paccar engine

Trucking rebound outpaces economy, but outlook is fuzzy

Trucking has recovered from the recession much better than the economy at large, but the rebound slowed in recent months, economist Jim Meil said. Various domestic and global trends cast doubt on what’s next. Meil, vice president and chief economist for Eaton Corp., addressed the Commercial Vehicle Outlook Conference in Dallas today. A former professor, Meil rated the state of trucking a B+. That’s largely due to a rebound in U.S. manufacturing (B) and non-defense capital spending ...

Read More