TravelCenters of America

As truck stop restaurants reopen, will drivers pull up a seat?

TravelCentes of America Dining Room

As the human and economic toll of the COVID-19 pandemic mounts, America is adapting to   changes at dine-in restaurants, including travel plazas dotting the nation’s highways.

“You’d never in the regular course of business, without something like COVID, shut down your restaurants and then try to reopen them in a different way,” said Jon Pertchik, CEO of TravelCenters of America (NASDAQ: TA). “It’s given us an opportunity, if you want to look for a silver lining, to really test ourselves.”

With...

https://s29755.pcdn.co/news/as-truck-stop-restaurants-reopen-will-drivers-pull-up-a-seat

Playing catch-up: TravelCenters of America kick-starts franchising

Truck with TA sign in background

TravelCenters of America (NASDAQ: TA) is pulling the franchise lever to grow its presence on the highway map.

Actively pursuing franchisees to take over existing truck stops is one of CEO Jon Pertchik’s approaches to growing the TA, Petro Stopping Centers and TA Express travel center brands. A new TA Express franchise opened Wednesday in Mount Vernon, Texas.

“The competitors have been eating our lunch in the last few years in terms of adding dots on the map,” Pertchik told FreightWaves in a March...

https://www.freightwaves.com/news/playing-catch-up-travelcenters-of-america-kickstarts-franchising

TravelCenters of America begins reopening dine-in restaurants

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

TravelCenters of America cuts 130 jobs in sweeping reorganization

TA travel center at night

TravelCenters of America (NASDAQ: TA) is cutting 130 corporate jobs as part of a sweeping reorganization announced Friday that adds new executives to oversee restaurants, gaming and convenience stores, corporate development and information technology.

The Westlake, Ohio-based operator of 260 TA, Petro Stopping Centers and TA Express-branded travel centers and truck stops in 44 states and Canada, has more than 21,000 employees.

The reorganization is unrelated to the April 17 furlough of 2,900...

https://www.freightwaves.com/news/travelcenters-of-america-cuts-130-jobs-in-sweeping-reorganization

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