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Robert Rhodes
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I have watched, listened, learned and played the markets for about 25 years. At first my interest reflected a natural curiosity about business, but after legal training I graduated into a more educated and holistic view of the market as a reflection of litigation, law, news, market share,... More
  • Penske Picks Up 100 12L CNG Westport/Cummins CNG Trucks 1 comment
    Jul 8, 2013 10:47 PM | about stocks: CLNE, WPRT

    On June 25, 2013, it was announced that Penske has decided to pick up 100 CNG Freightliner Cascadia tractors equipped with Cummins Westport 12-liter engines. Penske is going to deploy the trucks throughout the US. The order was based on increasing customer interest in this fuel.

    Disclosure: I am long CLNE, WPRT.

    Stocks: CLNE, WPRT
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  • soccer_fan
    , contributor
    Comments (15) | Send Message
    Is this move by Penske and Freightliner the chicken or the egg?


    --Or are we now past that analogy and on to straight customer and supplier economics?


    This is important because NatGas wins on the economics.
    23 Jul 2013, 02:03 PM Reply Like
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