NASHVILLE, Tenn. -- Most commercial tire makers have announced price increases that take effect this spring and summer.
Bandag retread material is up 6 percent and Firestone and Dayton brand truck and bus radial tires will increase by the same amount, effective June 1.
Meanwhile, Hankook will also boost medium truck tire prices up 6 percent on June 1, while Continental will implement an upcharge of up to 7 percent for medium truck tires.
Michelin North America replacement truck tires sold in the U.S. are now 7 percent higher; its U.S. and Canada ag tire prices are also up by an average of 4.5 percent, Modern Tire Dealer reports.
As well, Goodyear Tire & Rubber's truck tires went up in price by 8 percent and tread rubber prices increased by 7 percent on May 1.
Earlier in March, Yokohama hiked prices on its light and medium commercial truck tires by up to 7 percent.
(todaystrucking.com)
No comments:
Post a Comment