TA Cuts Workforce

March 09, 2008

SHARING TOOLS        | Print Subscribe
TravelCenters of America is cutting back its work force and expects to scale back on expansion projects because of the struggling economy.

Friday, TA announced that it has reduced the workforce at its headquarters and other locations by approximately 190, or about 8 percent of its managerial personnel.

Similar reductions are expected to be made to its hourly workforce, mostly by attrition.
The staffing reductions reflect difficult conditions in the trucking industry, which represents TA's primary customers. In a statement, TA said it believes these industry conditions reflect a general slowing of the U.S. economy. TA also believes that its business which services long haul trucking may reflect a decline in imports into the country as a result of the weakening of the U.S. dollar's value, which raises the price of imports.
TA has also recently undertaken a complete review of its expansion and development activities. TA expects that many of these initiatives will be eliminated or scaled back until industry conditions improve.

Comment On This Story

Comment: (Maximum 2000 characters)  
Leave this field empty:
* Please note that every comment is moderated.


We offer e-newsletters that deliver targeted news and information for the entire fleet industry.


ELDs and Telematics

sponsored by
sponsor logo

Scott Sutarik from Geotab will answer your questions and challenges

View All

Sleeper Cab Power

Steve Carlson from Xantrex will answer your questions and challenges

View All