Tankfreight grabs Gulf
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/Gulf Oil is to contract out its entire fuel distribution operation to Tankfreight from 1 January next year. The contract has yet to be finalised, but is likely to last for six years. Gulf is not prepared to disclose its value.
Redundancies are likely among Gulfs 156 tanker drivers, as Tankfreight expects to have only around 100 vacancies for drivers on the contract.
Gulf managing director David Setchell says: "It is critically important that we are fully competitive in today's marketplace. Customer service is our prime objective and we believe that Tankfreight, as a specialist distribution firm, can help us achieve this."
Gulf currently operates a fleet of 118 tankers, mostly Leyland Roadtrains, for its distribution work, and these will be acquired by Tankfreight.
Gulf, which is a subsidiary of Chevron Corporation of San Francisco, says that the Tankfreight contract will cut distribution costs and make its network more efficient.
The latest contract with Gulf represents another major coup in the fuel distribution sector for Tankfreight, which took over Texaco's delivery business in 1985.