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TravelCenters of America

TravelCenters of America
Type Public
Traded as NYSE: TA
Industry Truck stops
Founded 1972
Founders 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.

Contents

  • History 1
  • Truck Service 2
  • Goasis 3
  • Amenities 4
  • Controversies 5
  • References 6
  • External links 7

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]

Truck Service

Most if not all of the TA truck stops offer Truck services to include but not limited to: Preventive Maintenance, Tire sales and service, Alignments, HVAC system diagnosis and repair, State-of-the-art diagnostic equipment, In-depth electrical repair, and extensive vehicle repair and diagnosis. The truckshops endorse TIA and ASE certifications. TA also boasts the most comprehensive PM service and checks on the road. 24 HR road services and back by ROADSQUAD.[8]

Goasis

Amenities

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

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,[9] and paid $5,000,000 dollars for settlement.

Notes
  1. ^ tatravelcenters.com
  2. ^ TravelCenters of America -The one stop for all your travel needs
  3. ^ TravelCenters of America to Acquire Burns Bros. Travel Stops Expands Network in Western and Northwestern States
  4. ^ money.aol.com
  5. ^ 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
  6. ^ landlinemag.com
  7. ^ WD Partners. "Goasis". Retrieved 7 February 2011. 
  8. ^ http://www.tatravelcenters.com
  9. ^ "TravelCenters, Flying J End Antitrust Case". 

References

External links

  • TravelCenters of America homepage
  • Petro Truckstops homepage (now owned by TA)
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