American Dollar to Canadian Dollar = 0.830190; American Dollar to Chinese Yuan = 0.155479; American Dollar to Euro = 1.218656; American Dollar to Japanese Yen = 0.009191; American Dollar to Mexican Peso = 0.050207.
https://www.x-rates.com/table/?from=USD&amount=1.00
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American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 8.7% in June after falling 1% in May. In June, the index equaled 115.3 (2015=100) compared with 106.1 in May. May’s drop was unrevised at -1% from our June 23 press release. Compared with June 2019, the SA index contracted 1.3%, the third straight year-over-year decline, but the smallest over that period. Year-to-date, compared with the same period in 2019, tonnage is down 2.4%.
The American Trucking Associations welcomed an announcement from the Department of Transportation that new heavy-duty trucks would be required to have automatic emergency braking technology. “ATA has long supported the use of AEB on all new vehicles,” said ATA Vice President of Safety Policy Dan Horvath. “With NHTSA’s recent regulation requiring AEB on all new passenger vehicles, this proposal for heavy-duty trucks is timely and appropriate. “The trucking industry supports the use of proven safety technology like automatic emergency braking,” Horvath said. “We look forward to reviewing this proposal from NHTSA and FMCSA and working with them as it is implemented.”
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index fell 1.7% in April after decreasing 2.8% in March. In April, the index equaled 112.7 (2015=100) compared with 114.7 in March. “While the broader economy continues to surprise and thus far stave off an expected recession, the freight economy is starkly different,” said ATA Chief Economist Bob Costello. “The goods-portion of the economy is soft and as a result, even contract truck freight is now falling, albeit not nearly as much as the spot market. The tonnage index hit the lowest level since September 2021 in April and has now fallen on a year-over-year basis for two straight months.” March’s decline was revised up from our April 18 press release. Compared with April 2022, the SA index decreased 3.4%, which was the largest year-over-year decrease since February 2021. In March, the index was down 2.4% from a year earlier.