Freedonia Focus Reports: Intracity Mass Transit Expected to Continue Driving Growth in US Public Transport Spending

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It is no secret that Americans, given the choice, will often opt to drive themselves rather than take a bus or train. Despite a well-documented love of the car, however, US suppliers of public transport can look forward to modest, yet steady, spending growth on their services through 2020. These findings are featured in Public Transport: United States, a report recently released by Freedonia Focus Reports, a division of The Freedonia Group.

To learn more, visit the report page: http://www.freedoniagroup.com/freedonia-focus/FF95059/public-transport-united-states.htm

In the study, Focus Reports analyzes US personal consumption expenditures (PCE) on public transportation by segment for 2005-2015 with projections to 2020. Total spending is segmented by service…

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Cooper Refreshes Zeon High Performance Line

Cooper has expanded its Zeon high performance line with the Zeon RS3-G1, an ultra high performance, all season version that supersedes the 5-year-old RS3-A as the tire maker’s top-of-the-line performance offering.

Read the source article at home.rubbernews.com

Triangle USA hires customer service manager

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Angelia Wyatt has joined the Triangle Tire USA L.L.C. staff, serving in a dual role of office manager and customer service manager.

Ms. Wyatt will oversee the office’s daily operations, customer service and vendor relations, according to the company.

“Angelia has a wealth of experience in customer service in the tire industry, including coordination of international shipments and warehouse orders, and received very high marks from the many customers she worked with,” said Manny Cicero, CEO of Triangle Tire USA.

“She will play a critical role as…

Read the source article at Tire Business

Discount Tire tops 920 store mark

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Discount Tire/America’s Tire opened four retail stores in the past few months, pushing the Scottsdale-based retailer past the 920-store mark nationwide.

The new stores are in Rhonert Park, Calif.; Dubuque, Iowa; Columbus, Ohio; and Florence, S.C. All are states where Discount Tire already was doing business.

The outlet in Rohnert Park — operating under the company’s America’s Tire signage — is its second store in Sonoma County and 

Read the source article at home.tirebusiness.com

Coping with challenges in commodity industry [VIDEO]

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The second part of the New Straits Times exclusive interview with Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong.

Question: Indonesia, Malaysia and Thailand, which together are producing around 70 per cent of the world’s rubber, are reducing exports by 615,000 tonnes for six months until next month. So far, is this tripartite collaboration effective in supporting rubber prices?  

Answer: Rubber price is still at a very low level. I think the SMR20 pricing is only trading around RM5.06 per kg. The government has a scheme to subsidise the smallholders. More than 90 per cent of the country’s rubber supply is from them. We must continue to help and look after their interest. The top up threshold level is RM5.50.

Besides, there’s a high stockpile of rubber worldwide. As the sixth-largest rubber producer, Malaysia cannot really control the world’s rubber prices. But of course, producing countries are working together to implement the agreed export tonnage scheme.

I know that the International Tripartite Rubber Council, which is made up of representatives from Thailand, Malaysia and Indonesia, is doing its job. Moreover, Malaysia’s export consists more of finished goods such as medical gloves compared with raw rubber.

Video: Report by Ooi Tee Ching 

Read the source article at nst.com.my

Vietnam Tire Market to Cross $ 3 Billion by 2021: TechSci Research Report

Increasing automobile production / assembly and expanding fleet size coupled with favourable government initiatives to drive Vietnam tire market through 2021 According to recently released TechSci Research report, ” Vietnam Tire Market Forecast & Opportunities, 2021 ” , the tire market in Vietnam is projected to cross $ 3 billion by 2021.

Read the source article at cbs8.com

TBR Import Up 40% in Q1 FY17; Chinese Import Continues to Dominate

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India’s imports of radial tires continued to grow in the fiscal first quarter despite a slowdown in the pace, driving local manufacturers to increase the pitch against what they called dumping by China and demand for a safeguard duty on supplies from abroad. 

Imports of truck and bus radial (TBR) tires surged 40% during April-June, while those of passenger car radials increased 22%, the Automotive Tyre Manufacturers Association said. According to the industry body, dumping of radial tyres has reached unprecedented levels. …

Read the source article at Auto News

Kumho Takes Home IDEA Award

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Kumho’s concept tire, ‘the Smasher,’ and ‘the Sealant Tire’ have won the IDEA Award.

Two of Kumho’s products have received the International Design Excellence Award (IDEA) for 2016 in the automotive and transportation category. IDEA is one of the world’s most prestigious design competitions co-sponsored by the Industrial Designers Society of America (IDSA) and BusinessWeek magazine.

Read the source article at Autosphere.ca

Hankook, Kumho, Nexen earn Red Dot honors

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South Korea’s three major tire makers — Hankook Tire Co. Ltd., Kumho Tire Co. Inc. and Nexen Tire Corp. — each received 2016 Red Dot Awards recently for tire design.

The Red Dot Design Awards, which honor outstanding design, communication and concept for innovative products in three categories, are the domain of Germany’s Design Zentrum Nordrhein Westfalen, which has bestowed the awards since 1955.

The winning entries are:

  • Hankook’s DynaSYNC off-road concept;
  • Kumho’s K-Silent Tire and Road Venture MT51; and
  • Nexen’s ‘Green Hive’ tire.

Read the source article at home.tirebusiness.com

Global Tire Industry Report

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This report analyzes the worldwide markets for Tires in Thousand Units for the OEM and Replacement Categories by the following Segments: Passenger Cars, Trucks (Light Trucks, Medium/Heavy Trucks), Buses {Two-Wheelers, Aircraft, and Off-Road-Vehicles…

Read the source article at PR Newswire