Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

Travel Centers of America Profits Surge

The parent to the truckstop chains TA and Petro reported sharp increases in its profits for the final quarter of last year and for all of 2014.

by Staff
March 13, 2015
Travel Centers of America Profits Surge

Photo: Jim Park

2 min to read


Photo: Jim Park

The parent to the truckstop chains TA and Petro reported sharp increases in its profits for the final quarter of last year and for all of 2014.

Ad Loading...

Travel Centers of America LLC saw its fourth quarter net income jump from the same time in 2013 by 186.8% to $34.2 million dollars. Revenue during the period fell 9.5% to $1.7 billion.

Ad Loading...

Net income for 2014 compared to 2013 surged 92.8% to $61 million while revenue slipped 2.1% to $7.8 billion.

“While the significant move in fuel product pricing during the second half of 2014 contributed to much of the year over year improvement with respect to TA's fuel gross margins, we also remain committed to provide customers with competitively priced fuel and the nonfuel products and services necessary to support and enhance their travel experiences,” said Thomas M. O'Brien, CEO. “The results of these efforts produced solid nonfuel growth at both our same sites and newly acquired locations. Also, our ability to manage site level expenses at both our same site and newly acquired locations contributed to the positive results.”

Travel Centers has 174 locations that operate under the Travel Centers of America banner while 76 operate under the Petro Stopping Centers name, plus 34 convenience stores with retail gas stations, primarily under the Minit Mart brand name.

The company said its fuel revenue for the 2014 fourth quarter and year declined from the prior year periods primarily due to the sharp decline in market prices for fuel during the last five months of 2014. Nonfuel revenue for the 2014 fourth quarter increased by $46.8 million over the prior year quarter. About half of this increase came from same site revenue growth and the other half came from revenue at sites the company acquired since the beginning of the fourth quarter of 2013.

"Looking ahead, our program of internal growth initiatives is robust and our pipeline of potential acquisitions continues to be reasonably full. While it is uncertain whether fuel gross margins will remain as elevated as in the 2014 fourth quarter, they have abated somewhat thus far in the first quarter of 2015,, our operating performance and growth opportunities have me more enthusiastic about TA's prospects than I have been at any other time since I began working for the company,” said O'Brien.

 

 

 

More Fleet Management

ATA President Chris Spear.
Fleet Managementby Jack RobertsMarch 17, 2026

ATA’s Spear Warns Fuel Prices, Trade Policy, and Global Conflict Could Stall Trucking Recovery

Speaking at the TMC Annual Meeting in Nashville, ATA President Chris Spear said trucking faces mounting pressure from rising fuel prices, geopolitical instability, and uncertainty around trade policy.

Read More →
Illustration of author headshot with black-and-white old-fashioned rig in the background

New Entrants, Chameleon Carriers, and Safety: Is It Too Easy to Start a Trucking Company?

More than 100,000 new trucking companies enter the industry each year, but regulators manage to audit only a fraction of them. That churn creates opportunities for inexperienced startups — and for “chameleon carriers” that shut down after safety violations and reappear under new identities. Read more from Deborah Lockridge in this commentary.

Read More →
Panel discussion
Fleet Managementby Deborah LockridgeMarch 12, 2026

Fleet Managers Invited to Apply for Exclusive HDT Exchange Event

HDTX is an intimate event that connects heavy-duty trucking fleet managers with industry suppliers through small-group discussions, educational sessions, and structured one-on-one meetings.

Read More →
Ad Loading...
DAT iPhone Widget.
Fleet Managementby News/Media ReleaseMarch 12, 2026

DAT Launches iPhone Widget to Help Owner-Operators Find Loads Faster

New DAT One feature shows top-paying loads directly on an iPhone’s home screen, helping carriers react faster to spot-market opportunities.

Read More →
Optimal Dynamics Scale screen shot
Fleet Managementby News/Media ReleaseMarch 12, 2026

Optimal Dynamics Launches AI System to Help Carriers Choose Better Freight

Optimal Dynamics says its new Scale platform uses AI agents and optimization to help carriers find and secure freight that improves network balance and profitability.

Read More →
DAT March 2026 trucking conditions.
Fleet Managementby Jack RobertsMarch 12, 2026

DAT: Flatbed Demand Climbs as Van and Reefer Rates Soften

DAT Freight & Analytics data shows tightening flatbed capacity, easing produce markets, and softening van and reefer rates.

Read More →
Ad Loading...
YouTube thumbnail with Mike Roeth of NACFE saying "NACFE's Messy Middle: Which Fuel Wins?"
Fuel Smartsby Deborah LockridgeMarch 11, 2026

Run on Less “Messy Middle” Data Shows Multiple Paths Forward for Truck Powertrains [Watch]

NACFE's Run on Less - Messy Middle project demonstrates the power of data in helping to guide the future of alternative fuels and powertrains for heavy-duty trucks.

Read More →
Illustration of crowded New York street overlaid with dollar signs
Fleet Managementby Deborah LockridgeMarch 11, 2026

Federal Court Lets NYC Congestion Pricing Continue

A federal court ruling allows New York City’s congestion pricing program to continue, leaving truck tolls in place for fleets delivering into Manhattan.

Read More →
Fontaine Modification Access365
Fleet Managementby News/Media ReleaseMarch 10, 2026

Fontaine Modification Launches Real-Time Truck Modification Tracking Portal

Fontaine Modification has introduced a new customer portal designed to give fleets real-time visibility into the truck modification process, addressing one of the most common questions fleet managers face: “Where’s my truck?”

Read More →
Ad Loading...
FTR Tucking Conditions March 2026.
Fleet Managementby Jack RobertsMarch 10, 2026

FTR: Trucking Conditions Index Climbs to Highest Level Since 2022

Strong freight rates, rising volumes and tighter capacity push trucking conditions higher, though diesel prices could temper gains in the near term, FTR cautions.

Read More →