Truck News

News

Rising costs force Yokohama to jack tire prices

FULLERTON, Calif. -- Long-running increases in raw material and transportation costs have caused Yokohama Tire Corp...


FULLERTON, Calif. — Long-running increases in raw material and transportation costs have caused Yokohama Tire Corporation to adjust prices of its commercial truck and bus tires, effective May 1.

“We have been doing our best to contain costs of raw material, manufacturing and transportation,” said John Cooney, director of commercial sales for Yokohama. “Now an increase of up to 5% in the prices for truck and bus tires has become unavoidable and necessary to equalize the soaring costs.” In-line adjustments are also slated to be announced at a later date.

“Unfortunately, our costs continue to increase,” said Jim MacMaster, Yokohama executive vice-president, Business Division, “but Yokohama is committed to bringing the best products to the market at competitive
prices by integrating operational efficiencies, environmental procedures and the latest technology.”


Truck News

Truck News

Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.
All posts by

Print this page
Related Articles
TruckNews
TodaysTrucking


Have your say:

Your email address will not be published. Required fields are marked *

*