Sika raises prices across its Target Markets to maintain customer service levels while securing logistics and freight capacity

Transportation challenges cited include driver shortages, increased regulations, and short supply of traditional logistic solutions


May 29, 2018


Starting in June, Sika will be increasing prices or adding logistics surcharges in response to continuing challenges for transportation and logistics throughout the United States.  These increases will be specific to each business unit in order to offset some of the cost escalations being experienced in each.  They will be implemented beginning June 1, 2018 and as contracts permit.

 

“We have worked hard over the last 18 months to ensure we meet the growing demands of our customers despite rising costs and challenges in freight and overall logistics,” said Rick Montani, President and CEO.  “We have been, and will continue, implementing new and innovative solutions in company-wide logistic initiatives to make sure our consistency in supply and service continues at a high level for our Customers.

 

”All Sika businesses have been impacted by driver shortages, increased regulations, higher fuel prices and tight supply among other logistical challenges.  The company is committed however to continuing to employ innovative solutions that minimize impacts to our Customers.