Murphy USA and Core-Mark renew strategic supply agreement

Core-Mark will continue to serve as the primary wholesale distributor to the 1,500 stations operated by Murphy USA.

© Lawr - stock.adobe.com

Murphy USA and Core-Mark Holding Company have entered into a new five-year supply agreement to deliver over 75% of the merchandise sold in their stores.

For the next five years, Core-Mark will continue to serve as the primary wholesale distributor to Murphy USA.

"We are confident the Core-Mark team will continue to 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 Chief Executive Officer of Murphy USA.

"We are committed to helping Murphy USA drive growth in sales and margins under this new agreement, strategically aligned to enable both Murphy USA and Core-Mark to benefit from their strategic focus on expanding their food and fresh offering," said Scott E. McPherson, President and Chief Executive Officer of Core-Mark.

Murphy USA is a leading retailer of gasoline and convenience merchandise with more than 1,500 stations located primarily in the Southwest, Southeast, and Midwest United States.