TravelCenters of America
Type | Public |
---|---|
Traded as | NYSE: 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) Andrew J. Rebholz (CFO) |
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.
History
Around 1997, TA bought out the first chain of national truckstops, Union 76 and closed or sold most of the old truckstops. TA kept a few and changed them over to TA locations. On August 25, 1998, the company announced it would acquire 19 Burns Bros. Travel Stops, closing two 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 eliminated 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 was 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]
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A TA TravelCenter in Lodi, Ohio
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A TA truck stop off I-84 near Maybrook, NY
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A TA Travel center in Erie, Pennsylvania
Goasis
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Goasis in Ashland, Ohio
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Inside Goasis in Ashland Ohio
Amenities
Other than diesel, gas and propane, the following amenities may also be available:
- Casino
- Fast-Food
- Full-service Restaurant (Iron Skillet, Country Pride or Fork in the Road)
- Hotel
- IdleAire
- Laundry facility
- Popeyes Chicken & Biscuits
- Showers
- Repair shop
- Starbucks
- Subway (restaurant)
- Tim Hortons (Monroe Mi)
- Travelstore
- Truck Scale
- Truck Wash
- TV Room
- Wireless internet
Controversies
On February 27, 2006, Travelcenters of America LLC had a lawsuit about conspiring to refuse to process payment card transactions using the TCH electronic processing platform,[8] and paid $5,000,000 dollars for settlement.
- Notes
- ↑ tatravelcenters.com
- ↑ TravelCenters of America -The one stop for all your travel needs
- ↑ TravelCenters of America to Acquire Burns Bros. Travel Stops Expands Network in Western and Northwestern States
- ↑ money.aol.com
- ↑ Petro Truck Stops - TravelCenters of America Acquires Petro - Iron Skillet, Petro:Lube, Travel Stores, Mobil Delvac, Truck Tires, PM Services, Diesel, CAT Scales, Blue Beacon Truck Washes
- ↑ landlinemag.com
- ↑ WD Partners. "Goasis". Retrieved 7 February 2011.
- ↑ "TravelCenters, Flying J End Antitrust Case".
References
External links
- TravelCenters of America homepage
- Petro Truckstops homepage (now owned by TA)
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