Cuando las paradas de viaje de Love anunciaron un Nueva ubicación en Bakersfield, California En agosto, no fue solo una nueva parada de viaje en su red. Agregó 111 lugares de estacionamiento y fue descrito como uno de los puntos de venta más grandes de la red de Love’s. Pero también planteó una...
Love’s Travel Stops
Love’s in California: Gauging impact of Advanced Clean Fleets rule demise
When Love’s Travel Stops announced a new location in Bakersfield, California in August, it was not only a new travel stop in its network. It added 111 parking spots and was described as one of the biggest outlets in the Love’s network.
But it also raised a question: why build a travel stop that dispenses diesel fuel as a major part of its business in a state that had a pair of regulations in place, the Advanced Clean Truck (ACT) rule and the Advanced Clean Fleet (ACF) rule, that were designed...
Judy Love, co-founder of Love’s Travel Stops, dies at 87
Judy Love, the co-founder of Love’s Travel Stops, died on Tuesday in Oklahoma City. She was 87.
Love founded the travel stop alongside her husband, Tom, in 1964 with a $5,000 loan. Together, they grew the company into an empire of more than 640 locations across 42 states. Love is also remembered for her philanthropic spirit, including support of education, health care and community development.
The company announced Love’s death, remembering her as a financial leader for the company. She served...
https://www.freightwaves.com/news/judy-love-co-founder-of-loves-travel-stops-dies-at-87
CEO says Relay covers 75% of diesel payment market after Love’s deal
Relay Payments, its recent deal with Love’s Travel Stops in place, said its payment system now covers about 75% of all diesel sales in the U.S.
That’s extensive coverage for a payments company – a field that is as competitive as any in trucking – that only began operations in 2019 and at first was only used for making warehouse payments.
In announcing its integration with Love’s, Relay Payments said its customers would be able to use Relay for “secure, over-the-road payments, including fuel,...
https://www.freightwaves.com/news/ceo-says-relay-covers-75-of-diesel-payment-market-after-loves-deal
Love’s acquires freight factoring portfolio from REV Capital
Love’s announced Monday that its financial services unit has acquired a freight factoring portfolio from REV Capital. The deal adds more than 500 customers to the Love’s Financial platform.
Financial terms of the transaction were not disclosed. The deal closed on Friday.
“During a challenging freight market, this acquisition underscores Love’s commitment to grow strategically as a leader in helping owner operators and fleets of any size grow their business,” said Love’s President Shane Wharton in...
https://www.freightwaves.com/news/loves-acquires-freight-factoring-portfolio-from-rev-capital
FreightWaves Infographics: Love’s cuts some services but boosts training opportunities in tight job market
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Love’s cuts some services but boosts training opportunities in tight job market
Two seemingly separate decisions by Love’s Travel Stops — one publicly announced, the other revealed through social media chatter — together illustrate steps the company is taking to deal with a seemingly relentless tight job market.
The operator of truck stops announced on Monday “tuition-free education and skill development” in a program called Fuel Your Growth.
Meanwhile, a spokeswoman for Love’s confirmed social media reports that the company is “adjusting its overnight operating hours” at...
Love’s: Restraint in new travel centers/truck parking in ’24, but larger growth plans
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Coming off a year in which it made several significant acquisitions even as its growth in new travel...
Could shuttered power plants become electric truck charging sites?
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Where will all the power come from to charge the electric trucks expected to someday dominate the...
https://www.freightwaves.com/news/could-shuttered-power-plants-become-electric-truck-charging-sites
Photo gallery: A celebration of Tom Love
Tom Love died in his hometown of Oklahoma City on Tuesday at age 85. He was known for establishing with his wife Love’s Travel Stops & Country Stores, which grew to more than 600 travel plazas. He is survived by his wife of 62 years, four children, nine grandchildren and two great-grandchildren, with another two on the way.
The couple started the business, originally named Musket Corp., in 1964 in a small town outside of Oklahoma City.
Here is a collection of photos of the Love family and Love’s...
https://www.freightwaves.com/news/photo-gallery-a-celebration-of-tom-love