TravelCenters of America

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TravelCenters of America
Type Public
Traded as NYSETA
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[edit]

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][dated info] 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,[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.[7]

Goasis[edit]

Amenities[edit]

Other than diesel, gas and propane, the following amenities may also be available:

Controversies[edit]

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

References[edit]

External links[edit]