I have a Cummins 5.9 liter, inline 6, 'standard output' in my truck. I think it's a common style of design for a medium/heavy duty engine, using a long stroke, high compression (16 to 17 to 1 in mine), a turbo, high pressure common rail fuel injection, and a massive, stiff block. The engine weighs over 900 lbs. The peak torque of 460 ft lbs (600 in the new models) is at around 1600 rpm, and it produces 235 max horsepower (300 or so in the new ones) horsepower at around 2700 to 2800 rpm. Redline is something like 3000 rpm. Horsepower ratings are typically low for diesels, and are in fact misleading due to the common practice of reporting peak HP. Looking at say 350 hp engines, one could be talking about a drag bike, a hot 2 liter gas engine, a medium sized gas engine in a truck or car, or a large diesel producing 1500 to 2500 ft lbs of torque. If you're trying to get 80k lbs of loaded truck moving, the low rpm torque ends up producing decent amounts of hp at a low rpm, at least compared to a peaky, smaller displacement engine that can end up producing lots more peak hp, but little power at low rpms.
The high torque seems to be a product of the high compression, and the nice long stroke which provides ample opportunity to get as much fuel injected as possible. For high HP in a smaller displacement you'd want more cylinders, and a larger bore with a shorter stroke to get the rpms up. For maximum fuel economy I'd think that a smaller displacement turbodiesel runnning at higher loads would work better than a lugging a larger one, but one would need more gears for handling heavier loads.
The high torque seems to be a product of the high compression, and the nice long stroke which provides ample opportunity to get as much fuel injected as possible. For high HP in a smaller displacement you'd want more cylinders, and a larger bore with a shorter stroke to get the rpms up. For maximum fuel economy I'd think that a smaller displacement turbodiesel runnning at higher loads would work better than a lugging a larger one, but one would need more gears for handling heavier loads.