.4% in December after rising 3.2% in November. In December, the index equaled 120 (2015=100) compared with 111.7 in November. “Tonnage ended last year on a high note,” said ATA Chief Economist Bob Costello. “The index not only registered the largest monthly gain since June, but it also had the first year-over-year increase since March. Freight continues to be helped by strong consumption, a retail inventory restocking, and robust single-family home construction. With the stimulus checks recently issued and with a strong possibility of more in the near future, I would expect truck freight to continue rising.” November’s gain was revised down slightly to 3.2% from our December 22 press release. Compared with December 2019, the SA index rose 2.3%. For all of 2020, compared with the same 12-month period in 2019, tonnage was down 3.3%. 2019 had an annual increase of 3.3%.

The Diplomat, a venerable outpost on the South Florida coast, has been refreshed and relaunched with the help of the Korn Design team. Principal Denise Korn says that her primary goal was to bring back the mystique and ethos of a bygone era, and reintroduce it as a vibrant hub and destination. Her solution is to a combination of “owning the beach” in the new name, The Diplomat Beach Resort, and reinjecting the entire property with a sense of “something new under the sun.”