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Orders for heavy-duty trucks rose 12% Y/Y in December and +46% from November, according to...

Orders for heavy-duty trucks rose 12% Y/Y in December and +46% from November, according to market research firm ACT Research. Although macro-freight metrics remain mixed, December's heavy-duty order volume was the second-highest month since early 2006, and is giving a lift to trucking stocks: Paccar (PCAR +4.4%), Navistar (NAV +3%) and Cummins (CMI +2.3%).
Comments (1)
  • Joe Eifrid
    , contributor
    Comments (339) | Send Message
     
    I wonder if the big tax benefits that expired at the end of the year for capital expenditures in section 179 had anything to do with the end of year surge in truck sales. I am watching ISRG. I think they may be effected as well with a very nice Q4 but guiding lower for Q1. As far as I know congress did not extend into 2012.
    5 Jan 2012, 05:18 PM Reply Like
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