Bridgestone Commercial Solutions, a unit of Bridgestone Americas Tire Operations, has announced effective immediately that it has raised prices in the U.S. and Canada on its Bridgestone and Firestone brand truck and bus tire products, Bandag brand retreads and related retreading materials.
What’s more, the tire maker added, the price of Bridgestone, Firestone and Continuum OTR tire products and retread rubber will increase effective Aug. 1.
The total average increase for all of the products listed above will be 11 percent, said Bridgestone.
“Volatile market conditions continue to provide many challenges to the transportation industry, and Bridgestone Commercial Solutions is certainly not immune to the rising cost of doing business,” said Kurt Danielson, president, Bridgestone Commercial Solutions.
“We are particularly impacted by intense supply pressures and escalating raw materials, making this increase necessary at this time,” he added.
