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TravelCenters of America Reports Q4 Net Loss, Eyes Alt Fuels

TravelCenters of America Reports Q4 Net Loss, Eyes Alt Fuels TA s fuel gross margin dropped 46.3% to $79.3 million in the fourth quarter compared with $147.6 million a year earlier. (TravelCenters of America) 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. The company also noted it is preparing for the alternative energy market. For the period ended Dec. 31, the company reported a net loss of $7.2 million, or a loss of 42 cents per share, compared with net profit of $43.1 million, $5.29, a year earlier.

Analysis: Apex deal makes Kuehne + Nagel largest air forwarder

Analysis: Apex deal makes Kuehne + Nagel largest air forwarder
freightwaves.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freightwaves.com Daily Mail and Mail on Sunday newspapers.

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