UBS analyst Steven Fisher says his firm's latest proprietary truck survey showed positive preliminary results. Of the 50 independent U.S. trucking company responses, 55% said business conditions are better than last year, 70% expect freight demand to grow in the second half of the year and 75% expect truckload capacity to tighten over the next 12 months, Fisher tells investors in a research note. The analyst thinks increased freight demand and tighter truckload capacity could result in additional truck purchases and is incrementally more positive on shares of Paccar. He reiterates a Buy rating on the name with a $75 price target.