RaceTrac

EV Charging Company EnviroSpark Secures $50 Million Investment from Basalt Infrastructure Partners

Retrieved on: 
Thursday, May 2, 2024
Investment, Waffle House, Federation, Energy transition, Unitary state, Transport, Growth, RaceTrac, Carbon, EV, Starwood Capital Group, Volkswagen, GDOT, DCFC, TDOT, General Services Administration, IHG Hotels & Resorts, Government, Shell, The Company, Renewable energy

ATLANTA, May 1, 2024 /PRNewswire/ -- National electric vehicle (EV) charging company EnviroSpark Energy Solutions ("EnviroSpark" or the "Company") announced it has secured a $50 million investment by funds advised by Basalt Infrastructure Partners LLP ("Basalt"), a leading mid-market infrastructure equity investment firm focusing on investments in Europe and North America. This investment will fuel EnviroSpark's mission to revolutionize the EV charging landscape, enabling the Company to rapidly expand its owned and operated network across the US, innovate its cutting-edge technologies and further enhance the accessibility and sustainability of EV infrastructure.

Key Points: 
  • EnviroSpark announces $50 million in funding, spearheaded by Basalt Infrastructure Partners, to propel clean transportation infrastructure growth
    ATLANTA, May 1, 2024 /PRNewswire/ -- National electric vehicle (EV) charging company EnviroSpark Energy Solutions ("EnviroSpark" or the "Company") announced it has secured a $50 million investment by funds advised by Basalt Infrastructure Partners LLP ("Basalt"), a leading mid-market infrastructure equity investment firm focusing on investments in Europe and North America.
  • This investment will fuel EnviroSpark's mission to revolutionize the EV charging landscape, enabling the Company to rapidly expand its owned and operated network across the US, innovate its cutting-edge technologies and further enhance the accessibility and sustainability of EV infrastructure.
  • With a broad footprint of over 8,200 charging plugs across North America, the Company is well-positioned to further advance the adoption of electric mobility.
  • EnviroSpark continues to solidify its position as a leader in the EV charging industry through strategic partnerships and innovative initiatives.

Carl Bolch, Jr. Appointed Chairman Emeritus After More Than Five Decades of Distinguished Service to RaceTrac, Inc.

Retrieved on: 
Wednesday, April 24, 2024
Society, Teaching, News, Research, National Association, RaceTrac, Convenience, Family, CSP, MJFF, Growth, Management

Atlanta, April 24, 2024 (GLOBE NEWSWIRE) -- After 56 years of company leadership as chairman of the board, the RaceTrac, Inc. board of directors unanimously voted Carl Bolch, Jr. into the role of chairman emeritus.

Key Points: 
  • Atlanta, April 24, 2024 (GLOBE NEWSWIRE) -- After 56 years of company leadership as chairman of the board, the RaceTrac, Inc. board of directors unanimously voted Carl Bolch, Jr. into the role of chairman emeritus.
  • During the same board of directors’ vote, current CEO of RaceTrac, Inc., Natalie Morhous, was appointed chairman of the board.
  • He grew the RaceTrac® and RaceWay® brands from 100 stores in two states to more than 800 stores across 13 states.
  • “It is impossible to summarize the indelible mark Carl has made on RaceTrac, the fuel and convenience store industries and society as a whole.

RaceTrac Selects Blue Yonder to Digitally Transform Its Warehousing Operations and Transportation Modeling

Retrieved on: 
Tuesday, April 16, 2024
Software, Supply Chain Management, Internet, Electronic Design Automation, Data Management, Convenience Store, Technology, Artificial Intelligence, Retail, Trucking, Transport, Logistics, Blue Yonder, Blue, Carbon, RaceTrac, Automation, Warehouse

That’s why RaceTrac , a leading convenience store retailer, has selected Blue Yonder to digitally transform its warehousing operations and transportation modeling capabilities.

Key Points: 
  • That’s why RaceTrac , a leading convenience store retailer, has selected Blue Yonder to digitally transform its warehousing operations and transportation modeling capabilities.
  • The retailer will implement Blue Yonder Warehouse Management , Labor Management , and Transportation Modeling solutions to support future company expansion.
  • With Blue Yonder Transportation Modeling, RaceTrac can effectively reduce transportation costs and minimize distances and carbon footprint by optimizing their carrier-private fleet mix, fleet size, deployment, and routing.
  • RaceTrac’s warehousing capabilities will be greatly enhanced once they implement Blue Yonder Warehouse Management, and with Labor Management and Transportation Modeling their ability to better manage their labor and network performance will greatly improve.

PATHBUILDERS GRADUATES 35th ACHIEVA® CLASS

Retrieved on: 
Monday, April 22, 2024
Oldsmobile Achieva, Kaiser Permanente, Cox Enterprises, The Coca-Cola Company, Learning, Partner, AT&T, Comcast, Novelis, Mentorship, Woman, EVP, Federal Home Loan Banks, Federal Reserve Bank, Equifax, Genuine Parts Company, RaceTrac, Curriculum, Politics, YKK, Comcast Business, Cricket Wireless, Roper Technologies, Organization, WestRock, Mueller Water Products, Management

ATLANTA, April 22, 2024 /PRNewswire/ -- Pathbuilders celebrated its 35th Achieva cohort with a program featuring recognition of powerful mentoring experiences and an inspiring keynote by Kathy Waller, who leads the Atlanta Committee for Progress.

Key Points: 
  • ATLANTA, April 22, 2024 /PRNewswire/ -- Pathbuilders celebrated its 35th Achieva cohort with a program featuring recognition of powerful mentoring experiences and an inspiring keynote by Kathy Waller, who leads the Atlanta Committee for Progress.
  • "Accelerating women's advancement across different industries and companies is changing the landscape of executive leadership," says Helene Lollis, CEO of Pathbuilders.
  • Pathbuilders has a rich history of advancing women in leadership.
  • For more information on Pathbuilders, please visit Pathbuilders.com.

RaceTrac Selects Blue Yonder to Digitally Transform Its Warehousing Operations and Transportation Modeling

Retrieved on: 
Tuesday, April 16, 2024
Blue Yonder, Transport, Blue, Carbon, RaceTrac, Automation, Warehouse

RALEIGH, N.C., April 16, 2024 /PRNewswire-PRWeb/ -- As consumer expectations continue to evolve, retailers need to synchronize their execution across operations, resulting in faster transit times and reduced cost-to-serve. That's why RaceTrac, a leading convenience store retailer, has selected Blue Yonder to digitally transform its warehousing operations and transportation modeling capabilities. The retailer will implement Blue Yonder Warehouse Management, Labor Management, and Transportation Modeling solutions to support future company expansion. 

Key Points: 
  • That's why RaceTrac, a leading convenience store retailer, has selected Blue Yonder to digitally transform its warehousing operations and transportation modeling capabilities.
  • The retailer will implement Blue Yonder Warehouse Management, Labor Management, and Transportation Modeling solutions to support future company expansion.
  • With Blue Yonder Transportation Modeling, RaceTrac can effectively reduce transportation costs and minimize distances and carbon footprint by optimizing their carrier-private fleet mix, fleet size, deployment, and routing.
  • Learn more about Blue Yonder Warehouse Management, Labor Management, and Transportation Modeling solutions

RaceTrac Adds Java Jolt to Parkinson’s Research Funding and Awareness with 13th Annual ‘Coffee For A Cause’ Week

Retrieved on: 
Wednesday, March 27, 2024
Disease, Partnership, Patient, Research, MJFF, Truist Park, Pathology, RaceTrac, Family

Fox Foundation (MJFF) by offering ‘Coffee For A Cause’ week beginning Sunday, April 14, to help raise money and awareness for Parkinson’s research.

Key Points: 
  • Fox Foundation (MJFF) by offering ‘Coffee For A Cause’ week beginning Sunday, April 14, to help raise money and awareness for Parkinson’s research.
  • Since 2011, RaceTrac has raised more than $8 million to support Parkinson’s research through its ‘Coffee For A Cause’ week and annual Run For Research 5K, scheduled for Saturday, September 14, 2024.
  • All proceeds raised during RaceTrac’s ‘Coffee For A Cause’ week, between April 14 and April 20, will be donated directly to the Foundation.
  • For information on the amazing research currently underway and for additional resources and support for those living with Parkinson’s disease, visit michaeljfox.org .

Coast raises $92 million in new capital, partners with Visa to expand financial tools and software for modern business fleets

Retrieved on: 
Thursday, March 21, 2024
BoxGroup, Visa, Insight Partners, The Home Depot, Partnership, SVB, SVP, Lerner, GPS, Transport, SMS, Daniel, Silicon, HVAC, Workflow, Traction, Accel, Pest control, Silicon Valley Bank, Discount Tire, RaceTrac, Cumberland Farms, Economics, Mobile phone

The company also secured $67 million in committed debt capital from Silicon Valley Bank and TriplePoint Capital.

Key Points: 
  • The company also secured $67 million in committed debt capital from Silicon Valley Bank and TriplePoint Capital.
  • The fleet fuel payments on these specialized cards add up to a staggering $120 billion annually in the US.
  • Coast, led by founder and CEO Daniel Simon, reimagines the fleet payments product category, enabled by mobile technology and state-of-the-art vehicle data and telematics.
  • "Coast provides a strong financial product backed by powerful software for fleet-operating businesses, which allows it to attract very high-quality companies as customers," Foley said.

Fuelman Partners with RaceTrac and RaceWay

Retrieved on: 
Thursday, February 22, 2024
Fleetcor, Partnership, Locator, RaceTrac, ARCO, Go90

ATLANTA, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Fuelman®, a FLEETCOR Technologies, Inc. company and leading local fuel expense management solution, today announced its recent partnership with RaceTrac and RaceWay, providing acceptance of Fuelman’s fuel and fleet cards at all locations.

Key Points: 
  • ATLANTA, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Fuelman®, a FLEETCOR Technologies, Inc. company and leading local fuel expense management solution, today announced its recent partnership with RaceTrac and RaceWay, providing acceptance of Fuelman’s fuel and fleet cards at all locations.
  • Fuelman card users will now be able to fuel at over 580 RaceTrac and 200 RaceWay locations nationwide, providing savings and convenience for fleet managers and professional drivers.
  • RaceTrac and RaceWay are known for easy-to-navigate stores, well-lit lots, spacious fueling lanes, and their Whatever Gets You Going style of convenience.
  • “We are excited to grow our relationship with RaceTrac and RaceWay,” said Keagan Russo, President, Fuelman.

Electrolit Serves the 2024 Miami Open presented by Itaú as Official Hydration Sponsor

Retrieved on: 
Friday, March 8, 2024
Kroger, Marketing, SVP, Tennis, Sport, 7-Eleven, IMG, RaceTrac, History, Publix, Walmart, Organization, Athlete, Miami Open

HOUSTON, March 8, 2024 /PRNewswire/ -- Electrolit – the preferred, premium hydration beverage made from pharmaceutical quality grade ingredients – proudly announces it is the official hydration beverage of the prestigious 2024 Miami Open presented by Itaú, taking place from March 17 - 31.

Key Points: 
  • HOUSTON, March 8, 2024 /PRNewswire/ -- Electrolit – the preferred, premium hydration beverage made from pharmaceutical quality grade ingredients – proudly announces it is the official hydration beverage of the prestigious 2024 Miami Open presented by Itaú, taking place from March 17 - 31.
  • "Being part of the Miami Open presented by Itaú with world-class tennis on display is history in the making for Electrolit," said Jake Sloan, Electrolit USA's Sr. Marketing Director.
  • "We are delighted to welcome Electrolit as a premier sponsor of the 2024 Miami Open presented by Itaú," added Josh Ripple, SVP of Tennis Events at IMG.
  • "Providing proper hydration is pivotal for the players competing and we are proud to showcase and offer Electrolit as part of the Miami Open experience."

David Nicholas of Nicholas Wealth Management named to the 2024 Atlanta Magazine 500 Most Powerful Leaders

Retrieved on: 
Thursday, February 15, 2024
RaceTrac, Public policy, Delta Air Lines, Fox Business, Retirement, Nature, SIPC, Georgia Bulldogs, FINRA, Way, Atlanta (magazine), Legend, CBS

ATLANTA, Feb. 15, 2024 /PRNewswire/ -- President and Founder of Nicholas Wealth Management, David Nicholas, has been named one of the Top 500 Most Powerful Leaders in Atlanta by Atlanta Magazine for the fifth year in a row.

Key Points: 
  • ATLANTA, Feb. 15, 2024 /PRNewswire/ -- President and Founder of Nicholas Wealth Management, David Nicholas, has been named one of the Top 500 Most Powerful Leaders in Atlanta by Atlanta Magazine for the fifth year in a row.
  • The Atlanta 500 includes corporate CEOs, leading educators, entrepreneurs, researchers, artists, nonprofit leaders, and individuals shaping public policy.
  • David founded Nicholas Wealth Management, an investment advisory and retirement planning firm in Atlanta, Georgia in 2012.
  • No fee was required to participate in the award category
    The editors of the list of Atlanta 500 honorees for the 2024 Atlanta 500 was decided by 9/1/23.