Key Currency Exchange Rates
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ATA Truck Tonnage Index Increased 4.3% in February
American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 4.3% in February after decreasing 3.2% in January. In February, the index equaled 116.0 (2015=100) compared with 111.3 in January. “After a very soft January, due in part to winter storms, truck tonnage snapped back in February,” said ATA Chief Economist Bob Costello. “February’s level was the highest in a year, yet the index still contracted from a year earlier, suggesting truck freight remains in a recession.” January’s decrease was revised up from our February 20 press release. Compared with February 2023, the index fell 1.4%, which was the twelfth straight year-over-year decline. In January, the index was down 4.5% from a year earlier.
Key Currency Exchange Rates for Friday, 3/10/23
American Dollar to Canadian Dollar = 0.723245; American Dollar to Chinese Yuan = 0.143842; American Dollar to Euro = 1.059214; American Dollar to Japanese Yen = 0.007318; American Dollar to Mexican Peso = 0.054306.
