![[Valid Atom 1.0]](valid-atom.png "Validate my Atom 1.0 feed")
Optimism - USA - Trucking companies' profits outpace rising fuel prices
Industry is able to pass costs on to customers
SEATTLE,Wash,USA -The Seattle Times, by DAVID BOWERMASTER/Houston Chronicle -June 7, 2006: -- At Paccar's upbeat annual meeting in April, shareholders applauded the truck builder's record $1.1 billion profit in 2005... The appreciative company, in turn, handed out coffee-table histories of its first 100 years... But a wary audience member interrupted the good times with a troubling question: With oil around $70 per barrel and diesel prices soaring, could freight haulers afford to keep buying Paccar's Kenworth and Peterbilt rigs?: Absolutely, Chief Executive Mark Pigott said: "Most of the trucking companies pass along their costs to their end-users"...
posted by Unknown @ 11:01 AM
0 Comments:
Post a Comment
<< Home