The truck industry is going global
TENN,USA -B4T -June 2011: -- For American OEMs, there’s a big bump in the road to the future, and it’s spelled BRIC. BRIC stands for Brazil-Russia-India-China, the world’s fast-growing over-sized economies. They’re an opportunity… and a threat. They can buy our American-made trucks and engines and parts, or they can sell us their own... There was a time when the countries of Asia, Africa and South America could all be lumped together as “emerging markets” like a bin for miscellaneous parts. No more. China is the world’s second biggest economy (in case you hadn’t heard). India’s economy has now passed Russia and Canada. The buying power of the four second-tier economies is tremendous; half of all world truck sales occur in the BRIC countries... The truck manufacturers of the BRIC countries have grown fast. China and India have the strongest and most flexible lines. They dominate sales in their own countries and vigorously export to emerging markets elsewhere. Moreover, they are no longer content to remain “third world” manufacturers. The two largest Indian companies, Tati and AMW (Asian Motor Works) have programs in place to penetrate the Triad countries. Mumbai-based Mahindra Autoworks is in its third year of selling pickups in the United States... The response of American OEMs has been uneven. Daimler Trucks of North America (DTNA) exports through its Freightliner brand to Central and South America as well as Australia and New Zealand. DTNA’s Western Star trucks exports to Africa and Indonesia. Navistar at least has a joint venture with India’s Mahindra Group to manufacture heavy-duty trucks in that country. On the other hand, the two truck giants of the Western Hemisphere, Paccar’s Peterbilt and Kenworth, are strangely inactive outside of North America... American-made trucks are still the kings of the highway. Right now Peterbilt and Kenworth and Navistar can drive around that BRIC in the road. But next year it will still be in place, only bigger. Sooner or later, a time will come when the brick turns into a boulder. We repeat, what then?...
* Europe - Analytiqs: Margins have not followed the evolution of the turnover of logistics
(Photo: A Renault's Magnun truck) London,EN,UK -Truck & Business, by Claude Yvens -9 Sept 2011 : -- In its latest report, the English office Analytiqs analyzed the performance of the largest European logistics in 2010 and the first half of 2011. It shows that the turnover increased by an average of 7.7% compared to 2009, but this increase did not bring this value only slightly above the figures obtained in 2007... These are not the largest companies that have increased the most, but companies 'second hat' (turnover between 2 and 4 billion EUR)... Profitability, for against, remained under pressure in 2010, and profit margins have not recovered their 2007 level. The only three companies that have reported increases in their profit margins are Cat Logistics, Gist and Ceva Logistics...
2011
As previously reported for the first half of 2011 suggest otherwise shows a slight decline in growth, particularly for society dependent on European markets...
Labels: trucking markets
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