secondary offering

TravelCenters of America has been forced to close some restaurants again as an increase in COVID-19 cases has tightened restrictions on dining out in some regions.

Heartland Express announced the family trust of founder and current CEO will sell up to $76.9 million in stock. The family will still hold roughly 40% of the company’s outstanding stock following the transaction.

CEO and President Derek Leathers to usher in the next era for Werner Enterprises as founder CL Werner plans exit.