TravelCenters to Sell 10 Million Shares in Secondary Offering
TravelCenters of America, the nation’s only major truck stop chain that is publicly traded, announced a secondary offering of 10 million shares to be priced at $5.69 each.
May 24, 2011TA Launches Phone App for Android Users
TravelCenters of America, the second-largest U.S. truck-stop chain, said it launched a version of its TruckSmart mobile software for Google Inc.’s Android operating system.
May 16, 2011April Truck Sales Leap 41%
Heavy-duty U.S. truck sales leaped 41.1% in April, compared with the same month in 2010, marking the 16th straight month of expansion, and outpacing the in-dustry’s 35.9% growth for the first four months of this year.
May 16, 2011Tornadoes and Trucking
When we read or watch news reports concerning the devastation caused by natural disasters, we usually are able to relate to the tragedies on a human level.
May 12, 2011TravelCenters’ 1Q Loss Narrows
TravelCenters of America said its first-quarter loss narrowed from a year ago.
May 11, 2011April Truck Orders Surge
Orders for new Class 8 trucks in North America shot up dramatically in April to around 38,000, about 160% higher than the year-ago level, lengthening delivery schedules, according to industry officials.
May 9, 2011Truck Order Backlog Grows
As the backlog of orders for heavy-duty trucks has grown to levels not seen since late 2006, at least three of the four major vehicle manufacturers have announced commodity surcharges, with the extra fees as much as $975 a truck.
May 2, 2011Truck Dealers Upbeat About Economy, But Fret Over Fuel Costs, Federal Rules
The American Truck Dealers held its annual convention in Phoenix this month, with members cheerful over the economic rebound but increasingly leery of pending federal regulations.
April 25, 2011More Freight, Fewer Carriers Boost Tankers, Fleets Say
Several tank-truck operators said freight volumes are increasing and rates are moving higher thanks to the combination of that higher level of demand and lower capacity on the carrier side.
April 25, 2011Higher Fuel Costs Lower 1Q Earnings, But Many Fleets Top Year-Ago Results
Sharply higher fuel prices put a significant dent in first-quarter earnings for truckload fleets, but seven of the eight companies that have reported thus far still managed to top year-earlier results.
April 25, 2011