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
June 14, 2011
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!
Leaders of Brakebush Transportation, a century-old family business, share some of their innovative strategies and deep commitments to drivers that earned their operation FleetOwner...
By extending asset life cycles strategically, organizations can mitigate financial risks associated with fleet management while maintaining operational efficiency.