Posted by john in la on August 07, 2009 at 06:18:53 from (66.157.47.110):
I see Pilot has gone into a preliminary merger agreement with Flying J.
Flying J got into trouble with past oil prices. They were buying product in the future market to try and save or more like make more money and got in trouble when the bottom fell out the market. They were stuck holding high priced fuel and no way to get rid of it. This has caused them to file chapter 11.
On the other hand Pilot can not stop growing. In 2001 Pilot and Speedway that is owned by Marathon Oil merged making it the largest supplier of on road diesel in the states. In 2003 Pilot bought out Williams Truck stops. This buy out caught the attention of the government so they were forced to sell off one small station for every larger station they got from Williams.
If the government lets the Flying J (250 stores)merger go threw this will make Pilot (305 stores) twice as large as its nearest competition T/A (233 stores including the ones it just bought from Petro).
While I do not care how big a company gets especially a private owned company; I do not know how well I like having one person in charge of pricing that much diesel fuel.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Good As New - by Bill Goodwin. In the summer of 1995, my father, Russ Goodwin, and I acquired the 1945 Farmall B that my grandfather used as an overseer on a farm in Waynesboro, Georgia. After my grandfather’s death in 1955, J.P. Rollins, son of the landowner, used the tractor. In the winter 1985, while in his possession the engine block cracked and was unrepairable. He had told my father
... [Read Article]
Latest Ad:
2022 John Deere 5045E, 4wd, front end loader and 3rd function with grapple. 120 hrs, 55k new, must sell
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
