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North American truck tire manufacturers have imposed a new round of price increases, generally about 8%, citing higher raw material costs that coincided with greater tire sales and some reports of tire shortages.

Commercial vehicle component manufacturer Accuride Corp. Thursday said it posted a third-quarter profit compared with a loss a year ago, as net sales jumped 42%.

The U.S. economy’s service sector expanded at a faster pace in October, the Institute for Supply Management said Wednesday.

U.S. manufacturing activity improved in October, the Institute for Supply Management said Monday.

Wabco Holdings said it earned a profit of $44 million, or 66 cents a share in the third quarter, compared with a loss of $33.8 million, or 52 cents, a year ago.

New building techniques and innovative materials are helping to make trailers, especially dry vans and reefers, lighter, more fuel efficient and better at fighting corrosion, manufacturers said.

Cummins Inc. said Tuesday its third-quarter profit almost tripled, led by strong performances in its engine segment and international markets.

Manufacturing levels in the Philadelphia region expanded in October for the first time in three months, the Federal Reserve Bank of Philadelphia said Thursday.

The U.S. economy’s service sector expanded at a faster pace in September, the Institute for Supply Management said Tuesday.