http://beta.fool.com/jonathanyates13/20 ... lnk0000001Truck Stocks will Profit from Natural Gas
By Jonathan Yates - July 20, 2012 | Tickers: KOL, NAV, PCAR, UNG, USO | 1 Comment
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While other groups in the transportation sector have recovered, such as railroad stocks, the trucking industry is still lagging behind. Navistar International (NYSE: NAV) is down over 56% for the last 52 weeks of market action. Over the same period, PACCAR Inc, (NASDAQ: PCAR), is off more than 24%. The Cass Freight Index, which measures freight volume and expenditures for trucking, is down by 1.3%.
It is due to a choice of fuels: trains run on coal, which has plunged in cost, and trucks still use petroleum products,
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