World Fuel Services Corporation · Miami, FL United States ·(NYSE: INT)
Company Description
Phone: 305-428-8000
Fax: 305-392-5600
Rankings
- #137 in FORTUNE 500
- S&P 600
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You can't fuel all the people all the time, but World Fuel Services tries hard to do just that. World Fuel Services provides fuel and services to commercial and corporate aircraft, petroleum distributors and ships at more than 2,500 locations around the world, 24 hours a day. The company estimates it holds more than 10% of the global marine fuels market. Its aviation fueling business focuses on serving small to medium-sized air carriers, cargo and charter carriers, and private aircraft. World Fuel Services also markets fuel and related services to petroleum distributors operating in the land transportation market. All told it operates 43 offices in 23 countries. To read the full description, subscribe now.
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Key World Fuel Services Corporation Financials
| Company Type | Public - NYSE: INT Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $18,509.4 |
| 2008 Employees | 1,164 |
World Fuel Services Corporation Executives
38 executives listed for World Fuel Services Corporation's Miami, FL location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Paul Stebbins | Network |
| President, COO, and Director | Michael Kasbar | Network |
| EVP and CFO | Ira Birns | Network |
Competition
Competitive Landscape for World Fuel Services Corporation
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top World Fuel Services Corporation Competitors
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