Morprop Transportation Property Review 04.11 Equipment Makers Soar

The long-awaited trucking recovery has delivered for the transportation manufacturing sector. Truck orders for Class 8 trucks hit a 5 year high in March with net orders up almost 160% y/y. Truck maker Daimler’s (manufacturer of Freightliner trucks) Q1 sales rose over 25% and profit tripled. Volvo recently announced that…

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