26 Feb TravelCenters of America Reports Mixed 4Q, Annual Results TravelCenters of America, the nation’s only publicly traded truck stop network, reported a narrowed loss in fourth-quarter net income but an increase in revenue. Read more...
26 Feb Grocery Delivery Helps Costco Edge Amazon in Consumer Satisfaction Survey Costco Wholesale Corp. may be a latecomer to e-commerce, but consumers love it even more than Amazon.com, according to a customer satisfaction survey released Feb. 26. Read more...
26 Feb Autonomous Advancements Present Opportunities for Drivers, Experts Say SAN DIEGO — Autonomous mobility experts said that the technology can open up new opportunities for drivers, noting that as progress on greater levels of automation expands over time, drivers will have chances to capitalize on that change. Read more...
26 Feb Nikola Chooses Mark Russell as President Mark Russell has joined Nikola Corp.’s executive management team as president at a time when the company said it is poised to start production of several groundbreaking zero-emissions vehicles. Read more...
26 Feb Warning Signs Flash for Detroit as Jeep Wranglers Pile Up on Dealer Lots An unexpected spike in inventory of Fiat Chrysler Automobile NV’s iconic Jeep is stoking concern that the American SUV boom that has fueled Detroit automakers’ profit is reaching its limits. Read more...
26 Feb Vancouver Squeezed for Industrial Space, Canadian Brokerage Says The market for industrial space is so hot in Vancouver, British Columbia, the city may run out of land for the sector, according to brokerage CBRE Ltd. Read more...
26 Feb Drivers, Coaches Honored at Awards Ceremony SAN DIEGO — Lytx recognized the safety performance of drivers and coaches at an awards ceremony held here during its annual user group conference. Read more...
26 Feb T&I Ranking Republican Sam Graves Slams Green New Deal Democrats’ Green New Deal manifesto aimed at revolutionizing the country’s transportation system by drastically reducing fuel emissions was described as a fantasy by the top Republican transportation policymaker in the U.S. House of Representatives. Read more...
26 Feb Allison Transmission Reports Record Revenue, Net Income for 2018 Allison Transmission Holdings Inc. reported record annual revenue and net income for 2018 while tax-related and interest expense factors led to mixed fourth-quarter results. Read more...
26 Feb Musk Faces Contempt Claim for Violating Accord With SEC Elon Musk is facing a new round of regulatory trouble for tweets about Tesla Inc., raising fresh concerns about the chief executive officer’s ability to keep his impulses in check and responsibly run a public company. Read more...