Check out what’s new with light-, medium-, and heavy-duty commercial truck tires and what fleet trends are driving these tire-related trends.
Many tire OEMs have increased prices in CY-2021, ranging from 3-10% depending on type of tire and size. Higher commodity prices and increased ocean freight rates are being passed on to end users as OE profit margins compress.
Most of the subject matter experts that we spoke to expect an increase in tire prices, although predicting future tire costs is difficult due to variables that influence tire pricing.
Retread tires offer comparable performance to a new tire in a more environmentally friendly package. Here’s how to make sure they last.
Expect higher prices and tighter supplies. Imports of radial truck tires from China into the U.S. have dropped 25% in the first three months of 2019, from more than 1.8 million to just shy of 1.4 million, compared to the same period a year ago.
Toyo Tire U.S.A. will increase the price of almost all of its commercial tires on May 1 with just one exception.
Dayton brand truck and bus tires will see a 20% price increase which Bridgestone Americas says is the result of increased business costs and market dynamics.
Upward cost pressures on replacement tires have emerged in 2018, due to higher cost for the commodities used to manufacture tires and the trend to larger diameter 17- to 18-inch wheels, which are more expensive to replace.
Bridgestone Americas Tire Operations LLC and Bridgestone Canada Inc. will increase the price of Firestone brand truck and bus radial tires on Feb. 1, 2019.
Tire prices will continue to rise with increases in raw material costs, tariffs, and a more robust economy fueling growing fleet needs.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In
