(Reuters) - Ryder has responded to that decline by cutting its rental
fleet by 10 percent and moving more trucks to leasing contracts
where pricing is firmer.
Swienton also said the company's conservative outlook for
the second half of this year - the CEO said earlier in the day
during a conference call with analysts that he expected
continued weakness in the U.S. economy during the second half
of 2007 - was based on the "reality of what we've been hearing
from our customers."
Read more at Reuters.com Market News
fleet by 10 percent and moving more trucks to leasing contracts
where pricing is firmer.
Swienton also said the company's conservative outlook for
the second half of this year - the CEO said earlier in the day
during a conference call with analysts that he expected
continued weakness in the U.S. economy during the second half
of 2007 - was based on the "reality of what we've been hearing
from our customers."
Read more at Reuters.com Market News
No comments:
Post a Comment