GMC's actually did get GMC engines in the Heavy Duty 9700-9700 HD series trucks. Yours is a 9700 HD. The GMC 248 was Standard, and the 270 optional.
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Spanky Hardy
Collector Of Fine Old G.M. COE Trucks & Antique Holmes Wreckers

1948 Chevrolet 5700 COE Holmes HD W35 Wrecker
In the Stovebolt Gallery
More pictures on Photobucket

1950 GMC 250 1-Ton
In the Stovebolt Gallery