Refuel. Replenish. Refresh.

TRAVELCENTERS OF AMERICA Q1 2019 WARNING CONCERNING FORWARD- LOOKING STATEMENTS

This presentation 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,” “anticipate,” “intend,” “plan,” “estimate,” “will,” “may” and negatives or derivatives of these 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. 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.

This presentation contains Non-Gaapfinancial metrics including “EBITDA” and “ADJUSTED EBITDA” in the exhibits section. Reconciliation for those metrics to the closest U.S. generally accepted accounting principles (GAAP) are included here to.

2 TRAVELCENTERS OF AMERICA Q1 2019 INVESTMENT HIGHLIGHTS

Barriers to Entry Right Strategy Commercial Growth One of only three nationwide Our full service approach is a Trucking trends present an operators of travel centers in the competitive advantage that opportunity for travel center United States. allows us to better address fleet companies with a full service company and professional driver strategy. TA is positioned to serve a challenges. broader truck owner market.

Site Expansion Nonfuel Drivers led by Cost Controls & Managing Spending Truck Service, Customer Service TA intends to expand its travel TA i s focused on controlling spending. and Marketing programs center network, through TA is expanding its off site truck franchising, acquisitions and services, and improving the customer development. service and marketing programs it employs.

3 TRAVELCENTERS OF AMERICA Q1 2019 ONE OF ONLY THREE NATIONWIDE OPERATORS OF TRAVEL CENTERS IN THE UNITED STATES.

TA’s business includes 258 full service travel centers and 43 standalone restaurants.

TA sells over-the-road diesel fuel, principally to long-haul truckers, and under multiple oil company brands, at its “TA”, “Petro Stopping Centers” and “TA Express” branded truck stops.

TA’s nonfuel revenues come from truck repair and maintenance, full service restaurants, quick service restaurants, or QSRs, stores and other amenities and services (i.e. showers, scales, parking) designed to appeal to the professional driver and other highway travelers.

FUEL AND NONFUEL REVENUE MIX FUEL AND NONFUEL GROSS MARGIN MIX (1)

23%

30%

LTM Fuel Revenues LTM Fuel Gross Margin LTM Nonfuel Gross Margin LTM Nonfuel Revenues

77%

70%

(1) The 2019 amount excluded $2.8 million of one time loyalty income recognized as a result of implementing a revised customer loyalty program and the 2018 amount excludes $23.3 million benefit from 4 the federal biodiesel blenders’ tax credit that was retroactively reinstated for the full year 2017. TRAVELCENTERS OF AMERICA Q1 2019 POWERFUL MODEL

Focused on Expanding TA’s Full Service Strategy

NONFUEL REVENUE MIX Q1 2019

22%

37% Truck service

Store and retail services

Restaurants

41% 56.4%

SAME SITE NONFUEL REVENUES AND NONFUEL MARGIN 55.6% 55.5% $1,717 $1,778 55.0% +3.6% $2,000 62.0%

NONFUEL REVENUE GROWTH Q1 19 vs. $1,800 7.0% Q1 18 $1,600 61.5% 6.0% $1,400

$1,200 60.9% 61.0% 5.0% 61.9% 61.8% $1,000 $423 $434 4.0% $800 +2.7% 60.5% (Millions) $600 60.4% 3.0% 5.9% $400 60.0%

2.0% $200 3.0% $- 59.5% 1.0% 2.4%

0.0% Consolidated Same Site Nonfuel Revenue Consolidated Same Site Nonfuel Margin Percentage Truck service Store and retail services Restaurants 5 TRAVELCENTERS OF AMERICA Q1 2019 THE TA FOOTPRINT

TA has the geographic footprint in place to support professional drivers and highway motorists.

More than 50% of TA’s travel centers are located Morein the than 13 50% states of withTA’s travel the highest centers concentration are located in the 13 states withof truck the highest traffic. concentration of truck traffic. U.S. Freight # of TA/ State Activity Rank Petro Sites Texas 1 23 California 2 13 Illinois 3 11 Ohio 4 15 Pennsylvania 5 11 NY, NJ, FL, MI, GA, IN, NC, LA 6-13 58 Total 131

(1) Source: Bureau of Transportation Statistics 2012 Commodity Flows Survey. Freight activity is ranked by dollar value of totalshipment.

6 TRAVELCENTERS OF AMERICA Q1 2019 ABOVE THE COMPETITION For 45 years, TA has been focused on full service due to the value it brings customers and TA. Our two competitors recognize this and they are trying to catch up.

STORE/RETAIL SERVICES TRUCK SERVICE -Fresh Food Offerings. -Nationwide Truck Maintenance & Repair. -Premium Coffee. -Roadsquad: Roadside Emergency Service & Call -Parking/Showers. Center Services. -Tobacco. -Tech OnSITE: TA Mobile Maintenance. -Lottery. -Commercial Tire Network: Independent Tire Dealer. -Driver & Cab Retail Items. -Scales.

LARGE SITES FOOD SERVICE -A typical site includes ~200 truck parking spaces on -236 Casual Dining Restaurant. ~25 acres that provides more parking, showers, -453 Quick Service Restaurant(s) "QSR“. laundry, business center services, fitness and -Grab N Go options. entertainment options than primary competitors. -Two proprietary casual dining brands Iron Skillet & Country Pride, fast casual offerings like Black Bear Diner, Bob Evans and Fuddruckers. -37 QSR Brands.

COMPETITOR SITES

SMALLER SITES A typical site includes ~80 truck parking spaces on ~9-13 acres with fewer services and food service choices.

7 TRAVELCENTERS OF AMERICA Q1 2019 SOLID LONG TERM INDUSTRY OUTLOOK

In absolute terms, while trucks' share of total tonnage is projected to decline, its total volume transported is projected to increase substantially more than any other transportation mode.

(1) (1) (1) TRUCKS’ SHARE OF TOTAL TONNAGE TRUCKLOAD (“TL”) VOLUME TRUCKS SHARE OF TOTAL FREIGHT REVENUE Average Annual Expansion. Estimated

70.7%

67.9% 67.1%

2017 2023 2028 Truckload tonnage growth reflects the anticipated performance of key commodities and freight-market segments.

(1) American Trucking Associations: The U.S. Freight Transportation Forecast.

TA’s primary focus has been to provide fuel and nonfuel products and services to long haul truck drivers.

31 MIL COMMERCIAL TRUCKS

Of which

3.6MIL ARE CLASS 8 TRUCKS

Of which

~ 1 MIL ARE LONG HAUL TRUCKS

8 American Trucking Associations & TA estimates. TRAVELCENTERS OF AMERICA Q1 2019 THE CHANGING LANDSCAPE

The maturation of online spending continues and this is contributing to how goods are trucked. It is expected there will be more trucks delivering more packages via shorter hauls. These deliveries are occurring through LTL, TL with LTL capabilities and private truck companies at the expense of certain truck load carriers. (1) But TL carriers are expected to remain significant.

TRUCKLOAD TONNAGE (2) GROWTH IN LESS-THAN-TRUCKLOAD (“LTL”) TONNAGE (2) 120%

1% 1% 2% 100% 153.4 179.1 206.9 million million million 80% 49% 49% 48% Less-than-Truckload 60% Truckload Private Truck 40%

50% 50% 50% 20%

2018 2023 2028 0% (1) Stifel Nicolaus 2018 2023 2028 (2) American Trucking Associations: The U.S. Freight Transportation Forecast.

LESS-THAN-TRUCKLOAD-VOLUME (“LTL”) Average Annual Expansion.

9 TRAVELCENTERS OF AMERICA Q1 2019 DRIVER SHORTAGE In many cases, fleets are looking for solutions like TA to help them maximize driver retention.

There is a driver shortage in the for-hire truckload industry(1). Increasing federal regulation and restrictions are contributing to the shortage and affecting driver/fleet profitability:

SAFETY REGULATION DRIVER HOURS ELECTRONIC PENALTIES FOR ENFORCEMENT + OF SERVICE + LOGGING DEVICES + PARKING ILLEGALLY

= Fleets Are Looking For Solutions To Increase Driver Satisfaction and Driver Efficiency Which Can Help Retain Drivers.

2011 2016 2018

Ar e a Category Driver Preference for TA and Petro vs. Next Closest Brand

Overall Best Truck Stop Experience 3 to 1 5 to 1 6 to 1 Most Comprehensive Driver Services 4 to 1 5 to 1 7 to 1 Parking Lots Largest 3 to 1 7 to 1 6 to 1 Easiest to Maneuver 3 to 1 6 to 1 5 to 1 Restaurants Best Overall Experience - 5 to 1 6 to 1 Best Overall Food 4 to 1 6 to 1 6 to 1 Truck Repair & Best Overall Maintenance Shops 4 to 1 4 to 1 5 to 1 Maintenance Most Complete Services 5 to 1 7 to 1 7 to 1 Best Roadside Assistance - 4 to 1 4 to 1

10 (1) American Trucking Associations:. TRAVELCENTERS OF AMERICA Q1 2019 SITE EXPANSION

TA intends to provide a larger number of stopping points for customers in 2019.

 TA intends to selectively franchise, acquire or develop full service travel centers where demand exists in its network.

 TA intends to selectively franchise, acquire or develop smaller format TA Express travel centers to complement TA’s full service network.

TA’s goal is to add twenty sites to its network in 2019, primarily through franchising.

11 TRAVELCENTERS OF AMERICA Q1 2019 TRUCK SERVICE NEW SOLUTIONS. NEW CUSTOMERS. TA is investing in truck service to (1) meet the expanding needs of TA’s traditional customers as they participate in long haul and LTL deliveries and (2) to expand the universe of customers TA serves.

TRADITIONAL CUSTOMERS: TRADITIONAL CUSTOMERS: EXPAND NONTRADITIONAL CUSTOMERS: SOLUTIONS FOR CLASS 8 TRUCKS CUSTOMER COVERAGE TO INCLUDE RETAILERS’ PRIVATE, FOR-HIRE AT TERMINALS AND TRAILER CLASS 4-7 TRUCKS. FLEETS AND SMALL-TO-MEDIUM YARDS. BUSINESSES WITH CLASS 4-7 TRUCKS.

TA Truck Service, Commercial Tire Network, In the first quarter 2019: Tech OnSITE and RoadSquad provide traditional and nontraditional customers  Tire unit sales increased 3.8% versus the with a single source, nationwide solution for same quarter last year. tires, quality parts, maintenance and repair  RoadSquad work orders increased by services without limitation to where or when 3.4% versus the same quarter last year. the service is performed.  Tech OnSite work orders increased 83% versus the same quarter last year.

12 TRAVELCENTERS OF AMERICA Q1 2019 TRUCK SERVICE: TECH ONSITE, COMMERCIAL TIRE NETWORK & ROADSQUAD

Service Locations

Extend maintenance, repair and inspection solutions beyond TA’s truck bays with TA vehicles going to the customer. Services include truck & trailer maintenance, ELD installations, trailer rebranding, trailer repairs, GPS installation, DOT inspection and certifications. Provide brands and capabilities of an independent tire dealer at customer locations. Services include multiple tire and retread brands, location deliveries, casing management program.

Provide emergency service call center support and roadside repair service 24/7/365.

Services include roadside truck repair, call center, tire & repair, shift support and maintenance centralization. 13 TRAVELCENTERS OF AMERICA Q1 2019 CUSTOMER PROFILES

CUSTOMER

A company responsible for thousands of utility trucks utilize terminals 31 MIL COMMERCIAL TRUCKS across the country to service their boom and lift equipment. They are pleased to meet a coast to coast provider that can perform traditional chassis work. Altec also needs help debranding and inspecting vehicles being turned in from leasing programs.

Of which

CUSTOMER

A large retailer with a growing fleet of tractors and trailers requires mobile 3.6MIL ARE CLASS 8 TRUCKS maintenance and roadside assistance in addition to in-bay services to ensure its logistics operations run smoothly.

Of which

CUSTOMER

~ 1 MIL ARE LONG HAUL TRUCKS

Combining services like fuel, large full service travel centers, roadside emergency repair and call center support so a fleet can devote resources to its core business.

14 TRAVELCENTERS OF AMERICA Q1 2019 FOCUS ON CUSTOMER SERVICE

TA unveiled an improved UltraONE customer loyalty program in January that rewards professional drivers for their business and loyalty in redefined ways.

TA’s ULTRA ONE LOYALTY PROGRAM IS UNIQUE

-Drivers can earn points more quickly, based on fuel volume from the previous month. -Drivers have two ways to earn rewards which provides them with more flexibility in their reward redemptions.

15 TRAVELCENTERS OF AMERICA Q1 2019 RETAIL SERVICES & RESTAURANTS TA is focused optimizing retail services, pursuing strategies to attract more restaurant customers and controlling restaurant operating costs.

QUICK SERVICE RESERVE IT FULL SERVICE RESTAURANTS RESTAURANTS

Optimize Reserve It! Parking at truck stops. Replace Casual Dining Restaurant Brand Replace Casual Dining Restaurant Brand with with better known Consumer Brands. better known Consumer Quick Service Restaurant Brand. Optimize Operating Hours and Labor Costs.

16 TRAVELCENTERS OF AMERICA Q1 2019 COST/SPENDING CONTROL

While TA positions itself to compete in a broader market, the company is focused on controlling costs and managing spending.

CONTROL COSTS and MANAGE SPENDING 2019

Rent Expense: -Rent Renegotiation with landlord, Hospitality Properties Trust (HPT) Site level Operating Expense: - IT Implementation to help reduce costs in restaurants -Site level labor efficiencies Expenditures: -Estimate sustaining capital amounts of ~$30 million. -Overall net capital expenditure amounts of ~$100 million.

The combination of TA’s site expansion, nonfuel, customer service and costs savings initiatives should lead to a much improved Net Income and Adjusted EBITDA result in 2019 compared to 2018.

17 TRAVELCENTERS OF AMERICA Q1 2019 JANUARY 2019 TRANSACTION WITH HPT TA used proceeds from the sale of its standalone portfolio to acquire properties and amend leases with landlord, HPT. TRANSACTION RESULTS IN RENT SAVINGS OF $43.1 MILLION  In January, TA purchased 20 travel centers from HPT for $308.2 million. -TA previously operated the travel centers, which are located in 15 states. -TA continues to lease 179 properties under its five leases with HPT.

 TA’s aggregate annual minimum rent due to HPT was reduced by $43.1 million and the term of each lease was extended. -The aggregate annual minimum rent due under TA’s five leases with HPT was reduced to $243.9 million. -TA and HPT extended the term of each lease by three years (2029-2035).

 TA will repay its $150 million deferred rent obligation to HPT at a discounted amount of $70.5 million. -The $70.5 million of deferred rent will be paid to HPT in 16 equal quarterly installments beginning on April 1, 2019. This obligation previously had been payable in five installments at staggered due dates between June 2024 and December 2030.

 The lease amendments will increase the potential percentage rent payable by TA to HPT beginning in 2020 by an amount equal to 0.5% of the excess of nonfuel revenues at each leased site over the nonfuel revenues for 2019.

18 Exhibits

19 EXHIBIT A

Consolidated Statements of Operations

Three Months Ended March 31, 2019 2018 ($ in thousands except per share data) Revenues: Fuel $ 983,141 $ 986,345 Nonfuel 440,874 423,875 Rent and royalties from franchisees 3,277 4,110 Total revenues 1,427,292 1,414,330

Gross margin: Fuel 74,747 82,897 Nonfuel 272,606 262,464 Rent and royalties from franchisees 3,277 4,110 Total gross margin 350,630 349,471

Site level operating expense 232,720 223,012 Selling, general & administrative expense 37,110 36,494 Real estate rent expense 66,413 70,236 Depreciation and amortization expense 24,759 20,546

Loss from continuing operations $ (12,729) $ (6,027)

Loss from discontinued operations, net of taxes $ - $ (4,051) Net loss attributable to common shareholders $ (12,747) $ (10,112) Net loss per common share from continuing operations attributable to common shareholders $ (0.32) $ (0.15)

20 EXHIBIT B

Calculation of Adjusted EBITDA

Three Months Ended March 31, ($ in thousands) 2019 2018 Calculation of EBITDA & Adjusted EBITDA: Net loss $ (12,729) (10,078) Less: Benefit for income taxes (5,267) (3,663) Add: Depreciation and amortization expense 24,759 20,546 Add: Interest expense, net 7,050 7,580 EBITDA $ 13,813 $ 14,385 Add: Costs of HPT transactions(1) 458 - Add: Executive officer retirement agreement expenses(2) - 1,780 Add: Comdata legal expenses(3) - 78 Less: Loyalty award expiration(4) (2,911) - Add: Loss from discontinued operations, net of taxes - 4,051 Less: Federal biodiesel blenders' tax credit(5) - (23,251) Adjusted EBITDA $ 11,360 $ (2,957)

1. In January 2019, TA entered transaction agreements pursuant to which it amended its leases with HPT. During the three months ended March 31, 2019, TA incurred $0.5 million of expenses associated with the amendments of the leases. 2. As part of TA's retirement agreements with a certain former officer, TA agreed to accelerate the vesting of previously granted share awards and make a cash payment. This acceleration and cash payment resulted in additional compensation expense of $1.8 million for the three months ended March 31, 2018. 3. During the three months ended March 31, 2018, TAincurred $0.1 million of legal fees in its litigation with Comdata Inc. 4. During the three months ended March 31, 2019, TA introduced a new customer loyalty program, UltraONE 2.0. As a result of introducing the new customer loyalty program, TA recognized $2.9 million additional revenue during the three months ended March 31, 2019. 5. On February 8, 2018, the U.S. government retroactively reinstated the 2017 federal biodiesel blenders’ tax credit. TA's recovery as a result of this tax credit was $23.3 million and was recognized in February 2018. This amount was collected during the remainder of 2018.

21 EXHIBIT C

TravelCenters Same Site Operating Data

Three Months Ended March 31, (in thousands) 2019 2018 Fuel volume 460,086 451,081 Nonfuel revenues $ 434,227 $ 422,718

Fuel gross margin 74,153 82,156 Nonfuel gross margin 268,325 261,519 Total gross margin $ 342,478 $ 343,675

Site level operating expenses 228,621 221,910 Site level gross margin in excess of site level operating expenses $ 113,857 $ 121,765 Less: Loyalty award expiration(1) (2,812) - Less: Federal biodiesel blenders' tax credit(2) - (23,234) Adjusted site level gross margin in excess of site level operating expenses $ 111,045 $ 98,531

1. During the three months ended March 31, 2019, TA introduced a new customer loyalty program, UltraONE 2.0. As a result of introducing the new customer loyalty program, TA recognized $2.9 million additional revenue during the three months ended March 31, 2019. 2. On February 8, 2018, the U.S. government retroactively reinstated the 2017 federal biodiesel blenders’ tax credit. TA's recovery as a result of this tax credit was $23.3 million and was recognized in February 2018. This amount was collected during the remainder of 2018.

22 EXHIBIT D

Consolidated Balance Sheet March 31, December 31, ($ in thousands) 2019 2018 Assets Cash and Cash equivalents $ 24,749 $ 314,387 Accounts receivable, net 138,561 97,449 Inventory 194,168 196,721 Other current assets 29,290 35,119 Total current assets 386,768 643,676

Property and equipment, net 883,960 628,537 Goodwill and intangible assets, net 47,252 48,146 Operating lease assets 1,827,690 - Other noncurrent assets 98,741 121,749 Total assets $ 3,244,411 $ 1,442,108

Liabilities and Shareholders' Equity Accounts payable $ 189,023 $ 120,914 Other current liabilities 145,573 125,668 Current lease liabilities 93,981 42,109 Total current liabilities 428,577 288,691

Long term debt, net 320,748 320,528 Other noncurrent liabilities 52,033 28,741 Noncurrent lease liabilities 1,918,377 353,756 Total liabilities 2,719,735 991,716

Shareholders' equity (40,398 and 40,402 common shares outstanding 524,676 450,392 as of March 31, 2019 and December 31, 2018, respectively) Total liabilities and shareholders' equity $ 3,244,411 $ 1,442,108

Note: As a result of adopting ASC 842 on January 1, 2019, operating lease assets of $1,785.9 million and total operating lease liabilities of $1,997.0 million were recognized in TA’s consolidated balance sheet. TA recognized an adjustment to its beginning accumulated deficit totaling $86.2 million.

23 EXHIBIT E

Pro Forma Statements of Operations

Year ended December 31, 2018 LTM March 31, 2019 ($ in thousands) As Reported Adjustments(1) Pro Forma As Reported Adjustments(1) Pro Forma Total revenues $ 6,232,999 $ - $ 6,232,999 $ 6,245,961 $ - $ 6,245,961

Total cost of sales 4,786,953 - 4,786,953 4,798,756 - 4,798,756

Site level operating expense 914,730 - 914,730 924,438 - 924,438 Selling, general & administrative expense 137,945 - 137,945 138,561 - 138,561 Real estate rent expense 283,476 (43,148) 240,328 279,653 (34,400) 245,253 Depreciation and amortization expense 83,179 16,184 99,363 87,392 12,903 100,295

Loss from continuing operations (2,773) 20,304 17,531 (9,475) 16,187 6,712 Loss from discontinued operations, net of taxes (117,631) 20,304 (97,327) (113,580) 16,187 (97,393) Net loss (120,404) 20,304 (79,796) (123,055) 16,187 (90,681) Less: Benefit for income taxes (1,574) 6,660 5,086 (3,178) 5,310 2,132 Add: Depreciation and amortization expense 83,179 16,184 99,363 87,392 12,903 100,295 Add: Interest expense, net 29,003 - 29,003 28,473 - 28,473 EBITDA (9,796) 43,148 53,656 (10,368) 34,400 40,219 Add: Costs of HPT transactions(2) 364 - 364 822 - 822 Add: Executive officer retirement agreement expenses(3) 3,571 - 3,571 1,791 - 1,791 Add: Comdata legal expenses(4) (9,967) - (9,967) (10,045) - (10,045) Less: Loyalty award expiration(5) - - - (2,911) - (2,911) Add: Loss from discontinued operations, net of taxes 117,631 - 117,631 113,580 - 113,580 Less: Federal biodiesel blenders' tax credit(6) (23,251) - (23,251) - - - Adjusted EBITDA $ 78,552 $ 43,148 $ 142,004 $ 92,869 $ 34,400 $ 143,456

1. The pro forma adjustments for the twelve months ended December 31, 2018 and March 31, 2019, include the aggregate effects of the transactions contemplated by the Transaction Agreements TA entered on January 16, 2019, i ncludi ng, among other things, TA 's purchase from HPT of 20 travel centers historically leased from HPT and a reduction of TA 's rent payable to HPT. These pro forma adjustments assume the transaction occurred on January 1, 2018, and include (1) reduction of annual minimum rent of $43,148 TA will rea li ze pursuant to the Transaction Agreements if all 20 properties are purchased and (2) additional depreciation of $16,184 related to the assets TA is acquiring as a result of purchasing these travel centers. The net effect of the pro forma adjustments is tax affected using TA 's statutory income tax rate of 24.7%. 2. In January 2019, TA entered transaction agreements pursuant to which it amended its leases with HPT. Duri ng the twelve months ended December 31, 2018 and March 31, 2019, TA i ncurred $0.4 million and $0.8 million, respectively, of expenses associated with the amendments of the leases. 3. As part of TA 's retirement agreements with certain former officers, TA agreed to accelerate the vesting of previously granted share awards and make a cash payment. These accelerations and cash payment resulted in additional compensation expense of %3.6 million and $1.8 million for the twelve months ended December 31, 2018 and March 31, 2019, respectively. 4. For the twe lve months December 31, 2018, TA incurred $0.1 million of legal fees in its litigation with Comdata Inc.. On April 9, 2018, the Court entered its fi nal order and judgment, or the Order. Pursuant to the Orde r, Comdata was required to, among other thi ngs, reimburse TA for attorneys' fees and costs, together with interest, in the amount of $10.7 million, which TA collected in April 2018. As a result, TA recognized a $10.1 million reduction in selling, general and administrative expenses for the twelve months ended December 31, 2018 and March 31, 2019. 5. Duri ng the three months ended March 31, 2019, TA i ntroduced a new customer loyalty program, UltraONE 2.0. As a result of i ntroduci ng the new customer loyalty program, TA recognized $2.9 million additional revenue during the twelve months ended March 31, 2019. 6. On February 8, 2018, the U.S. government retroactively reinstated the 2017 federal biodiesel blenders’ tax credit. TA 's recovery as a result of this tax credit was $23.3 million and was recognized in February 2018. This 24 amount was collected during the remainder of 2018. Refuel. Replenish. Refresh.

TRAVELCENTERS OF AMERICA Q1 2019

25