TravelCenters of America is an American company that owns an extensive network of truck stops located in the USA and Canada . Most of the company's customers are tractors . The company is headquartered in Westlake , Ohio . The company operates under the brands Petro Stopping Centers and TA and Petro Shopping Centers .
| TravelCenters of America | |
|---|---|
 | |
| Type of | Public company |
| Exchange listing | |
| Base | 1972 |
| Location |  USA : Westlake , Ohio |
| Key figures | Thomas M. O'Brien ( CEO ) Andrew J. Rebholz ( CFO ) |
| Industry | Transport |
| Products | Diesel and gasoline, truck repair and maintenance, restaurants, shops, driver services |
| Affiliated companies | , , and |
| Site | ta-petro.com |
Content
History
The company was founded in 1972 by Phil Sanders under the name Truckstops of America. In the same year, the company was acquired by Ryder Corporation. The company then changed ownership in the 1980s and 1990s. In 1984, Truckstops of America was acquired by Standard Oil of Ohio (owned by BP since 1987). BP, in turn, in 1993 sold the company The Clipper Group. In 1997, the Truckstops of America network merged with the National Auto / Truck Stops chain, increasing the network immediately by 112 truck stops. Then the company changed its name for TravelCenters of America for marketing reasons. From this moment on, there is an active policy to increase the network and improve the quality of staff. If in 1972 there were six trail stops, then in 1993 - 48, in 1998-146, and in 2014 - 249.
In 1997, TravelCenters of America bought the first national Union-76 track-stop chain, closing or selling most of the track-stops with the old infrastructure. In 1998, the company acquired several small chain stores. On August 25, 1998, the company announced the acquisition of 19 Burns Bros. Travel Stops of which two were immediately closed.
In the early 2000s, the company acquired 16 points of Travel Ports network in the eastern United States. In the early 2000s, TravelCenters of America acquired a truck stop in Canada, in the city of Woodstock, in the southwest of Ontario , on the Ontario Highway 401 , and thus became international. At that time, it was the only truck stop outside the United States.
On May 31, 2007, TravelCenters of America acquired competitors Petro Stopping Centers. Trac stops were also purchased from the competitor Pilot Travel Centers Pilot Flying J.
On October 4, 2007, Land Line Magazine announced that the company would spend $ 135 million to upgrade its truck stops. The work was planned to be completed by the end of 2008.
The company, in order to expand its customer base, has also launched the Goasis network , designed not for tractors, but to meet the needs of those traveling in their cars. These centers provide family bathrooms, as well as a wide range of food and drink [1] .
In the summer of 2014, the company acquired part of the Minit Mart Foods Inc. grocery store chain. for $ 67 million [2] . Other acquisitions followed. As of December 2015, TravelCenters of America acquired 184 stores, most of them operating under the Minit Mart brand [3] .
On November 16, 2015, the company acquired a network of Quaker Steak & Lube cafes located at gas stations [4] .
The network of truck stops of the company continues to evolve. On January 20, 2015, a truck stop was opened with 180 parking spaces in Hillsboro , Texas on US Route 77 [5]
Services provided
The core of TravelCenters of America's business is selling fuel for truckers, diagnosing and repairing their trucks. Along the way, income is derived from the provision of certain paid services, including washing of trucks and trailers, as well as accommodation at truck stops of cafes and shops.
Along the way, you can buy tires at truck stops. Like other companies that own truck stops, TravelCenters of America applies a loyalty program for its customers [6] .
Notes
- ↑ TA - Goasis (inaccessible link) . Date of treatment January 21, 2016. Archived January 21, 2016.
- ↑ Higgins Sells Minit Mart Stores . Date of treatment January 21, 2016. Archived June 26, 2015.
- ↑ TravelCenters Acquires Quaker Steak & Lube Restaurant Chain . Date of treatment January 21, 2016.
- ↑ Bank says Quaker Steak in default on $ 4.3 million loan . Date of treatment January 21, 2016.
- ↑ TravelCenters of America Completes Development and Opens New Travel Center in Hillsboro, Texas (inaccessible link) . Date of treatment January 22, 2016. Archived January 22, 2016.
- ↑ UltraONE You Deserve the Best . Date of treatment January 22, 2016.