* New York - Orders for U.S. capital goods rise as investment stabilizes
-- Companies such as truck maker Navistar International Corp. optimistic better demand for its products, including medium-duty trucks, will follow... “We’re seeing growth in this important segment in 2015 due to increasing business investment and expansion in the housing market,” Chief Executive Officer Troy Clarke said in a June 4 conference call to discuss earnings. “Improving freight rates, lower energy costs, favorable business conditions, aging fleets and better new truck fuel economy and safety, all translate into good demand for trucks” ...
(Photo: Navistar Defense Tactical Pickup Truck) -- NY, USA - Bloomberg Business, by Victoria Stilwel - June 23, 2015Labels: truckmakers news USA
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