FULLERTON, Calif. – Yokohama Tire Corp. has announced it will implement a price increase of up to 8 percent on all of its commercial truck tires in the U.S., effective Feb. 1. There will be in-line adjustments, as well, which will be announced at a later date.
 
“Manufacturing and logistics costs associated with commercial products, unfortunately, have continued to be at high levels,” said Rick Phillips, Yokohama director of commercial sales. “These, along with domestic and global economic pressures, have made initiating the price increase unavoidable. Despite the industry challenges, Yokohama will continue to use the latest technologies and environmental procedures to produce the best commercial tires at competitive prices.”
 
According to TireReview.com, there were more than 100 individual tire price increases in the U.S. and Canada in 2011.