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Last Trade
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Last Trade:
$47.36
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Change:
-0.29 (-0.61%)
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Trade Time:
04:07 PM EST
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Market Cap:
$3.41B
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Description of Business
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World Fuel Services Corporation (the "Company") was incorporated in Florida in
July 1984 and along with its consolidated subsidiaries is referred to
collectively in this Annual Report on Form 10-K ("2013 10-K Report") as "World
Fuel," "we," "our" and "us."
We are a leading global fuel logistics company, principally engaged in the
marketing, sale and distribution of aviation, marine, and land fuel and related
products and services on a worldwide basis. We compete by providing our
customers with value-added benefits, including single-supplier convenience,
competitive pricing, the availability of trade credit, price risk management,
logistical support, fuel quality control and fuel procurement outsourcing. We
have three reportable operating business segments: aviation, marine, and land.
We primarily contract with third parties for the delivery and storage of fuel
products, however, in some cases we own storage and transportation assets for
strategic purposes.
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