American Dollar to Canadian Dollar = 0.752347; American Dollar to Chinese Yuan = 0.142589; American Dollar to Euro = 0.99608; American Dollar to Japanese Yen = 0.006984; American Dollar to Mexican Peso = 0.049758.
https://www.x-rates.com/table/?from=USD&amount=1.00
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Taki Darakos, PITT OHIO’s fleet manager who oversees the acquisition and maintenance of 1,550 company-owned tractors and box trucks, testified before Congress on the technological, operational, and financial challenges fleets face as federal and state regulations mandate the adoption of battery-electric trucks. “After meticulous evaluation and planning with our truck manufacturer, we put into service our first battery-electric trucks,” Darakos said. “Although battery-electric trucks show promise in certain applications, they are not ready for broad deployment due to technology limitations.” PITT OHIO is a freight transportation provider that operates in 14 states out of 25 terminals and employs more than 3,500 people. As the Vice President of Vehicle Maintenance and Fleet Service at PITT OHIO, Darakos shared his extensive, real-world experience with the House Subcommittee on Highways and Transit.
Futures slid 0.5 percent after advancing 1.2 percent earlier. Oil may slip below $40 unless there are sustained inventory declines and a drop in the rig count, according to Goldman Sachs. U.S. crude stockpiles probably fell by 2.85 million barrels last week, a Bloomberg survey showed before an Energy Information Administration report Wednesday. “The market is still searching for a new equilibrium, and in particular for a lower band for the oil-price range,” said Jan Edelmann, an analyst at HSH Nordbank AG in Hamburg. Investor sentiment is “close to its lows,” which may cause a “renewed downswing in prices to sub-$40.” Click Read More below for additional detail.
Yuan-denominated oil futures on the Shanghai International Energy Exchange lost 2.8 percent to 405.5 yuan a barrel. The September delivery contract closed 0.9 percent lower on Monday after debuting last week. U.S. crude inventories are estimated to have added 2 million barrels last week, according to a Bloomberg survey before Energy Information Administration data due Wednesday. The nation’s oil production had also increased for a fifth week in the period ended March 23, hitting a fresh record. Click Read More below for additional information.