TravelCenters of America Establishes New Business Unit to Advance Sustainable Energy With the launch of eTA, the retailer aims to be at the forefront of important trends such as electrification and decarbonization.
WESTLAKE, Ohio TravelCenters of America Inc. (TA) is launching eTA, a new unit dedicated to partnering with the public sector, private companies and customers to deliver sustainable and alternative energy. As everyday travelers embrace the benefits of energy alternatives and the trucking industry continues its transition toward cleaner and more efficient fuels, TA is uniquely positioned to capitalize on this shift and the significant opportunities it creates, said Jon Pertchik, CEO of TA. Now is the optimal time to sharpen our focus on sustainability, particularly in light of the Biden Administration’s infrastructure plan.
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TravelCenters of America Opens New Location in Wisconsin
April 7, 2021 GMT
WESTLAKE, Ohio (BUSINESS WIRE) Apr 7, 2021
TravelCenters of America Inc. (Nasdaq: TA), nationwide operator of the TA, Petro Stopping Centers and TA Express network of travel centers that offers fueling, convenience store, dining options and other services, is expanding its network with a new TA Express in Osseo, Wisconsin . The former Osseo Truck Stop is a popular location with a loyal customer base of professional drivers and other travelers. The site is converting to a TA Express through a franchise agreement and is the first TA Express to open in Wisconsin.
Senior News Editor
WESTLAKE, Ohio With its current focus on growth, TravelCenters of America Inc. (TA) is expanding its travel center network, while also exploring new opportunities in the areas of foodservice and fuels.
TA is making progress in its restaurant pact with IHOP Restaurants. The retailer is currently converting five full-service restaurants at its travel center locations to the IHOP brand, and could begin 10 more conversions this year.
TA and IHOP Restaurants entered into a franchise development agreement in the fall of 2019 to open up to 94 IHOP locations inside TA and Petro branded locations across the United States over a five-year span.
President and CEO Jonathan Pertchik
WESTLAKE, Ohio One year after taking the helm of TravelCenters of America Inc. (TA), President and CEO Jonathan Pertchik reflected on the beginning of the company s transformation during TA s latest earnings call. 2020 was primarily a year of planning and preparation, a year with the three Ps: people, plan and purse, Pertchik said during TA s fourth-quarter 2020 earnings call, held Feb. 26. We put the team of people together through our reorganization. We developed our transformation playbook or plan, and we developed the purse through our $85-million equity and $200-million debt raise, as well as the installation of a newfound and aggressive cost discipline. We end 2020 prepared to invest capital in growth and remediation, as well as to execute on our broader transformation plans, he added.