Core-Mark Expands CNG Commitment with Gain Clean Fuel Stations

| USA, South San Francisco CA

Fleet to grow to 200 CNG tractors by end-2014

Core-Mark Holding Company, Inc., one of the largest marketers of fresh and broad-line supply solutions to the convenience retail industry in North America, announced with U.S. Oil the grand opening of the first new GAIN Clean Fuel station in Aurora, Colorado. This marks the third compressed natural gas (CNG) station opened by Core-Mark and the first of five in partnership with U.S. Oil.

Core-Mark has two company owned and dedicated CNG stations in Wilkes Barre, Pennsylvania and Corona, California. This new GAIN Clean Fuel station in Aurora, Colorado represents a partnership between the two companies and is open to the public. Four additional GAIN Clean Fuel stations are expected to open near Core-Mark Divisions by the first quarter of 2015: Sanford, North Carolina; Smyrna, Georgia; Tampa, Florida and Forrest City, Arkansas.

Core-Mark’s commitment to CNG began with conversion of its fleet, with over 100 CNG tractors on the road today and another 100 expected by the end of the year. One of the main advantages of converting fleets to CNG is that it is a cost-effective alternative to diesel fuel, offering a savings of more than $2 per gallon equivalent under current market conditions.

“We are excited about our partnership with U.S. Oil,” said Thomas B. Perkins, President and CEO of Core-Mark Holding Company, Inc. “The transition from diesel to CNG will allow us to purchase more environmentally friendly fuel, reduce our carbon footprint and lower our transportation costs.”

“We continue to see extremely impressive growth in the build out of our nationwide GAIN Clean Fuel network as more carriers seek to convert their fleets,” said Bill Renz, General Manager for GAIN Clean Fuel. “In addition to the cost savings, CNG has lower carbon emissions which are better for the environment and it’s also a domestically produced product, which buffers it from global influences that impact other fuels such as diesel.”

Each GAIN station provides fast-fill capabilities and is strategically located for carriers. The stations also have fleet card acceptance capabilities for trucker convenience and provide reliability to ensure that fleets have a consistent fuel source. Nearly all the GAIN stations are open for public use as well as other carriers not dedicated to GAIN.

(Source: Core-Mark)

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