travel

Business

TravelCenters of America Income Falls as Growth Outpaces Fuel-Efficiency Headwinds

Hillary Hartley/Flickr

TravelCenters of America, an operator of truck stops and convenience stores, reported lower net income for the fourth quarter and full year in 2016 as revenue was mixed.

Transport Topics
February 28, 2017
Business

Record Number of Americans Taking Holiday Road Trips, AAA Says

Andrew Harrer/Bloomberg News

AAA reports more than 103 million Americans —  the most on record — are expected to travel for the year-end holidays.

Diane C. Lore | Staten Island (N.Y.) Advance
December 15, 2016
Business

US Motor Travel Rises by 2.9% in September Amid Low Gasoline Prices

katsrcool/Flickr

U.S. motorists logged 2.9% more miles in September versus last year, new federal data showed, continuing a record-setting pace amid low gasoline prices and lower unemployment.

Jarrett Renshaw | Reuters
December 5, 2016
Business, Fuel

TravelCenters Reports Third-Quarter Income Rose, Launch of Commercial Tire Network

Hillary Hartley/Flickr

TravelCenters of America reported third-quarter income rose as revenue dipped amid gains in fuel volume, fuel gross margin, nonfuel gross margin and continued improvements in site level operating expense controls, it said. 

Transport Topics
November 8, 2016
Business

TravelCenters of America Forms Commercial Tire Network

Hillary Hartley/Flickr

TravelCenters of America announced the formation of the TA Truck Service Commercial Tire Network to meet increased customer demand for flexible, efficient sourcing of commercial tires.

Transport Topics
November 4, 2016
Business, Fuel

Love’s to Expand Truck Maintenance Services

Love’s Travel Stops & Country Stores Inc.

Love’s Travel Stops & Country Stores Inc. will expand its truck maintenance program at all of its truck stops nationwide to include services related to fluids, filters and lubes, in addition to existing truck tire care and light mechanical options.

Transport Topics
September 29, 2016
Business, Fuel

TravelCenters Unveils Remodeled Truck Service Facility in Candler, North Carolina

TravelCenters of America announced the grand reopening of its newest TA Truck Service facility on Interstate 40, at Exit 37, in Candler, North Carolina, that now features expanded hours.

Transport Topics
September 28, 2016
Business

Cheap Gasoline and Three-Day Weekend to Fuel Record July 4 Travel

Patrick T. Fallon/Bloomberg News

If you’re road-tripping this holiday weekend, you’re in good company. With U.S. gasoline prices the lowest in more than a decade, July 4 travelers are expected to hit the road in record numbers.

Rachel Adams-Heard | Bloomberg News
June 27, 2016
Business

TravelCenters of America Rebuffed Buyout Overture

Hillary Hartley/Flickr

Truck stop operator TravelCenters of America confirmed June 16 it had rejected a nonbinding letter in December from a private equity firm asking to have confidential discussions about that firm possibly buying TA.

Transport Topics
June 17, 2016
Business

Motor Travel Rises at Record Pace in February

Patrick Fallon/Bloomberg News

U.S. motor travel surged at a record pace in February as Americans took to the road again after January's historic snowstorms, U.S. data released April 25 showed, fueling optimism about gasoline demand as refiners brace for the busy summer driving season.

Jarrett Renshaw | Reuters
April 25, 2016

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