unable to meet their deliveries. The last truck I owned had a 2013 DD15 under the hood. If a sensor could cost me around $1,000 (downtime, tow, sensor) for a glitch, I wasn’t interested in owning my own
Some large carriers subsidize the cost of training for trucking school graduates who commit to working for them when they get their licenses. They’ll typically reimburse students a small percentage of the school’s cost over a number of months until they’ve met their employment obligation. We ...
with42trucks,andexpectstodeliverupto350morein2024.Forcomparison,266,752newheavy-dutytrucksweresoldintheUnitedStatesin2023;around1,200were batteryelectric,andmostoftheremainingwerediesel. H2fuelinginfrastructureisalsoinitsinfancywithintheUnitedStates.Thereare currentlyonly56openretailstations,withallbutoneinCalifo...
For comparison, PACCAR grew NOPAT by 10% compounded annually over the past five years, 38% compounded annually over the past decade, and 7% compounded annually over the past two decades. It’s not often investors get the opportunity to buy a market leader at such a discounted price. Figure ...