International House of Pancakes Archives

Truck Talk: Pancakes and chicken edition

12 March 2021

Welcome back to Truck Talk. Subscribe here to get it in your inbox every Friday.

This week, we’re looking at TravelCenters of America resuming conversion of restaurants to International House of Pancake outlets; Bosch’s new semiconductor plant that, while impressive, is too late to help with the current chip shortage, and a very busy week at Mack Trucks.

With sprinkles on top

The deal to convert up to 94 TravelCenters of America restaurants into International House of Pancakes outlets preceded CEO...

https://s29755.pcdn.co/news/truck-talk:-pancakes-and-chicken-edition

TravelCenters of America reprices shares lower, but stock falls again

1 July 2020

TravelCenters of America (NASDAQ: TA) cut the price of its public offering of new shares by more than a third to $14, but its stock price fell again Wednesday, closing below the new asking price.

TA shares closed Wednesday at $13.59, down $1.81 or 11.75% on the NASDAQ.

Westlake, Ohio-based TA planned to sell $75 million worth of shares of new stock at $21.88, the closing price last Friday. But shares cratered on Monday, falling nearly 22%.

The operator of 263 travel plazas and truck stops in 44...

https://www.freightwaves.com/news/travelcenters-of-america-reprices-shares-lower-but-stock-falls-again

TravelCenters of America begins reopening dine-in restaurants

24 May 20205 May 2020

TravelCenters of America sign with truck

TravelCenters of America (NASDAQ: TA) is slowly reopening dine-in restaurants at its travel plazas where allowed, but some changes forced by the COVID-19 pandemic may never be reversed.

“We have already undertaken rolling some locations on and we’re doing it in a prudent and self-disciplined way,” TA CEO Jon Pertchik said on a first-quarter earnings call on Tuesday.

That means fewer hours, about half as many menu items, and as little as 25% occupancy based on state-by-state guidelines. It also...

https://www.freightwaves.com/news/travelcenters-of-america-begins-reopening-dine-in-restaurants