TravelCenters
TravelCenters to Open First California TA Express
A TravelCenters of America in Greeneville, Tenn. The TA Express in Bakersfield will be the first one in the state of California. (Peggy Smith/Transport Topics)
TravelCenters of America signed a franchise agreement with CSG Petroleum to open its first TA Express in California, the company announced June 23.
June 26, 2020TA Reports Net Loss, Revenue Dip in Q1
Trucks parked at a North Carolina Travel Centers of America. (Travel Centers of America)
TravelCenters of America reported a net loss and lower revenue in the first quarter as operations were limited by the novel coronavirus pandemic and unseasonably mild weather.
May 5, 2020TravelCenters of America Reorganizes, Names Chief Information Officer
TravelCenters of America has undergone a reorganization since CEO Jon Pertchik took over in December. (TravelCenters of America Inc.)
TravelCenters of America Inc. announced a companywide reorganization intended to improve operational efficiency and profitability, including the appointment of Sandy Rapp as chief information officer.
May 1, 2020TA Adds Location in Utah
The TravelCenters of America in Meridian, Miss. (Gregg Sloan/Flickr)
TravelCenters of America Inc. plans to add a location in Salina, Utah, through a franchise agreement.
September 11, 2019Diesel Price Average Dips 0.1¢ to $3.042 a Gallon
Diesel costs 19.4 cents less than it did a year ago when it was $2.848, DOE said. (Getty Images)
The U.S. average retail price of diesel dropped 0.1 cent to $3.042 a gallon, the Department of Energy reported July 1. Crude oil prices remained near $58 a barrel after touching $60 earlier in the day.
July 1, 2019TravelCenters of America Reports Mixed 4Q, Annual Results
Bruce Harmon/Trans Pixs
TravelCenters of America, the nation’s only publicly traded truck stop network, reported a narrowed loss in fourth-quarter net income but an increase in revenue.
February 26, 2019TravelCenters of America to Sell Minit Mart Business
A TravelCenters of America location in Wildwood, Fla. (TravelCenters of America)
TravelCenters of America announced a definitive agreement for the sale of its Minit Mart convenience store business to EG Group for $330.8 million as it intends to focus on commercial trucks and other vehicles traveling on interstates, and a new express travel center strategy.
September 4, 2018TravelCenters Plans TA Express Franchises
(Hillary Hartley/Flickr)
TravelCenters of America plans to launch this summer TA Express, with smaller outlets offering quicker in-and-out service from its TA and Petro Stopping Centers.
June 25, 2018Strong Market Treats Two Suppliers Differently
TravelCenters of America
First-quarter earnings reports for two companies supporting the commercial vehicle industry reflected different results amid a strong environment for freight and booming truck orders. One supplier of fuel and related services for fleets on the road had a net loss but an uptick in revenue while a diversified component supplier saw both its net income and revenue surge.
May 9, 2018TravelCenters Receives $10.7 Million From Comdata in Lawsuit
TravelCenters of America reported that Delaware’s Chancery Court awarded attorney’s fees and costs that the company incurred in its litigation with Comdata Inc., the Brentwood, Tenn.-based payments firm and division of Fleetcor. TravelCenters reported that Comdata on April 13 reimbursed about $10.7 million in costs and interest.
April 23, 2018