American Travel Plazas

08:48, Thursday 29/12/2022 - Pro Reviewer I have 5 years of experience in blogging...
Ambox current red Asia Australia.svg

Needs new information or clarification. Help us keep this article up-to-date by adding any relevant new information or clarifications. ( October of 2021 )

As the largest publicly traded full-service truck stop and travel center company in the United States, TravelCenters of America LLC serves as a vital link in the interstate transportation network. TravelCenters of America, TA, Petro Stopping Centers, TA Express, GOASIS, and Quaker Steak & Lube are some of the names under which the company's service stations, convenience stores, and restaurants are known. As of the year 2021, the workforce of TravelCenters of America, which has its headquarters in Westlake, Ohio and is active in 44 states and 1 Canadian province, will have swelled to nearly 20,000 people.

Definition and business operations [ edit1 ]

TravelCenters of America (TA) is an operator of truck stops and travel centers in the United States,[1] with approximately 270 full-service locations along the Interstate Highway System in 44 U.S. states and in Canada, plus standalone restaurants in more than 10 states, as of 2018 Nearly 20,000 people are employed by the publicly traded limited liability company, which has its headquarters in Westlake, Ohio. [1]1

TA's divisions consist of TA Truck Service and TA Restaurant Group. Quaker Steak & Lube is a franchised fast food restaurant chain with a global presence. Its brands include TravelCenters of America, TA, and Petro Stopping Centers. These companies provide a wide range of services and goods, including diesel and gasoline, full-service and fast food restaurants, truck maintenance and repair, and grocery and convenience store items. For million in April 2021, TA sold Quaker Steak & Lube to an undisclosed buyer.

In 2019, Jon Pertchik assumed the role of chief executive officer. President Barry Richards will be succeeded by Peter J. Crage has been promoted to the position of EVP after serving as CFO and treasurer.

History [ edit1 ]

Phil Saunders founded TravelCenters of America (then known as Truckstops of America) in 1972. Ryder bought the company later that year because of its prominence as one of the first truck stop chains in the country. In 1984, the chain was purchased by Standard Oil Company of Ohio. In 1993, after BP had acquired Standard Oil, the oil and gas conglomerate sold TA to the shipping company Clipper Group. A merger with National Auto/Truckstops in 1997 resulted in the chain's current name, TravelCenters of America Inc. [7] (TA) In the late 1990s, TA bought seventeen Burns Bros. The Travel Centers of America merged with more than a dozen separate branches, including the Travel Stops. By the year 2000, the firm had 160 outlets across 40 states. S states, 12,500 full-time workers, and $1 billion in annual sales 5 billion TA was bought out by Oak Hill Capital Partners in the year 2000 [7]. [8]1

Forbes ranked TA #94, and the company also made the top 60. ' the 2005 and 2006 lists of the largest privately held corporations Hospitality Properties Trust (HPT) agreed to purchase the business in 2006 for about $1. 9 billion The acquisition was finalized in January of 2007, and TA stock began trading on the NYSE on February 1 of that year. By the middle of 2015, [9] TA was still functioning as a wholly owned subsidiary of HPT, which remained TA's largest shareholder. [10] In May of 2007, TA purchased the Petro Stopping Centers' operating businesses and leased 40 Petro locations from HPT in El Paso.

RDG Capital Management suggested that TA lease and sell more company-owned properties in addition to implementing a $100 million share repurchase plan in 2015 to boost its stock price[13]. A sale leaseback agreement worth roughly $400 million was signed between TA and HPT [14]. Golden Gate Capital, a private equity firm, proposed a buyout of the company in December 2015, but the company's board of directors rejected the offer in the middle of 2016. TA was valued at 0 million at the offer price of $14 per share. In November [15][16][17], in response to Comdata's allegations that TA breached agreements, TA filed a lawsuit against the payment processor provider. A judge in Delaware has ruled that Comdata must pay TA back for any overcharges made beginning in February 2017 -- plus interest and legal fees -- under the terms of their contract. As of March 2018, the court has not yet issued a final ruling. [19][20] [21]1

TA updated 56 Minit Marts and 24 Petro or TA stations between 2015 and 2017. In response to a 2015 mandate from the Federal Motor Carrier Safety Administration, the company has also prioritized the distribution of electronic logging devices to truck drivers [22]. [23] As of the magazine's late 2017 count, TA was the seventeenth largest U.S. S supermarkets with convenience sections [22][24] The Women's Forum of New York also commended the company for having a board that included 40% women. [25] Thomas O'Brien, the company's president and CEO, tendered his resignation in November 2017, with the effective date of December 31. When William Myers was named senior vice president and chief accounting officer, the board promoted Barry Richards to president and chief operating officer. With O'Brien's departure, the board appointed Adam Portnoy to his former role as managing director. Early in 2018, Andrew Rebholz stepped into the role of CEO, following positions as executive vice president (EVP), chief financial officer (CFO), and treasurer. The Minit Mart brand was sold by TA in 2018 [4, 5]. [1]

In February of 2018, TA formed a partnership with Wex to offer fuel card services at all TA and Petro stations in the United States. S [24] The company has also confirmed its sponsorship of the Monster Energy NASCAR Cup Series and the NASCAR Xfinity Series' "truck service challenge" competition. In March of 2017, TA purchased a building close to its original Westlake location in order to make room for an expansion. [31]1

After Andrew Rebholz's departure in December 2019, Jon Pertchik was named CEO in his stead.

Supporting the St. Since 2010, the Christopher Truckers Development and Relief Fund has been giving money to help truck drivers who are having trouble making ends meet due to health problems. The business makes up the bulk of the fund's contributors. [32] For the past ten years, this firm has been a staple of the Fortune 500, and in 2018 it came in at position #470. Jon Pertchik became chief executive officer (CEO) in 2019

Divisions [ Barry Richards serves as president, and in 2020, Peter J ]

Groupe de Restaurants TA [ ]

Approximately 6,200 people were employed by TA Restaurant Group, a division of TravelCenters of America LLC, as of April 2016. This division operates 43 different national and regional restaurant brands. About 850 restaurants and convenience stores under the Country Pride, Iron Skillet, and Quaker Steak & Lube banners are managed by this division.

In April of 2016, TA finished buying out the Quaker Steak & Lube restaurant chain. By 2021, there will be roughly 40 Quaker Steak & Lube locations across 12 different states ([15][36]). Franchise growth remains a top priority for Quaker Steak & Lube [35].

Transport by Truck (TA) [ edit1 ]

The TA Truck Service branch provides garages all over the country where trucks can be serviced. As of September 2017, the TA Truck Service Commercial Tire Network's 1,000 truck service repair shops, 3,000 truck service technicians, and 2,000 roadside assistance and maintenance vehicles were all part of its impressive roster. It is the largest independent commercial tire dealer in the United States. [41][42] ]

With the help of auction houses, TA began certifying the quality of pre-owned trucks in 2017 and gave them the "TA Certified" label. After relocating to a new location in Westlake in September 2017, [45] the TA Truck Service National Call Center and Emergency Road Side Assistance operations Other TA customer service agents also work out of this building.

References [

]

  1. ^ ef="https://en.wikipeef="https://en.wikipedia.org/wiki/#cite_ref-Fortune500_1-3" target="_blank">dia.org/wiki/#ef="https://en.wikipeef="https://en.wikipedia.org/wiki/#cite_ref-Fortune500_1-3" target="_blank">dia.org/wiki/#cite_ref-Fortune500_1-2" target="_blank">cite_ref-Fortune500_1-0" target="_ef="https://en.wikipeef="https://en.wikipedia.org/wiki/#cite_ref-Fortune500_1-3" target="_blank">dia.org/wiki/#ef="https://en.wikipeef="https://en.wikipedia.org/wiki/#cite_ref-Fortune500_1-3" target="_blank">dia.org/wiki/#cite_ref-Fortune500_1-2" target="_blank">cite_ref-Fortune500_1-1" target="_blank">blank">a ef="https://en.wikipeef="https://en.wikipedia.org/wiki/#cite_ref-Fortune500_1-3" target="_blank">dia.org/wiki/#ef="https://en.wikipeef="https://en.wikipedia.org/wiki/#cite_ref-Fortune500_1-3" target="_blank">dia.org/wiki/#cite_ref-Fortune500_1-2" target="_blank">cite_ref-Fortune500_1-1" target="_blank">b ef="https://en.wikipeef="https://en.wikipedia.org/wiki/#cite_ref-Fortune500_1-3" target="_blank">dia.org/wiki/#cite_ref-Fortune500_1-2" target="_blank">c ef="https://en.wikipedia.org/wiki/#cite_ref-Fortune500_1-3" target="_blank">d e It's 470: American Travel Plazas. Fortune 2018 Retrieved March 27, 2018
  2. ^1 Martin A. K. Williams (2016-05-20). "Hey, it was in the DNA," they yelled. A Fresh Look at Physics 18 (5): 051002 doi:[[10]]1088/1367-2630/18/5/051002 ISSN 1367-2630
  3. ^1 "America's Travel Plazas" Fortune Retrieved 2018-12-31
  4. ^ dia.org/wiki/#dia.org/wiki/#cite_ref-Lindenberg_4-2" target="_blank">cite_ref-Lindendia.org/wiki/#dia.org/wiki/#cite_ref-Lindenberg_4-2" target="_blank">cite_ref-Lindenberg_4-1" target="_blank">berg_4-0" target="_dia.org/wiki/#dia.org/wiki/#cite_ref-Lindenberg_4-2" target="_blank">cite_ref-Lindenberg_4-1" target="_blank">blank">a dia.org/wiki/#dia.org/wiki/#cite_ref-Lindenberg_4-2" target="_blank">cite_ref-Lindenberg_4-1" target="_blank">b dia.org/wiki/#cite_ref-Lindenberg_4-2" target="_blank">c d On November 30th, 2017 Greg Lindenberg "A Change in Command at TravelCenters of America" CSP Retrieved March 27, 2018
  5. ^ cite_ref-CSNews_5-0" target="_cite_ref-CSNews_5-1" target="_blank">blank">a cite_ref-CSNews_5-1" target="_blank">b c Latest on Convenience Stores:
  6. ^ bes_6-0" target="_blank">a b TravelCenters of America ranked #60 on Forbes' list of the largest private companies in the United States. Forbes1 November 9th, 2006 Retrieved April 3, 2018
  7. ^ ef="https://en.wikipeef="https://en.wikipedia.org/wiki/#cite_ref-Keeps_7-3" target="_blank">dia.org/wiki/#ef="https://en.wikipeef="https://en.wikipedia.org/wiki/#cite_ref-Keeps_7-3" target="_blank">dia.org/wiki/#cite_ref-Keeps_7-2" target="_blank">cite_ref-Keeps_7-0" target="_ef="https://en.wikipeef="https://en.wikipedia.org/wiki/#cite_ref-Keeps_7-3" target="_blank">dia.org/wiki/#ef="https://en.wikipeef="https://en.wikipedia.org/wiki/#cite_ref-Keeps_7-3" target="_blank">dia.org/wiki/#cite_ref-Keeps_7-2" target="_blank">cite_ref-Keeps_7-1" target="_blank">blank">a ef="https://en.wikipeef="https://en.wikipedia.org/wiki/#cite_ref-Keeps_7-3" target="_blank">dia.org/wiki/#ef="https://en.wikipeef="https://en.wikipedia.org/wiki/#cite_ref-Keeps_7-3" target="_blank">dia.org/wiki/#cite_ref-Keeps_7-2" target="_blank">cite_ref-Keeps_7-1" target="_blank">b ef="https://en.wikipeef="https://en.wikipedia.org/wiki/#cite_ref-Keeps_7-3" target="_blank">dia.org/wiki/#cite_ref-Keeps_7-2" target="_blank">c ef="https://en.wikipedia.org/wiki/#cite_ref-Keeps_7-3" target="_blank">d e To Sigmund J. Mikolajczyk (March 24, 2000) In spite of the economic downturn, TravelCenters of America "keeps on truckin'— moves tons of tires annually" Commerce Involving Tires Retrieved April 3, 2018
  8. ^ blank">a b As reported by the media, "TravelCenters of America to be Acquired for $1.9 Billion." Journal of the Commercial Carrier Dated: September 18, 2006 Retrieved May 20, 2018
  9. ^1 In a recent press release, Hospitality Properties Trust announced that they had successfully acquired TravelCenters of America. Publishing Company's Magazine As of the 31st of January, 2007 Retrieved May 20, 2018
  10. [15][16][17] TA filed a lawsuit against Comdata in November in response to the payment processor provider's allegations that TA breached agreements In a piece for 2 June 2015, Suttell, Scott To the tune of nearly $400 million, TravelCenters of America and Hospitality Properties Trust have entered into a sale leaseback agreement. Cleveland Business Crain's Retrieved March 27, 2018
  11. ^1 The Petro Stopping Centers are now part of TravelCenters of America. The Journal of the Commercial Carrier May 31, 2007 Retrieved May 20, 2018
  12. ^1 "REIT and Travel Centers of America Acquire Petro Stopping Centers" News About Convenience Stores June 1, 2007 Retrieved May 20, 2018
  13. ^1 The 18th of August, 2015, Scott Suttell To wit: "RDG Capital Fund Management urges TravelCenters of America to launch $100 million share buyback plan." Cleveland Business Crain's Retrieved March 27, 2018
  14. [4][5] TA sold its Minit Mart brand by the end of 2018 Stan Bullard (2015-05-10). Retail locations should be sold and leased by TravelCenters, as is strongly recommended. Business in Crain's Cleveland Retrieved March 27, 2018
  15. ^ cite_ref-Suttell_15-0" target="_cite_ref-Suttell_15-1" target="_blank">blank">a cite_ref-Suttell_15-1" target="_blank">b c The Huffington Post, by Scott Suttell (June 16, 2016) There was a buyout offer, and TravelCenters of America says it has already rejected it. Cleveland Business Crain's It's Crain Communications1, of course. Retrieved March 27, 2018
  16. ^1 Matt Jarzemsky and David Benoit. "The Atlantic Monthly," 16 June 2016. TravelCenters of America Turned Down an Offer from Golden Gate Capital. Article from the Wall Street Journal ISSN 0099-9660 OCLC 781541372 Retrieved March 30, 2018
  17. TA fundraises for the St The buyout offer for TravelCenters of America was turned down. CSP The company is the fund's largest contributor Retrieved March 30, 2018
  18. ^1 Author: Jarboe, Michelle Despite pending litigation, "TravelCenters of America lays out the price tag for the fuel card dispute." The Straight Shooter The Latest Publications in Advance Retrieved March 30, 2018
  19. Author: Hals, Tom Posted Date: September 11, 2017 TCOA prevails in its lawsuit against Comdata over the latter's merchant fees. Retrieved March 29, 2018
  20. ^1 Michelle Jarboe (2017-09-12). A court ruling found in favor of TravelCenters of America and against fuel card provider Comdata. One Who Gives It to You Straight Retrieved March 29, 2018
  21. Author: Romano, Danielle March 13, 2018 There is still no resolution to the "Dispute between TravelCenters and Comdata." Daily Headlines from the Newsstand Retrieved March 28, 2018
  22. ^ blank">a b Reference: Abcede, Angel; Lindenberg, Greg (November 2017). According to the article "Ranking the Top 40 Convenience Store Chains: A Year-End Review: 17. TravelCenters of America LLC," the company placed seventeenth overall. CSP Retrieved March 28, 2018
  23. ^1 It reads, "TravelCenters Seeking to Become Electronic Logging Hubs." Breaking News From the Convenience Store Monday, September 4th, 2017 Retrieved March 30, 2018
  24. ^ blank">a b Jackson Lewis (Feb. 27 2018) "Wex Fleet Cards Now Accepted at TravelCenters Across the U.S." CSP Retrieved March 28, 2018
  25. ^1 Women in Leadership Roles at TravelCenters of America Honored" Analysis of Tires Saturday, November 18th, 2017 Retrieved April 2, 2018
  26. Author: Michelle Jarboe Date: November 30 2017 After nearly 11 years at the helm, TravelCenters of America CEO is stepping down on December 31. As it Stands: The Honest Broker Retrieved March 29, 2018
  27. TA Restaurant Group, a division of TravelCenters of America LLC,[33] had 43 national and regional restaurant brands and approximately 6,200 employees, as of April 2016 The 30th of November, 2017 Scott Suttell In December, the CEO of TravelCenters of America announced his resignation. Article from "Crain's Cleveland Business" Retrieved March 29, 2018
  28. ^1 Dec 2018, Greg Lindenberg on July 7 Minit Mart Sale by TravelCenters of America Is Finalized. Reports from CSP Every Day Retrieved 2021-02-08 Web citation style: CS1 maint: alpha-numeric list: authors' names (link).
  29. ^1 TA will be the title sponsor of a unique "truck challenge" competition at a number of upcoming NASCAR races. US-Based Truck Driver On this day in 2018 (February 22), Retrieved April 2, 2018
  30. ^1 It reads, "TravelCenters of America Supports NASCAR's Great American Race." Review of Tires Date: Tuesday, February 21, 2018 Retrieved April 2, 2018
  31. ^1 Stan Bullard (2017-03-19). TravelCenters has purchased the former Catan's. Cleveland Business Crain's Retrieved April 2, 2018
  32. ] Help for Struggling Truckers from TravelCenters of America Transport by Heavy Trucks July 21, 2017 Retrieved March 30, 2018
  33. The TravelCenters Group Announces the Addition of Bob Evans to Its Family Restaurant Selection Updates from the Newsstand April 3, 2017 Retrieved April 3, 2018
  34. [41][42] It is considered the nation's largest independent commercial tire dealer According to Scott Suttell (April 21, 2016) For the first time, Quaker Steak & Lube is available at TravelCenters of America. Journal of Commerce in Crain's Cleveland Area Retrieved March 27, 2018
  35. In 2017, TA created the "TA Certified" label, and partnered with auction companies to certify used truck conditions before being sold In search of "Non-Traditional Locations," TA's Quaker Steak & Lube Updates from the Newsstand March 12, 2018 Retrieved March 29, 2018
  36. The Acquisition of Quaker Steak & Lube by TravelCenters of America Is Completed. Journal of News Intended for Convenience Stores April 21, 2016 Retrieved April 2, 2018
  37. ^1 "First Quaker Steak & Lube Express opens in TA" US-Based Truck Driver Date: January 11th, 2018 Retrieved April 3, 2018
  38. ^1 The "Quaker Steak & Lube Express Walk-Up Concept" is being introduced by TravelCenters. Updates from the Newsstand On this date in 2018 we find ourselves in the year 2018 Retrieved April 2, 2018
  39. ^1 A. Lancaster (January 29, 2018). TA Plans to Expand Its Quaker Steak & Lube Business. CSP Retrieved April 2, 2018
  40. According to the work of James Jaillet (April 1, 2016). The A/Petro truck repair service is now known as the broader TA Truck Service. The Journal of the Commercial Carrier Retrieved May 9, 2018
  41. ^1 David Zielasko June 13, 2017 As a result of its extensive commercial tire network, TravelCenters of America has experienced rapid expansion in recent years. Cleveland Business Crain's Retrieved March 30, 2018
  42. ^1 According to the article "TA Truck Service Moves Into New Call Facility," Reports from the Newsstand Date: September 29, 2017 Retrieved 2019-10-26
  43. Commercial Tire Network for TravelCenters of America Trucks" To Buy Tires From A State-Of-The-Art Tire Shop On this date in 2016 Retrieved April 3, 2018
  44. Sigmund J. Mikolajczyk Monday, November 7, 2016 The "biggest" commercial dealership in the United States is now open for business, and TravelCenters of America has announced its debut at SEMA. Commerce in Tires Retrieved April 3, 2018
  45. ^1 The focus of TA Truck Service is shifting to local fleets. Transportation with Massive Vehicles On this date in 2017 Retrieved March 30, 2018
  46. TA Roadsquad Opens a Brand-Spanking-New Customer Service Center Native American Truck Driver Sixth of September, 2017 Retrieved April 2, 2018
  • This is how Santa can make his worldwide gift delivery in a single night.
    This is how Santa can make his worldwide gift delivery in a single night. 02:06, Saturday 07/01/2023

    Despite the fact that flying to see Santa Claus (and maybe some reindeer) has become a Concorde-based Finnish tradition, his [ ] Christmas Eve night flight requires intensive planning and execution. Based on our Santa-scientific knowledge, this is how he flies The image is by Eric

  • Dover Thrift Editions' Gulliver's Travels
    Dover Thrift Editions' Gulliver's Travels 00:06, Saturday 07/01/2023

    Prose satirist Jonathan Swift (1667-1745), widely regarded as the best in English, wrote to Alexander Pope that he wrote this masterpiece to "vex the world rather than divert it."

  • Top 10 Winter Vacation Destinations
    Top 10 Winter Vacation Destinations 00:05, Saturday 07/01/2023

    A few advantages do exist during the winter. The holiday season and ski season are both fantastic. However, the icy Aaaah, the chill It penetrates deeply, all the way to the bones, making your teeth chatter and your body shiver. There is good news for those who would like to take a break from the

  • From National Parks to Black Sand Beaches, Here Are 30 Winter Getaways
    From National Parks to Black Sand Beaches, Here Are 30 Winter Getaways 00:03, Saturday 07/01/2023

    We tend to fantasize about two very different kinds of winter getaways—snowy wonderlands and tropical beaches—when the temperature drops. It's not uncommon for us to daydream about a ski trip or a trip to a snow-covered European village one day, and then the next day start making plans

Showing page 1 of 2