American Dollar to Canadian Dollar = 0.757687; American Dollar to Chinese Yuan = 0.149279; American Dollar to Euro = 1.174265; American Dollar to Japanese Yen = 0.009501; American Dollar to Mexican Peso = 0.047216.

Raj Subramaniam, chief executive of the global e-commerce and transportation company, spoke in an interview with The New York Times, published on Sunday, about his approach to technology. "Truck unloading and truck loading are a very difficult problem for robotics to solve — packages come in every size, shape, and weight," he said. He added, "We're not looking for humanoid robots — we're looking for super humanoid robots, because maybe they need to have a couple of elbows. More degrees of freedom." The executive said that FedEx is still in the pilot stage for these robots, and was "not ready for prime time yet." Beyond humanoid robots, he said, FedEx was drilling down on AI, training on data from its 17 million deliveries daily around the world to predict delivery times for its customers accurately.

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 3.5% in January after increasing 1.2% in December. In January, the index equaled 111.0 (2015=100) compared with 115.0 in December. ATA recently revised the seasonally adjusted index back five years as part of its annual revision. “January’s data was a snap back to reality for anyone thinking the freight market was about to turn the corner,” said ATA Chief Economist Bob Costello. “Bad winter weather in January likely hurt volumes, not to mention sharp drops in a number of drivers of tonnage including retail sales, housing starts and manufacturing output.” December’s increase was revised down from our January 23 press release. Compared with January 2023, the SA index fell 4.7%, which was the eleventh straight year-over-year decrease. In December, the index was down 0.8% from a year earlier.