TravelCenters of America posts $1.2B revenue gain selling less fuel

TravelCenters of America Inc.’s second quarter net income jumped 121% as revenue climbed to $3.1 billion from $1.8 billion a year earlier, despite a decline in sales of diesel and gasoline.

The company’s nonfuel revenue for the quarter was $553 million, a gain of 10.3% gain compared with the 2021 period. Revenue from truck service increased 12.4% to $218 million compared with a year earlier.

“While results benefitted from favorable fuel purchasing conditions created by extraordinary volatility, a...

https://www.freightwaves.com/news/travelcenters-of-america-posts-solid-q2

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