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Category: Featured

XTRA LEASE ADDS 4,000 NEW TRAILERS IN 2020

XTRA LEASE ADDS 4,000 NEW TRAILERS IN 2020

| May 27, 2020

Renting or leasing equipment, gives fleets an opportunity to operate new trailers, even while their own orders are on hold New trailers are coming off production now for XTRA Lease, the nation’s leading provider of semi-trailer rentals and leases, which has ordered approximately 4,000 new trailers for 2020. With the industry and economy suffering an […]

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TravelCenters of America to Open Petro Stopping Center in Monteagle, Tennessee

TravelCenters of America to Open Petro Stopping Center in Monteagle, Tennessee

| May 26, 2020

Franchise Agreement Signed with Local Business Owners TravelCenters of America Inc. (Nasdaq: TA) announced that it signed a franchise agreement to open a Petro Stopping Center in Monteagle, Tennessee. Operated by new franchisees Brian Graber, Tammy Graber and Rodney Kilgore, the new travel center will be located on 21 acres at Interstate 24, Exit 135 […]

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COVID-19 Impact Most Severe Now, Potential for Recovery Starting to Emerge

COVID-19 Impact Most Severe Now, Potential for Recovery Starting to Emerge

| May 26, 2020

ACT Research is cautiously optimistic that there is an end in sight economically According to ACT Research’s recently released Transportation Digest, the COVID-19 pandemic is having its most severe impact on North American, and global, economic activity right now. The report noted that the extent of the shock was a near total surprise to businesses […]

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QuikQ Fuel Cards and CAT Scale Announce Mobile Payments

QuikQ Fuel Cards and CAT Scale Announce Mobile Payments

| May 26, 2020

QuikQ Fuel Cards Announces Contactless Payment Integration Through the Weigh My Truck™ App QuikQ LLC is pleased to announce that it has partnered with CAT Scale to provide drivers with a convenient way to pay for their weigh directly from the cab of their truck using the Weigh My Truck™ mobile app. The Weigh My Truck […]

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Motor Vehicle Fatality Rates Jump 14% Despite Quarantines

Motor Vehicle Fatality Rates Jump 14% Despite Quarantines

| May 26, 2020

Preliminary estimates and data show emptier but riskier roads during COVID-19 pandemic Says National Safety Council Preliminary estimates from the National Safety Council show that as Americans began driving less and covering fewer miles, the emptier roads became more lethal. Early data indicate a year-over-year 14% jump in fatality rates per miles driven in March, in spite […]

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XPO Logistics Announces Pricing of Private Offering of $300 Million of Senior Notes

XPO Logistics Announces Pricing of Private Offering of $300 Million of Senior Notes

| May 22, 2020

XPO Logistics, Inc. announced the pricing of its previously announced issuance of $300 million of 6.250% Senior Notes due 2025 (the “notes”). The notes will be issued as an add-on to the Company’s existing 6.250% Senior Notes, of which XPO currently has $850 million outstanding, pursuant to the indenture, dated as of April 28, 2020, […]

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