Arko says it can finance TA acquisition at price higher than BP offer

Convenience store operator Arko is not giving up its quest to acquire TravelCenters of America, despite the fact that TA’s directors have voted unanimously to recommend TA sell to international oil giant BP. In a one-two punch of a press release and an 8-K filing with the Securities and Exchange Commission, Arko (NASDAQ: ARKO) said…

Hello, goodbye: Shipping’s latest entries and exits on Wall Street

Shipping stocks are having a good run, generally outperforming the S&P 500, Dow Jones Industrial Average and NASDAQ 100 during the past three years amid the pandemic and Russia-Ukraine war. For those looking to place more bets on U.S.-listed shipping stocks, the lineup is in flux. There are new listings on the New York Stock…

Current TuSimple employees discuss their work after mass layoffs

TUCSON, Ariz. — TuSimple leaders asked Charles Minear for his take on which of his electrical engineers at the autonomous trucking startup should be included in a 25% staff reduction in December. “I didn’t even know if I was going to be here,” the director of electrical engineering said. Minear was one of three employees…

Lawmakers introduce ‘clear path’ to more truck parking

WASHINGTON — The latest push to expand parking for truck drivers is a synchronized effort by lawmakers in both houses of Congress. The Truck Parking Safety Improvement Act, introduced in the House and Senate on Wednesday, authorizes $755 million over four years through a competitive grant program. The money would be dedicated to increasing and…

Zero emissions as a service, meal kit logistics and trucker fitness – WTT

On today’s episode of WHAT THE TRUCK?!? Dooner is talking about the logistics of home delivery meal kits. Daily Harvest’s Wesley Williams talks about the journey from source to final mile for meal kit delivery.  Zeem Solutions’ goal is to electrify fleets through its zero-emissions-as-a-service model. Don Peer joins us to talk about how Zeem…