Type | Public (AMEX: TA) |
---|---|
Industry | Truck stops |
Founded | 1972 |
Founder(s) | Phil Saunders |
Headquarters | Westlake, Ohio |
Number of locations | 227[1] |
Area served | North America |
Key people | Thomas M. O'Brien (CEO) |
Services | Diesel fuel and gasoline; Truck repair and maintenance; Restaurants; Convenience stores; Driver amenities |
Revenue | $6,166.2 Million (2008) |
Employees | 11,900 |
Website | http://www.tatravelcenters.com |
TravelCenters of America (TA) is the largest "full service" truck stop chain[2] in North America. The majority of customers are professional truck drivers. The corporate headquarters is located in Westlake, Ohio, a suburb of Cleveland. The company operates under both its namesake brand and the Petro Stopping Centers brand.
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On August 25, 1998, the company announced it would acquire 19 Burns Bros. Travel Stops, closing 2 of the locations. [3]
On May 31, 2007, TravelCenters of America acquired rival Petro Stopping Centers[4][5] Much like the later merger between Pilot Travel Centers and Flying J, T/A has continued to use both the T/A and Petro brands, though some Petro's were later sold off to rival chains or had their franchise contracts canceled if they were within competition of a T/A location.
On October 4, 2007 Land Line magazine reported that the company will spend $135 million to fix up its truck stops. The work is expected to be completed by the end of 2008[6] In 2008, TA was listed as 395 on the Fortune 500 list. TA's main competitors include Love's Travel Stops & Country Stores and Pilot Flying J.
Recently, the company launched a line of "Goasis" travel stops designed to cater to families and other non-professional drivers. The centers include family bathrooms and a wider range of food and beverage offerings.[7]
Recently,when the company launched a line of "Goasis" travel stops designed to cater to families and other non-professional drivers. The centers include family bathrooms and a wider range of food and beverage offerings.[8]
Other than diesel, gas and propane, the following amenities may also be available: