Transport Topics (March 1, 2020)
TravelCenters of America Inc. reported a fourth-quarter loss and a decline in revenue while also noting it is preparing for the alternative energy market. The company reported a net loss of $7.2 million compared with a net profit of $43.1 million a year earlier. Revenue fell to $840 million compared with $1 billion in the 2019 period. TA said it will be onboarding dedicated leadership and finalizing a strategy for collaborations and ventures relating to alternative energy.
