Truck owners will pay an average of 8% more for a light- or medium-duty commercial truck tire from Yokohama Tire Corp. after July 1. The company, citing the rising cost of raw materials, announced the price change yesterday
Truck owners will pay an average of 8% more for a light- or medium-duty commercial truck tire from Yokohama Tire Corp. after July 1. The company, citing the rising cost of raw materials, announced the price change yesterday.
“Other factors also influenced the increase, such as the costs associated with manufacturing and transportation, which continue to escalate,” said Rick Phillips, director of commercial sales.
This is the second 8% price increase from the company this year. On April 1, light- and medium-duty tires saw an 8% increase, also due to rising costs, the company said.
Yokohama also pointed out that there will be “in-line adjustments” as well, to be announced at a later date.
Voice your opinion!
To join the conversation, and become an exclusive member of FleetOwner, create an account today!
Downtime is expensive. This guide shows you how to keep your eet running, reduce repair surprises, and protect your margins—because when your trucks aren’t moving, you’re not...
Learn how fast oil changes can optimize vehicle downtime for fleet owners. Improve revenue and employee productivity while ensuring customer satisfaction with efficient maintenance...
Learn how fast oil changes can optimize vehicle downtime for fleet owners. Improve revenue and employee productivity while ensuring customer satisfaction with efficient maintenance...
