Transport Topics Online
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
7/24/2012 8:10:00 AM Write a Letter to the Editor Write a letter to the Editor

Pilot Flying J to Acquire Controlling Stake in Maxum Petroleum

Pilot Flying J announced it will acquire a controlling stake in Maxum Petroleum. Terms were not disclosed.

Maxum is an independent energy logistics company that sells and distributes refined petroleum.

Under the agreement Maxum will remain a stand-alone business under the current CEO,Perot Bissel,  according to Pilot.

Formed in 2004, Maxum has acquired 16 fuel and lubricant distribution companies, and under the new agreement with Flying J will get Western Petroleum LLC in addition to cash. 

Western Petroleum was purchased in February by Pilot.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2012, Transport Topics Publishing Group. All rights reserved.



Follow Us


This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.



© American Trucking Associations, Inc., All Rights Reserved Privacy Statement