TravelCenters of America Announces TA Truck Service Commercial Tire Network
November 02 2016 - 8:15PM
Business Wire
Creates Largest Independent Commercial Tire
Dealer in the U.S.
TravelCenters of America LLC (TravelCenters), operator of
the TA® and Petro Stopping Centers® travel center brands, announced
today the formation of the TA Truck Service Commercial Tire
Network™.
TA has been a leader in the truck stop tire business for over 40
years. The TA Truck Service Commercial Tire Network allows TA to
meet increased customer demand for flexible, efficient sourcing of
commercial tires.
"We have significantly expanded the ways in
which we may sell tires and the tires that we may sell to our
customers,” said Tom O’Brien, president and CEO of TravelCenters.
“In addition to our traditional retail and ‘national account’
offering, we have already added tire brands, including Cooper Tire
Roadmaster®, Goodyear Marathon® and Kelly®, and expect to add
others soon, including BF Goodrich®, Pirelli® and Formula® by
Pirelli. We have also expanded the array of tire brands available
through both our RoadSquad™ emergency roadside service and our
growing OnSITE™ mobile maintenance service. Many of the tires in
our line up will now also be available for pick-up by customers,
delivery at customer locations and through direct sales. We believe
that the TA Truck Service Commercial Tire Network™ is the largest
independent commercial tire dealer in the United States, and that
we have assembled a leadership and dedicated sales team to bring
the combination of wide product choice, flexible delivery/install
capability, and competitive pricing to our customers that may be
unparalleled in the commercial tire business.”
About TA Truck Service™ and TA Truck
Service Commercial Tire Network™TA Truck Service technicians
are distinguished by more than 2,000 ASE certifications. The TA
Truck Service network includes 243 truck service facilities, 1,079
repair bays, nearly 3,000 technicians, more than 1,600 RoadSquad
Connect™ emergency roadside assistance vehicles and a growing fleet
of OnSITE™ mobile maintenance vehicles.
About TravelCenters of America
LLCTravelCenters of America LLC (TravelCenters),
headquartered in Westlake, Ohio, conducts business in 43
states and Canada, principally under the TA® and Petro
Stopping Centers® travel center brands and the Minit Mart®
convenience store brand. For more information on TravelCenters, TA,
and Petro Stopping Centers, please visit www.ta-petro.com. For
more information on Minit Mart, please
visit www.minitmart.com.
WARNING CONCERNING
FORWARD LOOKING STATEMENTS
THIS PRESS RELEASE CONTAINS STATEMENTS THAT CONSTITUTE FORWARD
LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES
LITIGATION REFORM ACT OF 1995 AND OTHER SECURITIES LAWS.
WHENEVER TA USES WORDS SUCH AS "BELIEVE," "EXPECT," "MAY," “ALLOW”
OR SIMILAR EXPRESSIONS, TA IS MAKING FORWARD LOOKING STATEMENTS.
THESE FORWARD LOOKING STATEMENTS ARE BASED UPON TA'S PRESENT
INTENT, BELIEFS OR EXPECTATIONS, BUT FORWARD LOOKING STATEMENTS ARE
NOT GUARANTEED TO OCCUR AND MAY NOT OCCUR. ACTUAL RESULTS
MAY DIFFER MATERIALLY FROM THOSE CONTAINED IN OR IMPLIED BY
TA'S FORWARD LOOKING STATEMENTS AS A RESULT OF VARIOUS FACTORS.
AMONG OTHERS, THE FORWARD LOOKING STATEMENTS OR IMPLICATIONS WHICH
APPEAR IN THIS PRESS RELEASE THAT MAY NOT OCCUR INCLUDE:
- MR. O’BRIEN’S STATEMENTS THAT THE TA
TRUCK SERVICE COMMERCIAL TIRE NETWORK HAS MORE BRANDS OF TIRES AND
EXPANDED DELIVERY CHANNEL CAPACITY MAY IMPLY THAT TA’S SALES OF
TIRES AND/OR PROFITS MAY INCREASE IN THE FUTURE. IN FACT, TA’S
FUTURE SALES AND PROFITABILITY WILL BE DETERMINED BY MANY FACTORS
INCLUDING CUSTOMER DEMAND FOR PRODUCTS, TA'S ABILITY TO CONTROL
EXPENSES, TA’S ABILITY TO COMPETE WITH OTHER SELLERS OF TIRES, TA’S
ABILITY TO SOURCE THE BRANDS OF TIRES DESIRED BY ITS CUSTOMERS AT
ALL, OR AT PRICES THAT MAKE PROFITABLE SALES POSSIBLE, AND OTHER
FACTORS WHICH ARE BEYOND TA'S CONTROL SUCH AS THE ECONOMY'S GENERAL
CONDITIONS. THERE IS NO ASSURANCE THAT TA'S FUTURE PROFITS WILL
INCREASE, AND, IN FACT, TA MAY EXPERIENCE FUTURE LOSSES.
THE INFORMATION CONTAINED IN TA'S PERIODIC REPORTS, INCLUDING
TA'S ANNUAL REPORT ON FORM 10-K FOR THE YEAR ENDED DECEMBER
31, 2015, WHICH HAS BEEN FILED WITH THE U.S. SECURITIES
AND EXCHANGE COMMISSION, OR SEC, AND TA'S QUARTERLY REPORTS ON FORM
10-Q FOR THE PERIODS ENDED MARCH 31,
2016 AND JUNE 30, 2016, WHICH HAVE BEEN FILED WITH
THE SEC, UNDER THE CAPTION "RISK FACTORS," OR ELSEWHERE IN
THOSE REPORTS, OR INCORPORATED THEREIN, IDENTIFIES OTHER IMPORTANT
FACTORS THAT COULD CAUSE DIFFERENCES FROM TA'S FORWARD LOOKING
STATEMENTS. TA'S FILINGS WITH THE SEC ARE AVAILABLE ON
THE SEC'S WEBSITE AT WWW.SEC.GOV.
YOU SHOULD NOT PLACE UNDUE RELIANCE UPON FORWARD LOOKING
STATEMENTS.
EXCEPT AS REQUIRED BY LAW, TA DOES NOT INTEND TO UPDATE OR
CHANGE ANY FORWARD LOOKING STATEMENT AS A RESULT OF NEW
INFORMATION, FUTURE EVENTS OR OTHERWISE.
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TravelCenters of AmericaTom Liutkus,
440-808-7364tliutkus@ta-petro.com
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