TITLE

EQUIPMENT GEARS DOWN

AUTHOR(S)
Gallagher, John
PUB. DATE
May 2009
SOURCE
Journal of Commerce (1542-3867);5/18/2009, Vol. 10 Issue 20, p30
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the impact of overcapacity and weak freight demand on truck suppliers. The significant financial losses of original equipment manufacturers (OEM) and component makers are attributed to declining truck sales. Carriers are said to be sidelining their excess truck capacity in an effort to deal with the declining demand. Thousands of workers were laid off and the Sterling brand of trucks was eliminated by DTNA.
ACCESSION #
40400605

 

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