The new company, called Pilot Flying J, operates in 43 states and six Canadian provinces and employs more than 20,000 people.
Pilot Flying J is selling 26 locations to Love’s Travel Stops & Country Stores as required by the Federal Trade Commission as a condition for the merger.
In July 2009, Pilot and Flying J announced a preliminary agreement to merge their travel center operations.
Pilot has begun to accept the TCH card, and Flying J has begun to accept Comdata cards.
Other plans call for enhanced restaurant offerings with national brands in all locations. Brand additions to Flying J locations in the new network include Denny’s, Subway and Pizza Hut. Also, drivers’ lounges, new gasoline and diesel pumps, enhanced showers and remodeled restrooms at many locations will be upgraded.
Meanwhile, Flying J’s reorganization plan – which provides for the payment of its creditors in full in cash, plus interest – has been confirmed by the U.S. Bankruptcy Court for the District of Delaware.
Flying J has refinanced some of its debt and sold certain noncore assets, including Longhorn Pipeline, Flying J Oil and Gas, Haycock Petroleum, and Big West of California. The company said these transactions have enabled it to repay in full the $1.4 billion owed its creditors.
To reduce confusion, Flying J will change its corporate name to FJ Management Inc., which will continue to own and operate the Big West Oil refinery in North Salt Lake, Utah, and Transportation Alliance Bank, plus maintain an ownership stake in TCH (Transportation Clearing House) and in Pilot Flying J travel centers.
— Staff reports
CSA testimony focuses on evaluations
Trucking representatives told U.S. House members the Comprehensive Safety Analysis 2010 is good in some regards, but they have concerns about how its data are used in safety evaluations.
Transportation and Infrastructure Subcommittee on Highways and Transit members heard testimony on implementing the Federal Motor Carrier Safety Administration’s agency’s program.
The agency’s rollout of CSA 2010 is expected to be complete by December. CSA will replace the FMCSA’s Motor Carrier Safety Status Measurement System, or SafeStat, with the Carrier Safety Measurement System, which is part of the agency’s CSA initiative.
Agency Administrator Anne Ferro said the University of Michigan Transportation Research Institute is independently evaluating test results, which it will report in December.