TravelCenters of America Inc. acquires two Travel Center locations for $45 Million

Travel Centers of America 350TravelCenters of America Inc. announced the acquisition of two travel center locations for $45 million. Located along the Interstate 81 corridor in Virginia, Petro Raphine and TA Lexington have been successful TA franchise locations since 2011. TA expects to realize significantly more cashflow from owning these locations than as franchise locations and forecasts these locations will generate approximately $9 million of site-level EBITDA in 2023.

Read more: TravelCenters of America Inc. acquires two Travel Center locations for $45 Million

White House unveils plan for electric vehicle charging stations

Truck EV charger 350With significant numbers of both car and truck manufacturers now producing electric vehicles, the White House announced a national plan for increased access to electric vehicle charging stations.


Adoption of electric vehicle technology for the big rigs faces some major hurdles, foremost being batteries that will allow the trucks to move long distances without recharging.

Read more: White House unveils plan for electric vehicle charging stations

FMCSA sets Sept. 30 deadline for missing driver exam results

FMCSA DOT Medical Exam 350The Federal Motor Carrier Safety Administration (FMCSA) has set a Sept. 30 deadline for medical examiners to submit results of physical qualifications examinations of truckers conducted during the National Registry of Certified Medical Examiners outage from Dec. 1, 2017, through Aug. 12 of 2018.

Read more: FMCSA sets Sept. 30 deadline for missing driver exam results

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