Pilot Flying J Archives - Maritime Shipping News

Haslam family sues Berkshire over valuing of final chunk of Pilot

3 November 2023

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-13’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
gptAdSlots.push(gptSlot);
});

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-13’); });

The fate of the final 20% of Pilot Travel Centers not owned by Berkshire Hathaway and still in...

https://www.freightwaves.com/news/haslam-family-sues-berkshire-over-valuing-of-final-chunk-of-pilot

19 Pilot Travel Centers temporarily shut by bankruptcy of an operator

26 August 2023

Nineteen outlets of Pilot Travel Centers have been closed as a result of the bankruptcy of Mountain Express Oil.

Mountain Express, based in Alpharetta, Georgia, is a wholesale fuels and retail outlet operator that filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas in March. This week, that Chapter 11 filing was converted to a Chapter 7 petition, which is a liquidation of the company.

In a statement posted on its website in March, Mountain...

https://www.freightwaves.com/news/19-pilot-travel-centers-temporarily-shut-by-bankruptcy-of-an-operator

1st peek at Pilot’s finances after Berkshire Hathaway ownership grows

7 August 2023

With travel stop operator Pilot Travel Centers now 80% owned by Berkshire Hathaway, the conglomerate’s first earnings report since Berkshire took its ownership up to that level is providing a more complete look at Pilot’s finances.

Pilot had been privately owned but with a 38.6% interest held by Berkshire Hathaway, acquired in 2017. The sale of the additional shares bringing Berkshire up to 80% was finalized earlier this year, though it had been agreed upon previously. The founding Haslam family...

https://www.freightwaves.com/news/1st-peek-at-pilots-finances-after-berkshire-hathaway-ownership-grows

Relay Payments, Amous TMS and PURE Freight Lines team up to stop fuel fraud

30 June 2023

Fraud is a hot-button issue across the logistics industry, with various scams costing companies serious time and money every year. Some types of fraud, like double brokering and cargo theft, are often spotlighted. Less discussed types of fraud, like fuel fraud, are just as insidious — and just as prevalent.

Fuel fraud manifests in several ways, including fuel card abuse, fuel pump tampering and falsification of fuel consumption records. All of these scams take a staggering financial toll on both...

https://www.freightwaves.com/news/relay-payments-amous-tms-and-pure-freight-lines-team-up-to-stop-fuel-fraud

Berkshire Hathaway will pump out more Pilot data with bigger stake

3 March 2023

Just as analysts are about to lose the financial information coming out of one of the biggest truck stop companies, they are going to get a look at an even bigger one.

The planned acquisition by TravelCenters of America (NASDAQ: TA) by oil company giant BP, announced last month, means that the quarterly earnings and conference calls of TA will disappear.

But earlier this quarter, on Jan. 31, Berkshire Hathaway (NYSE: BRK.B) increased its stake in privately owned Pilot Travel Centers, which...

Check Call: Stop in the name of Brake Safety Week

25 August 2022

Welcome to Check Call, our corner of the internet for all things 3PL, freight broker and supply chain. Check Call the podcast comes out every Tuesday at 12:30 p.m. EDT. Catch up on previous episodes here. If this was forwarded to you, sign up for Check Call the newsletter here.

Inside this edition: CVSA Brake Safety Week; Canada is No. 1; and robots and hot dogs come together.

Trucks can’t stop on a dime. This week is a reminder for that. We are smack dab in...

https://www.freightwaves.com/news/check-call-stop-in-the-name-of-brake-safety-week

The Log Book: Pilot announces $1B remodeling initiative

12 March 2022

The Log Book is a weekly rundown of human-interest stories related to the transportation industry. This week: Pilot announces details of its three-year remodeling plans; the Women Automotive Network releases diversity survey data; and Fayetteville State University honors successful supply chain interns.

Pilot announces $1 billion remodeling initiative

Pilot Company, founder of Pilot J and Travel Centers, announced Wednesday that it will be spending $1 billion over the next three years for an...

https://www.freightwaves.com/news/the-log-book-pilot-announces-1b-remodeling-initiative

Rusia-Ucrania: Los precios del diésel al por menor empiezan a repuntar tras los movimientos de las materias primas

4 March 2022

Después de varios días en los que los precios del diésel al por menor iban a la zaga de las enormes subidas de los precios de las materias primas y del diésel al por mayor, las cifras en el surtidor están empezando a subir.

Los datos de DTS.USA en el panel de control del mercado SONAR de FreightWaves subieron cerca de 15 centavos por galón entre el jueves y el viernes. Esto es mucho más grande que el movimiento de aproximadamente 7 centavos entre el miércoles y el jueves y el aumento de poco más...

https://www.freightwaves.com/news/rusia-ucrania-los-precios-del-diesel-al-por-menor-empiezan-a-repuntar-tras-los-movimientos-de-las-materias-primas

Russia-Ukraine: Retail diesel prices starting to spike following commodity moves

4 March 2022

After several days in which retail diesel prices were lagging the huge gains in both commodity and wholesale diesel prices, the numbers at the pump are starting to climb.

The DTS.USA data feed in the FreightWaves SONAR market dashboard moved up close to 15 cents a gallon between Thursday and Friday. That is far bigger than the roughly 7 cent move between Wednesday and Thursday and the increase of just slightly more than 4 cents between Monday and Wednesday.

The moves have taken the average...

https://www.freightwaves.com/news/russia-ukraine-retail-diesel-prices-starting-to-spike-following-commodity-moves

The Log Book: Bestpass’ Tour de Cure funds diabetes research

24 July 2021

The Log Book is a weekly rundown of human-interest stories related to the transportation industry. This week: Bestpass employees raise funds for diabetes research and DriverReach partners with behavioral software to reach nontraditional driver candidates.

Bestpass’ Tour de Cure raises funds for diabetes research

The comprehensive payment platform Bestpass announced this week its employees, customers and partners raised $7,926 to support the American Diabetes Association (ADA) as it continues to...

https://www.freightwaves.com/news/the-log-book-bestpass-tour-de-cure-funds-diabetes-research

+ More