In a small North Carolina town, a company is using old tires to mine cryptocurrencies msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
USTMA study uncovers post-pandemic trends
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WASHINGTON Newly released data from a study that was a long time in the making shows the tire industry fared better than the overall economy during the economic depths of the COVID-19 pandemic.
The U.S. Tire Manufacturers Association reports spending on tires fell 15 percent from February to April 2020. While the drop is substantial, the figure compares favorably with the overall spending decline of 19 percent, the trade group said.
USTMA officials started examining the idea of a study back in 2019 as they looked for information to help guide decisions for the next decade. But before the exact parameters of the research were nailed down, the pandemic hit and caused a re-evaluation of the scope, according to Anne Forristall Luke, CEO of USTMA.
Peggy Fisher: Expect robust recovery in last half of year tirebusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tirebusiness.com Daily Mail and Mail on Sunday newspapers.
Commercial tire, retreading sectors on solid footing
Commercial tire, retreading sectors on solid footing
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AKRON By most industry metrics, the commercial trucking industry and by direct association, the commercial tire and retreading sector is on track for a solid year as the North American economy recovers from the pandemic-induced slump throughout most of 2020.
Economists who track the trucking industry are predicting growth overall in trucking activity, although it s a bit inconsistent varying by region and sector.
Those fleets that deal in consumer goods, especially those with last-mile delivery, fared well throughout the pandemic, but others such as tanker fleets suffered.
Commercial tire, retreading sectors on solid footing
Commercial tire, retreading sectors on solid footing
Print
AKRON By most industry metrics, the commercial trucking industry and by direct association, the commercial tire and retreading sector is on track for a solid year as the North American economy recovers from the pandemic-induced slump throughout most of 2020.
Economists who track the trucking industry are predicting growth overall in trucking activity, although it s a bit inconsistent varying by region and sector.
Those fleets that deal in consumer goods, especially those with last-mile delivery, fared well throughout the pandemic, but others such as tanker fleets suffered.