TA lays off employees; plans to scale back expansion plans

| Monday, March 10, 2008

Travel Centers of America has laid off 190 employees at its headquarters and other locations and company officials said they plan to make similar reductions in their hourly work force.

In a press release, TA officials also stated that they expect to eliminate or scale back many of the national chain’s expansion plans.

A company official said the cutbacks reflect “difficult conditions in the trucking industry which represents TA’s primary customers.”

TA, which also operates the Petro Stopping Centers, is reportedly the largest truck stop chain in the U.S. Just seven months ago TA officials announced it would spend $135 million to fix up its truck stops.

Comments