Kenan Advantage Group (KAG) has signed a five-year transportation agreement with 7-Eleven Inc., becoming the chain’s single-source provider of bulk fuel transportation and logistics services.
KAG is North America’s largest bulk transportation and logistics provider to the petroleum and specialty products industries. The contract, signed in July, is valued at more than $300 million.
"Extending this long-standing agreement with 7-Eleven is an indication of the strength of our relationship and the value that we deliver as a ‘single-source’ provider with our national presence,” said Dennis Nash, president and chief executive officer of KAG. "Aligning ourselves with the country’s largest convenience store operator speaks directly to our commitment to excellence and the value-added services we provide our customers.”
KAG’s fleet consists of more than 3,100 power units and 4,100 trailers, and the company also provides specialized supply chain logistics services through KAG Logistics and KAG Ethanol Logistics.
Based in Canton, Ohio, KAG operates nationwide through its subsidiaries, which include Advantage Tank Lines, BXI, KAG West, Kenan Transport, Klemm Tank Lines, North Canton Transfer, Petro-Chemical Transport and Transport Service Co.
"We are focused on streamlining our business and gaining efficiencies which includes using companies such as KAG,” said Gary Lockhart, 7-Eleven’s vice president of gasoline supply. “This agreement provides a complete supply chain solution for our fuel needs today and positions us well for future growth."