Guess what the most popular original equipment and replacement truck tire sizes in the U.S. were in 2018? Here's a hint: The were the same as in 2017. And 2016. And 2015. According to the preliminary edition of the latest U.S. Tire Manufacturers Association (USTMA) Factbook, the same five OE truck tire sizes -- in the same order -- have topped the truck tire size list for the last four years: Top 5 OE Truck Tire Sizes in the U.S. in [...]
SOURCE : TIRE BUSINESS WASHINGTON — The U.S. Department of Commerce has handed down final countervailing and antidumping duty orders on truck and bus tires from China, two weeks after the International Trade Commission (ITC) reversed its original determination on the issue. The duties — ranging from 20.98 to 63.34 percent countervailing and 9 to 22.57 percent antidumping — take effect immediately, according to notices published [...]
Yokohama Rubber Co. Ltd. posted net income of 35.6 billion yen on net sales of 650.2 billion yen for the fiscal year ended December 31, 2018. That compares to income of 40.0 billion yen on sales of 646.3 billion yen in fiscal 2017. Based on the Dec. 31, 2018, exchange rate, Yokohama record net income of $322.0 million on sales of $5.9 billion. The company’s income-to-sales ratio was 5.5%. The company’s earnings were down 10.9% and operating profit fell 1.4% versus [...]
Facebook Twitter Google+ LinkedIn Mail Posted on February 5, 2019 Goodyear Tire & Rubber Co. was the first tire manufacturer to offer an e-commerce option for consumer tires. It is now the first tire manufacturer to sell commercial tires online. At the recent 2019 Goodyear Customer Conference in Dallas, Goodyear announced the new e-commerce program for commercial tires is in the testing stage, and will officially launch in the third quarter of this year. It will be available via Goodyear’s commercial tire [...]
The Minnesota Trucking Association named Arthur Stoen, who drives for Kane Transport in Inver Grove Heights, Minnesota, its 2018 Minnesota Driver of the Year. Stoen, from Austin, Minnesota, has driven for 55 years and more than 4.4 million safe miles. (Left to Right) John Hausladen, MTA President, Captain Jon Olsen, Minnesota State Patrol, Art Stoen, Kane Transport, and Matt Marrin, FMCSA (MTA photo) “Art is hard working, safe, efficient and reliable, and truly understands customer service and expectations of a driver,” said John Shaleen, director [...]
Groupe Michelin's planned acquisition of Indonesian tire manufacturer PT Multistrada ArahSarana Tbk sets up a domino effect the company says is in line with its growth strategy. Here's how it works. By agreeing to purchase 80% of Multistrada for close to $439 million, Michelin says it gains a "local plant with good quality facilities" and "immediately available" annual production capacity broken out as follows: * 11 million passenger tires; * 9 million two-wheel tires; and * 250,000 truck tires. Michelin will gradually convert production [...]
