TravelCenters of America (TA) bought Union 76,a chain of national truck stops, in 1997. The company closed some locations and renamed others under its own brand name.
In 1998 the company acquired 19 Burns Bros Travel Stops.
In 2007 TravelCenters of America bought out rival Petro Stopping Centers. Afterwards TA continued using both the T/A and Petro brands.
Today the company has a network of 250 interstate highway travel centers in more than 40 states and Canada.
The locations operating under the TCA and Petro names have fuel, fast food, sit-down restaurants, convenience stores, and lodging. Some locations also offer “trucker-only” services such as shower facilities, laundry, TV rooms, and truck repair.
TravelCenters of America trades publicly on the New York Stock Exchange under the ticker symbol TA, is #329 in the Fortune 500, has 20,259 employees, and had $6.052 billion in revenue in 2017.
Despite the coronavirus crisis, the company saw favorable revenue in the third quarter of 2020.