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MARKETS - CHINA - Takes bigger cut of U.S. trailer imports
TORONTO,CAN -Today's Trucking News/USA -July 25, 2005: -- The foreign supplier landscape for the U.S. trailer industry changed dramatically last year, with Canada and Mexico losing ground to Asia... Economic analyst firm Global Insight's Ken Kremar says U.S. trailer sales were approx. $6 billion in 2004, while imports were $619 million... "Historically, Canada and Mexico have dominated the import scene, accounting for more than 90 percent of equipment and parts sources outside the U.S.," says Kremar. "Things changed in a big way last year as imports from China more than quadrupled, jumping from$16.5 million in '03 to $91.6 million." ...
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