AGING TRUCKS * Australia - New technology fuel PacLease in

* Queensland - TRUCKMAKERS NEW: Paccar's

-- In Australia, where highways are long and trucks, increasingly, are old, Paccar Leasing sees opportunity. The rental and leasing arm of U.S.-based truck manufacturer Paccar recently opened shop in Melbourne and plans to expand throughout the country, where the average age of heavy trucks foretells strong potential replacement demand... PacLease’s plans for Australia point to a global need for more technologically up-to-date, fuel-efficient, low-emissions trucks on highways, in cities and at ports. That scope of that demand is evident in where the leasing subsidiary of $18.9 billion Bellevue, Washington-based Paccar does business: North America, including the U.S., Canada and Mexico, Europe and now Australia... PacLease isn’t rolling into a new market for Paccar. The manufacturer began selling trucks in Australia in the 1960s and building trucks there in the 1970s. Kenworth and DAF vehicles account for about 25 percent of Australian heavy-truck sales... 
(Photo: Olen Hunter, director PacLease Australia, at the Brisbane Truck Show earlier this month)  --  Brisbane, QNLD, Australia - J.O.C., by William B. Cassidy - May 26, 2015