Heavy-duty wheel and wheel-end manufacturer Accuride Corporation filed for Chapter 11 bankruptcy on October 9, 2024. In a Chapter 11 bankruptcy, a company will typically reorganize their debt and finances and emerge successfully as a going concern. The repayment plan to creditors is decided by creditors and the bankruptcy court but their interest is to keep the…
Brake Drum Price Increases
2024-10-08T21:47:44+00:00With the petition filed by Webb for anti-dumping duties (ADD) and countervailing duties (CVD) on 15” to 16.5” brake drums from China and Turkey, drum prices will go up. After all, Webb filed the petition because they cannot profitably sell brake drums in the U.S. market since customers are not willing to pay a premium for…
Stop! It’s Brake Safety Week
2024-08-26T22:20:53+00:00This week is CVSA’s Brake Safety Week and it’s important to encourage your customers to ensure that their brakes are working correctly. Brake Safety Week is a critical reminder of the importance of vehicle safety and the role that properly functioning brakes play in preventing accidents. Whether you’re a fleet operator or owner-operator driver, understanding the…
2024 Brake Drum Issues
2024-07-31T17:12:17+00:00Just when we thought supply chain issues were over and brake drum prices were normalizing, two major issues have arisen causing turmoil in brake drum pricing. Anti-Dumping/Countervailing Duties The first issue is that an anti-dumping duty/countervailing duty petition was filed by Webb Wheel with the International Trade Commission and the Department of Commerce. This petition alleges…
Rebuilding Air Disc Brake Caliper vs. Buying a New Air Disc Brake Caliper
2024-03-28T22:40:08+00:00The brakes on your car, truck, trailer, bus, or specialty vehicle are an essential piece of equipment. If there’s a malfunction, there’s likely to be significant damage, injury, and liability. Replacing your pads, shoes, drums or rotors yourself can be an easy and straightforward job, and some mechanics or owner-operators perform the job correctly. With those components, you…