Tag: Trucking News

Current Selects Arctic Sales as Its Newest Lighting Agent in Alaska

The agency will represent Current’s DOT and municipality lighting in the largest state in America. CLEVELAND–(BUSINESS WIRE)–GE Current, a Daintree company has chosen Arctic Sales to carry its LED lighting and controls solutions for DOT and municipality applications in Alaska. Arctic Sales is a leading agency that represents manufacturers within the commercial, architectural, industrial and […]

TravelCenters of America Inc. Acquires Two Travel Center Locations for $45 Million

Petro Raphine Expected to Be One of Largest Travel Centers in the U.S. with Nearly 900 Truck Parking Spaces WESTLAKE, Ohio–(BUSINESS WIRE)–TravelCenters of America Inc. (Nasdaq: TA) today announced that it has completed the previously announced acquisition of two travel center locations for $45 million. Located along the Interstate 81 corridor in Virginia, Petro Raphine […]

TravelCenters of America Inc. First Quarter 2022 Conference Call Scheduled for Tuesday, May 3rd

WESTLAKE, Ohio–(BUSINESS WIRE)–TravelCenters of America Inc. (Nasdaq: TA) today announced that it will issue a press release containing its first quarter 2022 financial results after the Nasdaq closes on Monday, May 2, 2022. On Tuesday, May 3, 2022 at 10:00 a.m. Eastern Time, Chief Executive Officer Jonathan Pertchik, President Barry Richards and Chief Financial Officer […]

Auto Dealership Buy/Sell Transactions Soar in 2021 with Record Dealership Valuations, Revenue, and Profits, Accelerating Industry Consolidation

Unprecedented 383 transactions completed in 2021, representing 830 franchises, nearly three times the pre-pandemic average, according to The Blue Sky Report® by Kerrigan Advisors, which predicts blue sky values will continue to hit new records in 2022 as earnings skyrocket in the first quarter, super-charging industry consolidation INCLINE VILLAGE, Nev.–(BUSINESS WIRE)–#BlueSkyReport–The auto dealership buy/sell market […]

Shipwell’s Transportation Management System Has the Recipe for Success This Produce Season

With integrated end-to-end visibility and premium carrier network, Shipwell’s TMS solution will enable companies to successfully navigate this season’s unique challenges Capacity is scarce and expensive during the high-volume shipping produce season: Trucks are hard to find and costly Adopting Shipwell’s solution enables companies to attain 98% on-time performance rates and reduce claims AUSTIN, Texas–(BUSINESS […]

AIT Worldwide Logistics’ Global Office Network Expands to India

Rapidly growing supply chain solutions leader opens new facility in Mumbai with lean business model designed to control logistics costs, improve operational efficiency ITASCA, Ill.–(BUSINESS WIRE)–Global freight forwarder AIT Worldwide Logistics is proud to announce the opening of its newest location in the gateway city of Mumbai, India. Staffed by an initial team of 11 […]

Faraday Future Announces New Brand Campaign as It Partners with Top Global Industry Suppliers to Build the California-Manufactured Techluxury FF 91 EV

Faraday Future’s brand campaign “Born in California. Global DNA” spotlights production in California and the extensive list of global suppliers The campaign spotlights its California assembly of the globally sourced intelligent techluxury FF 91 EV as well as top-tier suppliers from Germany, Italy, the US and more that contribute to FF’s Global DNA   LOS […]