🠈 TravelCenters of America 🠊
TravelCenters of America
TravelCenters of America is a nationwide network with over 270 truck stops across America. The company's headquarters are in Westlake, Oh. They trade on NASDAQ with the symbol: TA.
Subsidiaries include the Quaker Steak and Lube restaurant chain.
Travelcenters of America spent a few years as a financial football tossed between even larger firms. They have been holding out as an independent stock for the last few years.
- 1972: Phil Saunders established Truckstops of America.
- 1972: Ryder acquired the new chain.
- 1984: Standard Oil of Ohio acquired the chain.
- 1987: British Petroleum acquired Standard.
- 1993: Clipper Group acquired TA.
- 1997: TA merged with National Auto/Truckstops and changed the company's name to TravelCenters of America Inc. (TA).
- 1998: TA purchased seventeen Burns Bros. Travel Stops.
History of Burns Bros.
- 1947: Jack and Bob Burns founded Burns Bros., Inc. (BBI) as a truck stop aligned with Standard Oil.
- 1995: TA and Burns Bros. formed the TABB fuel network.
- 1999: TA acquired a a dozen units of Travel Ports of America..3
History of Travel Ports of America
- 1979: The company was incorporated as Roadway Motor Plazas, Inc.2. The contracted fuel from W. Griffith Oil Co., Inc.
- 1981: Roadway began developing motels with the Choice Hotel franchise.
- 1986: Roadway held an IPO on NASDAQ.
- 1986: Roadway acquired travel plazas from Smoky Mountain Truckstop, Inc. based in of Asheville, North Carolina for $3,346,444.2.
- 1986: Roadway acquired assets from LaBar Enterprises, Inc. of Berwick, Pennsylvania, for $12,990,233.2
- 1987: Roadway acquired Pecan Shoppe from Harbor Creek, Inc..
- 1989: Roadway acquired L & G Truckers City, Inc. for $4,252,741 in mortgages.
- 1991: Roadway changed its name to Travel Ports of America.
- 2006: Hospitality Properties Trust (HPT) acquired TA for about $1.9 billion.
- 2007: HPT/TA acquired assets of Petro Stopping Centers, and leased 40 Petro locations from HPT.
- 2007: TA began selling shares on the American Stock Exchange as a subsidiary of HPT.5
- 2014: TA acquired Johnsons Corner Truck Stop in Loveland and made it a Petro.7
- 1950: Joe S. Johnson opened his station in Loveland.
- Wikipedia - Travel Centers of America (Drawn 10/23/2019)
- Funding Universe - Truck Ports of America (Drawn 10/23/2019)
- Transport Topics - TA Buys Truck Stop Chain (Drawn 10/23/2019)
- Google Groups - Burns Bros. Acquisition (Drawn 10/23/2019)
- SEC - TSA IPO (Drawn 10/25/2019)
- CSP - TA Rejects Golden Gate Bid (Drawn 10/25/2019)
- Colorado - TA Buys Johnson's Corner (Drawn 10/25/2019)
- Cochise County - Travel: TravelCenters of America
- Mohave County - Automobile: TravelCenters of America
- Navajo County - Automotive: Travel Centers of America
- Phoenix Color - Gas Stations: TravelCenters of America
- Pinal County - Automotive: Travel Centers of America
- Denver Color - Gas Stations: TravelCenters of America
- Fort Collins Color - Automotive: Petro - Johnson Corner
- Grand Junction - Auto: Travel Centers of America
- Missoula Websites - Autos: Travel Centers of America
- Cedar City - Auto: Travel Centers of America
- Tooele - Auto: Travel Centers of America
- Cheyenne, Wyoming. US - Auto: Travel Centers of America
- Laramie, Wyoming - Automotive: Travel Centers of America
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