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What You Missed in the Biz Brief This Week: December 18, 2013

Posted in: Industry Trends & News

In today’s information-overloaded business world, we often find ourselves deluged with literally hundreds of news items from dozens of sources. While it is likely impossible to read every article and remain productive, by not doing so we risk missing the one article that could change a key business practice or thought process. And that is where the NATSO Foundation’s newest publication, Biz Brief, provides assistance! The NATSO Foundation's Biz Brief is a daily collection of the most relevant business intelligence for truckstop and travel plaza operators. 

While we think the Biz Brief is a must-read every day, if you only read ten news articles this week, these ten most-clicked Biz Brief articles are the ten to read. 

  1. New Fleet Fuel Card Launched 
    Receivables financing firm, DB Squared, has launched a new fuel card program to assist fleets with their over-the-road purchasing needs. The fuel card will include a money transfer system that can be accessed using a website or mobile application. DB Squared is a private finance firm based in Seattle. Click here to read more >
  2. TA Offers 5 Million Shares 
    TravelCenters of America has announced a public offering of 5 million shares of its corporate stock. The proceeds will be used to fund growth strategies and general business purposes. A portion of the proceeds may also be used to fund the recently announced acquisition of a Kentucky-based convenience store chain. The offering process will be managed by a collection of seven investment banking groups. Click here to read more >

  3. Pilot To Buy Partner's Stake 
    Bloomberg News has reported that Pilot will buy London-based CVC Capital Partners' remaining 20 percent share of Pilot Travel Centers. CVC had previously sold approximately half of its equity share to Pilot in 2011. According to a recent report filed by CVC, the transaction will take place in two stages in January of 2015 and June of 2017. The transaction has not been confirmed by Pilot. Click here to read more >

  4. Minnesota Truck Stop To Close 
    Pilot dealer Kermit Watts has announced the closing of his Austin, Minn. travel center. Pilot Travel Center and Watts Cooking on Interstate 90 will close on Dec. 31, 2013. Road construction and $200,000 in improvements required by the Minnesota Pollution Control Agency led to the final decision. The location employs 45 people. Click here to read more >

  5. Pilot Opens LNG Facility In Texas 
    Pilot Flying J has introduced a liquefied natural gas fueling facility at its Austin, Texas travel center on Interstate 10. Natural gas continues to grow as a preferred source of power within the trucking industry. In 2013, 60 percent of new waste trucks purchased in the U.S. were powered by natural gas. Texas has 69 natural gas fueling facilities. Click here to read more >

  6. Diet Soda Sales Plummet 
    Sales of diet soda drinks have fallen 6.8 percent in the last year. At the same time, regular soda sales fell only 2.2 percent, marking the third straight year that diet drink sales decreases have outpaced regular soda losses. One-third of consumers between between 18 and 36 years of age classify sodas as "treats" and do not indulge them on a regular basis. Health concerns related to the artificial sweeteners used in diet drinks seem to be the biggest cause of the trend. Almost half of consumers believe that artificial sweeteners are unhealthy. Click here to read more >

  7. Nevada Offers Online Truckstop Maps 
    The Nevada Department of Transportation has launched an online map indicating truckstop locations on Interstates 15 and 80 in the state. The electronic guide lists the number of truck parking spots and the availability of diesel fuel, food and restrooms/showers at each location. Non-interstate routes will be added in the near future. To view the website, visit http://bit.ly/1iwfRCh . Click here to read more >

  8. Love's Opens Ohio Location 
    Love's Travel Stops has announced the opening of a location on Interstate 75 in Dayton, Ohio. The new facility features 98 truck parking spaces, a Hardee's Restaurant and a truck tire care center which will open later in December. Additionally, bulk DEF will be available at the pump at all diesel lanes, along with RFID cardless fueling technology, CAT scales, and seven private showers. This is Love's eighth Ohio location. Click here to read more >

  9. The Challenges Of A National Freight Network 
    As a part of last year's transportation bill, Congress tasked the Department of Transportation with developing a national freight network. It also provided parameters to guide their work. However, Congress' requirements may not fit into the guidelines. The criteria of volume, value and tonnage will not meet the constraints of the 27,000 mile matrix that Congress has suggested. The outcomes are significant to all parties of the transportation industry as it will guide policy making and federal spending for years to come. Click here to read more >

  10. Diesel Price Drop Forecast For 2014 
    The Energy Information Administration is projecting a decrease in the retail price of diesel for 2014. The average retail price in 2012 was $3.97, with 2013 averaging about $3.92. Next year the price is projected to average $3.77 per gallon. Click here to read more >

I might be biased, but I think if you aren't receiving Biz Brief, you are missing out! Not a subscriber? Be sure to submit a request to be added to the email list. Already receive it and have feedback for me? Be sure to email me at editor@natso.com.

- See more at: http://www.natso.com/blog/what-you-missed-in-the-biz-brief-this-week-december-4-2013-#sthash.OtWdANVl.dpuf

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About the Author

Roger Cole

Roger Cole

Roger Cole serves as edior of the NATSO Foundation's Biz Brief. The Biz Brief is a daily e-newsletter created to provide readers with business intelligence tailored specifically for truckstop and travel plaza owners and operators. Cole shifts through hundreds of news sources daily, selects the most relevant and timely news and then editorially distills it into a must-read briefing.