CAD to USD
1.3924USD
0.0090
Change ↓
Stronger
Loonie direction
What the exchange rate means for trucking
Cross-border freight
When CAD weakens against USD, Canadian exports become cheaper for US buyers. Cross-border southbound freight demand rises. Canadian carriers running US lanes get paid in USD — which converts to more CAD.
A weaker loonie means the same US lane pays better in Canadian dollars. Right now at 1.3924, a $5,000 USD load converts to $6,962 CAD.
Input costs
Oil is priced in USD. When the loonie weakens, Canadian carriers pay more in CAD for fuel. Equipment and parts imported from the US also cost more.
The exchange rate cuts both ways: better revenue on US lanes, higher costs at home.
FAQ
- How does the exchange rate affect my cross-border loads?
- US brokers pay in USD. When CAD is weak, every dollar earned converts to more Canadian dollars. At 1.3924, a $1,000 USD load is $1,392 CAD. A year ago at 1.25, it was $1,250 CAD — that’s $142 more today.
- Why does a weak loonie increase diesel prices?
- Oil trades in USD globally. When CAD drops, refiners pay more in Canadian dollars for the same barrel of crude. That cost flows through to the pump.
- How often does the rate update?
- Every 30 minutes from Bank of Canada.
Last updated: 2026-07-20 01:47 · Data refreshes every 30 minutes
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