TravelCenters of America

Driverless truck developers are looking to third-party validators to back their safety claims.

TravelCenters of America brings up failed deal in argument for BP purchase.

Nikola Corp.’s hopes for a zero-emissions trucking future may be realized without the startup being part of it.

Inside this edition: It’s never too late to adopt sustainable choices; head on to the blue markets; and the battle rages on for TravelCenters of America.

TA expects to be bought by BP next month, but spurned suitor Arko is continuing to hone its offer for the truck stop giant.

In the latest back-and-forth between Arko and TA, Arko cites a specific financing amount it can obtain, arguing its bid to acquire the truck stop operator is superior to BP’s.

Inside this edition: The battle over broker transparency might finally be over; carrier retention helps in the long term; and the claim for TravelCenters of America gets another player. 

TravelCenters of America has again rejected a bid by convenience store operator Arko, which revealed itself as the late bidder competing with BP.

Convenience store chain Arko has been identified as the previously unknown bidder for TravelCenters of America.

From one store he and his wife opened in 1964, Tom Love oversaw the growth of Love’s Travel Stops to 600 locations.

Nikola Corp. maintains it can raise capital through equity sales, but its auditor says that’s uncertain, prompting a notice of going concern.

Estar más abajo genera más créditos ecológicos, pero ¿puede conseguir que los VE entren en una parada de camiones para cargar sus baterías?

BP is buying Travel Centers of America at a good price per outlet and stands to get environmental benefits that can be measured in dollars.

La venta pone fin a un largo proceso de reestructuración

TravelCenters of America is being bought by oil giant BP.

Daimler Truck created capacity for 2,000 battery-electric trucks in 2022, but the lack of charging infrastructure stunted deliveries.

The key benchmark price used for diesel surcharges increased as the market absorbs divergent sets of data.

TravelCenters of America Inc. announced Tuesday it topped $2.8 billion in revenue for the third quarter.

This week: Pilot donates $100,000 to Hire Heroes USA; Scrubblade becomes a sponsor of the St. Christopher Truckers Relief Fund; and TravelCenters of America starts taking nominations for its trucker awards.

TravelCenters of America is leaving the Canadian market after agreeing to sell the site of its truck stop in southwestern Ontario.

Electric truck maker Nikola projects it will build 300-500 battery-electric trucks this year and post up to $150 million in revenue.

El control de la tesorería es una prioridad al comenzar la segunda fase de la planta de Arizona

This week: the UPS Foundation enters its 70th year of giving back, Everyday Heroes will auction off Kenworth T680 Next Gen for Truckers Against Trafficking and TA raises $102,000 for St. Christopher Trucker’s.

TA’s diesel sales figures are a strong indicator of demand for the fuel, and they suggest that the third quarter wasn’t that much stronger than the second.

With globally common hoses and hardware, hydrogen fuel cell truck supporters think they have closed the gap with diesel fueling times.

Diesel sales were up 21.2% from last year, but were less profitable on a per-gallon basis

This week: TA’s Register Round Up Campaign begins, Chicago-based Loadsmart gives back to the community and ParkMyFleet’s solar car race is thwarted by a breakdown.

Diesel sales at the company showed a slight decline from the fourth quarter but were significantly higher than Q1 2020.

Truck Talk is a weekly newsletter with perspective and context on the trucking industry, alternative transportation, powertrains and autonomy.

After a delay in getting hydrogen infrastructure partners, Nikola cuts its second deal in a week, this one withTravelCenters of America.

How not-in-my-backyard activists delayed efforts to invest in trucking on a Tennessee interstate.

Truck Talk is a weekly newsletter where FreightWaves adds context, commentary and color to industry news and trends.

Truck Talk is a weekly newsletter where FreightWaves adds context, commentary and color to industry news and trends.

In today’s edition, we highlight the upcoming public listing for a self-driving truck startup; the market’s impact after the winter storms; and a startup’s earnings reports.

FreightWaves Truck Talk is a weekly newsletter adding perspective, context and commentary to industry news and trends.

Love’s Travel Stops is offering $75 to each of 28,000 employees across its businesses who voluntarily get the COVID vaccine.

TravelCenters of America counted more than $88,000 in small change for the St. Christopher Trucker Relief Fund, bringing the charity close to its $1 million fundraising goal.

In today’s edition of The Daily Dash, supply chain resiliency, digitization and trends were among the focus of the North American Supply Chain Summit on Tuesday. Plus, TravelCenters of America takes out a loan and more drivers might be failing drug and alcohol tests.

TravelCenters of America caps its first year under new CEO Jonathan Pertchik by posting practically all its assets to secure a $200 million loan to carry out the turnaround expert’s business makeover.

Truck stops using generators to reopen stores.

Logistics aid network seeking assistance from transportation sector.

TravelCenters of America has been forced to close some restaurants again as an increase in COVID-19 cases has tightened restrictions on dining out in some regions.

After cutting the price by more than a third from a new stock offering of $75 million, TravelCenters of America shares fell below the revised asking price Wednesday.

Six months of Jon Pertchik’s high-energy leadership of TravelCenters of America took a hit Monday when a $75 million offering of new company stock met with a selloff that drove shares almost 24% lower than the asking price.

Fleet management solutions provider Samsara looked at 130 million trips since the beginning of 2020 and found truck traffic running at 95% of prepandemic volumes, with more speeding and less hard braking.

The gradual restart of the economy includes dine-in restaurants at the travel plazas dotting American highways. Truckers will find socially distanced seating and fewer menu offerings — if they leave their trucks to investigate. Some say they won’t bother.

TravelCenters of America is focusing on franchise growth to close the gap in travel center locations with its larger competitors Pilot Co. and Love’s Travel Stops & Country Stores.

The same health crisis that made TravelCenters of America an essential business during the coronavirus pandemic burned into non-fuel revenue in late March, leading to a first-quarter loss.

Less than six months after he was hired, turnaround veteran Jon Pertchik refashions the travel plaza and truck stop business with an emphasis on getting costs in line with spending.

TravelCenters of America is laying off more than 3,000 employees because its full-service restaurants are idle and stay-home orders keep most motorists off the highways.

Amazon is placing new grocery delivery customers onto wait lists as it seeks to shore up orders and deliveries for existing customers. Plus, traffic declines could jeopardize road projects, just-in-time delivery impacts resupply efforts and retail sales face a long slog back to growth.

Growing awareness of a 12-year-old relief fund for semi-truck drivers is attracting more and bigger donations as the coronavirus pandemic highlights health risks to truckers hauling critical freight.

Trucking and travel plaza trade groups urge states to cut slack to truckers delayed by overzealous social distancing so critical freight can keep moving during coronavirus pandemic.

Travel plazas are balancing social distancing to prevent the possible spread of coronavirus with providing food and services to truckers, whose dining options in some cases are limited to drive thru and carryout.

Deutsche Post World has lowered its guidance for the year and cited Amazon’s continuing insourcing of logistics as a major reason. Plus, Goldman Sachs is predicting a 5% contraction in the economy, labor shortages could hamper restocking of shelves, and the Fed slashes interest rates.

Crafting a mission statement and values for TravelCenters of America is among myriad tasks veteran turnaround expert Jon Pertchik is taking on in his latest project.

Higher fuel sales and restoration of the federal tax credit for biodiesel blending boosted the bottom line. However, operating margins continued to be under pressure and the travel center operator borrowed money to cover general expenses.

The biodiesel blender credit reinstated by Congress Dec. 17 is a $3 billion a year boost to a less-polluting diesel fuel.

Travel Centers of America named turnaround expert Jonathan Pertchik its new CEO, effective immediately.

TravelCenters of America announced higher fuel volumes and revenue, but one-time charges led to a quarterly loss.