The American Trucking Associations welcomed two major new federal investments by the U.S. Department of Transportation that will add nearly 400 truck parking spaces along key freight corridors in Wyoming and Iowa. “These projects in Wyoming and Iowa continue the momentum to alleviate the severe, nationwide shortage of truck parking, which consistently ranks as one of drivers’ top concerns,” said ATA President and CEO Chris Spear. “We are grateful that Secretary Buttigieg has continued to make Bipartisan Infrastructure Law funding available to expand truck parking, and we applaud Wyoming and Iowa for prioritizing these projects in their transportation planning. More states should step up and follow their example to improve the efficient movement of freight and enhance roadway safety for all motorists.”

American Dollar to Canadian Dollar = 0.787469; American Dollar to Chinese Yuan = 0.157006; American Dollar to Euro = 1.128788; American Dollar to Japanese Yen = 0.008807; American Dollar to Mexican Peso = 0.047790.

“The U.S. oil rig count, a key indicator for trader sentiment, exhibited a rather large weekly decline,” said analysts at consultants JBC Energy GmbH in Vienna. “At least in the short term, this dynamic should help protect the downside to crude prices. The more pressing question may be how much higher prices can climb before the gravitational forces of global supply and demand can start to form an upper limit.” West Texas Intermediate for October delivery rose as much as 44 cents, or 0.9 percent, to $50.33 a barrel on the New York Mercantile Exchange, and traded for $49.91 at 10:43 a.m. London time. On Sept. 14, it reached $50.50, the highest since May 25. Total volume traded was about 26 percent below the 100-day average. Click Read More below for additional detail.