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TravelCenters of America (TA) is a leading nationwide business that operates travel centers in 44 U.S. states and Canada, standalone truck service facilities in three states, and standalone restaurants in 12 states. TA's travel centers function under the well-known brands such as 'TravelCenters of America,' 'TA,' 'TA Express,' 'Petro Stopping Centers,' and 'Petro.' These centers offer a comprehensive range of services including diesel fuel and gasoline, dining options, truck repair services, travel/convenience stores, and other amenities tailored to enhance the travel experience for professional drivers and other motorists.
The company's truck service facilities operate under the 'TA Truck Service' brand, providing specialized maintenance and repair services. TA's standalone restaurants predominantly operate under the 'Quaker Steak & Lube' (QSL) brand, offering diverse dining options in 12 states.
With a commitment to delivering quality and convenience, TA remains a vital player in the travel and transportation industry. The company has recently announced the release of its second quarter 2023 financial results, which will be discussed in a conference call with investors, analysts, and media. The detailed results will be available on TransAlta's investor center, providing insights into the company's financial health and strategic direction.
TransAlta Corporation, a significant part of TA's operations, focuses on developing and operating a diverse fleet of electrical power generation assets across Canada, the United States, and Australia. Emphasizing sustainable energy solutions, TransAlta is a major producer of wind and hydro-electric power in Canada. Their alignment with UN Sustainable Development Goals and proactive climate change strategies highlight their dedication to environmental responsibility.
For over 111 years, TransAlta has been committed to delivering reliable and affordable power to various sectors, including municipalities, industries, and utility customers. They have achieved notable milestones, such as a 68% reduction in GHG emissions since 2015 and high ratings from CDP and MSCI for their sustainability efforts.
TransAlta Renewables, another significant arm of the corporation, is among the largest publicly traded renewable independent power producers in Canada. Their diverse asset platform includes 26 wind facilities, 13 hydroelectric facilities, 8 natural gas generation facilities, and other renewable energy projects, emphasizing their commitment to clean energy production.
TravelCenters of America (Nasdaq: TA) announced that CEO Jonathan Pertchik and CFO Peter Crage will present at the Stephens Investment Conference on December 1, 2021, at 10:00 a.m. Central Time in Nashville, TN. The presentation will be available via live webcast on the company's investor relations page at www.ta-petro.com. An audio replay will also be accessible for 60 days post-event.
Founded in 1972, TA is the largest publicly traded travel center network in the U.S., operating over 275 locations across 44 states and Canada.
TravelCenters of America Inc. (Nasdaq: TA) has partnered with Mobil Delvac to donate $50,000 to Folds of Honor, supporting educational scholarships for the families of fallen and disabled service members. This marks the fifth consecutive year of donations, totaling $250,000 since their collaboration began. The initiative honors veterans on Veterans Day, emphasizing the importance of education for their families. Folds of Honor has provided nearly 29,000 scholarships since 2007, aiding military dependents affected by war.
TravelCenters of America has initiated the construction of a new TA Express in
TravelCenters of America (Nasdaq: TA) reported a significant financial improvement for Q3 2021, with net income soaring to $22.2 million, a 156.4% increase from the prior year. Adjusted EBITDA rose to $65.2 million, reflecting a 27.7% boost year-over-year. Fuel sales and nonfuel revenues also demonstrated growth, with fuel gross margins increasing by 32.3% and total nonfuel revenues up 7.8%. TA's strong liquidity position stood at $715.2 million as of September 30, 2021, supporting ongoing transformation plans aimed at enhancing operational efficiencies and growth.
TravelCenters of America (Nasdaq: TA) has unveiled a significant transformation plan at its grand re-opening in
TravelCenters of America (Nasdaq: TA) has announced the opening of a new TA Express travel center in Almeda, Texas, on State Highway 288. This site, formerly known as Swift Mart, expands TA's network to 276 locations, including 43 franchised centers. The remodeled facility features amenities such as a Subway, Gourmet Taco Kitchen, and parking for 65 trucks and 25 cars. CEO Jon Pertchik noted that franchising has enabled the company to better serve travelers in the Houston area.
TravelCenters of America (Nasdaq: TA) will announce its third quarter 2021 financial results after the Nasdaq closes on November 1, 2021. A conference call will be hosted on November 2, 2021, at 10:00 a.m. ET by CEO Jonathan Pertchik, CFO Barry Richards, and Treasurer Peter Crage to discuss these results. Participants can join via phone or listen to a live audio webcast on the company's website. An archived replay will be available until November 9, 2021.
TravelCenters operates over 275 locations across 44 states and Canada, focusing on full-service travel needs.
TravelCenters of America (Nasdaq: TA) announces the opening of a new TA Express travel center in Edgerton, Kansas, expanding its nationwide network to 275 locations, including 42 franchises. This 9,000 square foot facility features 90 truck parking spaces and offers various amenities such as a Dunkin’ Express, a deli, and fueling options. The center aims to support professional drivers and motorists along Interstate 35 and is expected to create approximately 30 jobs in the local area, contributing to the city's ongoing growth.
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