Investment firm calls truck pre-buy 'astonishing'

| Tuesday, February 13, 2007

Market analysts at the investment firm Bear Stearns think the slowdown in Class 8 truck sales this year will run deeper and last longer than most observers think.

An analyst at Bear Stearns told Today's Trucking the number of pre-buy sales in 2006 was "astonishing," showing a 12-percent increase over 2005 - even though the economic climate in trucking last year wasn't that great.

 

Comments