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.

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

Daimler-Class8 partnership.
Fleet Managementby News/Media ReleaseFebruary 2, 2026

DTNA Partners with Class8 to Expand Digital Services for Freightliner Owner-Operators

A new partnership brings free wireless ELD service plus load optimization and dispatch planning tools to fourth- and fifth-generation Freightliner Cascadia customers, with broader model availability planned through 2026.

Read More →
SponsoredFebruary 1, 2026

Reducing Fleet Downtime with Advanced Diagnostics

This white paper examines how advanced commercial vehicle diagnostics can significantly reduce fleet downtime as heavy duty vehicles become more complex. It shows how Autel’s CV diagnostic tools enable in-house troubleshooting, preventive maintenance, and faster repairs, helping fleets cut emissions-related downtime, reduce dealer dependence, and improve overall vehicle uptime and operating costs.

Read More →
SponsoredFebruary 1, 2026

Stop Watching Footage, Start Driving Results

6 intelligent dashcam tactics to improve safety and boost ROI

Read More →
Ad Loading...
M&A illustration with Werner and FirstFleet logos
Fleet Managementby Deborah LockridgeJanuary 29, 2026

Werner Expands Dedicated Fleet Nearly 50% With FirstFleet Acquisition

The $283 million acquisition of FirstFleet makes Werner the fifth-largest dedicated carrier and pushes more than half of its revenue into contract freight.

Read More →
Bobit Business Media B2X Rewards.
Fleet Managementby News/Media ReleaseJanuary 29, 2026

Bobit Business Media Launches B2X Rewards Engagement Program

B2X Rewards is a new, gamified rewards program aimed at driving deeper engagement across BBM’s digital platforms, newsletters, events, and TheFleetSource.com.

Read More →
Trucking Trends series graphic
Fleet Managementby Deborah LockridgeJanuary 29, 2026

AI is Reshaping Trucking in 2026, from the Back Office to the Shop

Trucking’s biggest technology shifts in 2026 have one thing in common: artificial intelligence.

Read More →
Ad Loading...
Column graphic illustration with Deborah Lockridge head shot and a small fleet truck in the background
Fleet Managementby Deborah LockridgeJanuary 27, 2026

Why Small Trucking Fleets Are Still Standing [Commentary]

Why discipline, relationships, and focus have mattered more than size for smaller trucking fleets during the freight recession.

Read More →
Fleet Managementby Deborah LockridgeJanuary 23, 2026

Cargo Theft Is Surging. A Bill in Congress Could Help. [Video]

Cargo theft losses hit $725 million last year. In this HDT Talks Trucking Short Take video, Scott Cornell explains how a bill moving in Congress could bring federal tracking, enforcement, and prosecutions to help address the problem.

Read More →
CargoNet infographic showing 2025 cargo theft trends
Fleet Managementby Deborah LockridgeJanuary 22, 2026

Cargo Theft Losses Jump 60% in 2025 as Criminals Target Higher-Value Freight

Cargo theft activity across North America held relatively steady in 2025 — but the financial damage did not, as ever-more-sophisticated organized criminal groups shifted their cargo theft focus to higher-value shipments.

Read More →
Ad Loading...
Phillips Connect -- McLeod smart trailer TMS.
Fleet ManagementJanuary 22, 2026

Phillips Connect, McLeod Integrate Smart Trailer Data into TMS Workflows

A new partnership between Phillips Connect and McLeod allows fleets to view trailer health, location, and cargo status inside the same McLeod workflows used for planning, dispatch, and execution.

Read More →