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Penske Picks Up 100 12L CNG Westport/Cummins CNG Trucks

Jul. 08, 2013 10:47 PM ETCLNE, WPRT1 Comment
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Long Only, Special Situations, Momentum, Long/Short Equity

Seeking Alpha Analyst Since 2013

I have watched and played the market for over 20 years. At first my fascination reflected my interest in technology and change, but after legal training, I graduated into a more educated and holistic view of the market as a reflection of news, market share, patents, finance, share volume, competition, competent management and news.

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.

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