Through a new five year supply agreement, Core-Mark Holding Co. Inc. will now be the primary wholesale distributor to Murphy USA Inc.
Core-Mark will deliver over 75% of the merchandise sold in Murphy USA stores. The contract is expected to be effective beginning in the first quarter of 2016 and estimated to generate approximately $1.7 billion in annual revenue for Core-Mark while creating efficiencies and a strategic supply chain relationship for Murphy USA.
“We are confident the Core-Mark team will be an excellent strategic partner for Murphy USA, and we look forward to working together to achieve our mutual goals of profitable growth, efficient operations and superior execution for our stores and our customers,” said Andrew Clyde, president and CEO of Murphy USA.
“This contract win, driven by our trusted relationships and transparent approach, is a bell weather moment for this organization,” said Thomas B. Perkins, president and CEO of Core-Mark. “We are committed to serving Murphy USA stores with operational excellence and an innovative approach.”