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Prognosis
It may be slowing down, but sustainable growth is better than boom and bust swings anyway, says Bradley
* Canada - Bradley not as bullish but predicts steadiness for '07
Toronto,Ont,CAN -Today's Trucking (CAN) -17/2006: -- Canadian truckers, in some sectors anyway, aren't exactly partying like its 2004. But that doesn't mean that the industry isn't relatively strong, says Ontario Trucking Association, David Bradley... It may be slowing down, but sustainable growth is better than boom and bust swings anyway, says Bradley... In his view, the economy is churning out precisely the right amount of freight given current levels of aggregate demand, but the problem is, "and this has been a chronic industry issue, there are perhaps too many trucks chasing that freight."...
* Germany - DaimlerChrysler Truck Group announces future profitability and return targets
Mannheim,Germany -PaddockTalk (USA) -Nov 17, 2006: -- The DaimlerChrysler Truck Group announced its future profitability and return targets to analysts today. The truck division is looking to achieve an average Return on Sales of at least 7%. Plans also call for the average Return on Net Assets (RONA) to reach approximately 30%. The Global Excellence Program launched by the Truck Group in 2005 will enable the division to better meet the demands of cyclical markets and achieve sustained profitable growth... Speaking today in Mannheim at DaimlerChrysler's largest commercial vehicle engine plant, Andreas Renschler, the DaimlerChrysler Board of Management member responsible for Truck Group & Buses, said...
posted by Unknown @ 11:01 AM
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