Rochester, NY 8/20/2009 5:46:58 PM
TravelCenters of America LLC, TA - TravelCenters Market Loss Widens by Second Quarter
TravelCenters of America LLC
TravelCenters of America one of the leading Truck stop chain, said Wednesday its second-quarter loss widened to $15 million, or 90 cents per share, from $9.8 million, or 67 cents, during the same quarter of last year.
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Revenue fell to $1.13 billion from $2.28 billion a year ago, the company further announced. TA said “the continued slowing of the U.S. economy presented TA with significant operating challenges.” Oil, diesel and gasoline prices all were at record highs a year ago, and have fallen by about half since then.
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