Filed under: Products and Services, Industry, Daimler (DAI), YRC Worldwide (YRCW), Hunt(J.B.) Transport (JBHT), Eaton Corp (ETN)
Good news is coming in for the builders of heavy trucks, such as Paccar (PCAR), and for truck parts manufacturers, including Eaton (ETN). An aging national truck fleet, coupled with rebounding interstate freight volumes, signal that 2011 is shaping up to be a strong year for heavy trucks and the investors who play them.
A report from Bloomberg Businessweek reveals that manufacturing totals for heavy trucks could jump to as many as 235,000 units in North America for 2011. This compares to a total of approximately 150,000 units for 2010.
Continue reading Conditions Likely to Improve for Truck and Parts Makers
Conditions Likely to Improve for Truck and Parts Makers originally appeared on BloggingStocks on Sat, 20 Nov 2010 12:10:00 EST. Please see our terms for use of feeds.
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