Category: News

TravelCenters of America Inc. reported a fourth-quarter loss and a decline in revenue as diesel gross margins plunged and pandemic-related restrictions remained in place at some of its restaurants.

XPO Logistics appointed Ravi Tulsyan to the newly created position of deputy chief financial officer effective immediately, the company announced Feb. 24.

U.S. consumer sentiment fell in February to a six-month low as expectations remained weak even while lawmakers moved closer to approving another round of financial relief.

Grote Industries announced its newest forward lighting, the 90mm LED High Beam and Low Beam headlamps and the 90mm Combination High Beam/Low Beam LED headlamp module.

China’s Uber-like startup Full Truck Alliance confidentially has filed for an initial public offering that could raise at least $1 billion as soon as this year, according to people familiar with the matter.

Dana Inc. announced Byron Foster joined the company as chief commercial, marketing and communications officer.

WASHINGTON — Democrats are ready to shove a $1.9 trillion COVID-19 relief package through the House on Feb. 26, despite a setback that means a minimum wage boost is unlikely to be in the final version that reaches President Joe Biden.

Nikola Corp. shares slipped after the company cut projected output of its first commercial zero-emission vehicles and said it may seek to raise more capital to invest in facilities such as a planned hydrogen-fueling network.

President Joe Biden has directed the Department of Transportation to conduct a review of the nation’s supply chain in the wake of challenges that arose during the earlier days of the coronavirus pandemic.

The Maryland Department of Transportation has selected Accelerate Maryland Partners to serve as the developer for a major public-private partnership to improve traffic congestion.