Bridgestone Will Hike Truck Tire and Bandag Prices
Bridgestone Americas Inc. will raise the prices of its entire Bridgestone-brand commercial truck tire and Bandag retreading portfolio in the U.S. and Canada.
The price hike — of up to 8% — will be effective April 1. Bridgestone says pricing will be implemented at the pattern and article levels and may vary based on the channel. Details will be communicated to national account fleet customers, original equipment manufacturers and dealers no later than March 1.
Bridgestone says the increase "is a necessary step as Bridgestone continues to manage increased business costs including escalating transportation and raw material costs that are forecast to continue into the second half of the year."