Key Currency Exchange Rates for Friday, 9/30/22

American Dollar to Canadian Dollar = 0.801619; American Dollar to Chinese Yuan = 0.156162; American Dollar to Euro = 1.153148; American Dollar to Japanese Yen = 0.008782; American Dollar to Mexican Peso = 0.048496.

American Trucking Associations applauded the introduction of the DRIVE Safe Act in both the U.S. House and Senate by a group of bipartisan legislators. The legislation addresses the economy’s growing shortage of professional truck drivers by expanding job opportunities for younger members of the trucking workforce, while also strengthening safety training and technology safeguards for select candidates looking to participate in interstate commerce early in their careers. While 49 states permit individuals to obtain a commercial driver’s license and operate large commercial vehicles before they turn 21, federal regulations prohibit those same drivers from crossing state lines until they turn 21. These restrictions bar a vital population of job seekers from interstate trucking, exacerbating the driver shortage as qualified candidates are lost to other industries. The DRIVE Safe Act would allow certified CDL holders already permitted to drive intrastate the opportunity to participate in a rigorous apprenticeship program designed to help them master interstate driving, while also promoting enhanced safety training for emerging members of the workforce.

American Dollar to Canadian Dollar = 0.764196; American Dollar to Chinese Yuan = 0.158084; American Dollar to Euro = 1.232922; American Dollar to Japanese Yen = 0.009467; American Dollar to Mexican Peso = 0.053323.