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This increase is based on increasing logistics, raw material cost, and other market factors that have affected internal costs.
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Bridgestone is announcing it will increase prices by 8% on Firestone brand truck and bus radial tires sold in the U.S. and Canada.
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Effective May 1, the company has given a heads up to those who purchase tires for consumer and commercial use.
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Topics include how fuel prices may be impacted by a potential increase in the federal and state fuel taxes and an increase in CAFE fuel efficiency standards; how rising commodity prices may impact the price of fleet products; and how the ongoing global shortage of microchips is slowing vehicle production and increasing lead times.
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Goodyear has launched a new digital portal that allows fleets to buy tires, activate services, and gain deeper insight into their tire programs.
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Truck fleets have spoken, and the use of retread tires is growing in popularity. Medium-duty, last-mile fleets are seeing it to promote sustainability and reduce fleet tire costs, too.
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Reduced tire demand and a decrease in overall miles driven have caused tire manufacturing volume to decline in 2020, creating a downstream ripple effect softening commodity prices for natural rubber, but this may change in 2021.
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The difference between the most and least efficient drivers is a 30% difference in fuel consumption. Fuel is a fleet’s No. 1 operating expense and the best way to control this expenditure is to modify driving behavior, which is the major variability influencing fuel consumption.
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Discount Tire has partnerships with 14 of the largest fleet-management companies in the U.S.
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Goodyear has extended its shutdown of tire manufacturing plants in the Americas "until further notice."
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