issues . please help improve it or discuss these issues on the talk page . learn how and when to remove these template messages this article needs additional citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . december 2009 learn how and when to remove this template message this article contains content that is written like an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . june 2014 learn how and when to remove this template message learn how and when to remove this template message world fuel services type public traded as nyse int industry fuel wholesale founded 1984 headquarters miami florida u.s. key people chairman paul h. stebbins president ceo and director michael j. kasbar revenue us 30.3 billion 2015 1 operating income us 247.2 million 2015 2 net income us 186.9 million 2015 3 total assets us 4.5 billion 2015 4 total equity us 1.9 billion 2015 5 number of employees 4 700 may 2016 6 website www.wfscorp.com world fuel services is a fortune 100 company that is based in miami florida . it provides marketing and financing of aviation marine and ground transportation fuel products and related services to commercial and corporate aircraft petroleum distributors and ships at more than 8 000 locations around the world . with 30.38 billion in revenue world fuel services ranked 92nd on the 2015 fortune 500 list . history edit world fuel services corporation grew into a global fuel logistics company from several distinct origins and its evolution continues into the present day . in 1985 paul stebbins and michael kasbar founded trans tec services inc. a marine fuel brokerage company . headquartered in new york city the company focused on building excellence in service technology and logistics in the international marine fuel market . over the next 10 years they and their team successfully grew the company and built a global network of offices located in key markets . by 1994 stebbins and kasbar recognized that achieving transformative growth would require a stronger capital base . they identified international recovery corporation as a company in a similar business capable of funding future growth . the sale of trans tec to international recovery in 1995 enabled the company to significantly increase organic growth and embark on a series of strategic acquisitions . international recovery corporation was founded in miami in 1984 and went public on the new york stock exchange nyse int in 1986 . to help fund growth int purchased an aviation fueling business in 1988 and in a few short years it became the company s primary growth driver . the acquisition of trans tec in 1995 transformed the company into a truly global marine and aviation fuel services company and the name was changed to world fuel services corporation . stebbins and kasbar served as members of the board of directors and managed the marine business prior to taking on the corporate positions they hold today . since 2008 the company has made a series of acquisitions in its principle field and related fields such as the ground fuel market and energy management . 7 8 in 2013 the company was named as a co defendant in various lawsuits as owner of bakken formation light crude oil aboard a montreal maine and atlantic railway train which derailed in lac m gantic quebec on july 6 2013 killing an estimated forty seven people and destroying much of the community s downtown . 9 references edit 10 http finance.yahoo.com quote int financials p int http finance.yahoo.com quote int financials p int http finance.yahoo.com quote int financials p int http finance.yahoo.com quote int financials p int http finance.yahoo.com quote int financials p int http www.forbes.com companies world fuel services u.s. energy services purchased by world fuel services . ethanol producer magazine . 16 august 2013 . retrieved 9 december 2015 . world fuel services new owner of bergen energi . 2 november 2015 . retrieved 9 december 2015 . sparks riley 2013 08 02 . lac m gantic lawsuit targets 11 companies . montreal gazette . retrieved 2013 08 02 . http www.wfscorp.com bibliography fortune 500 2010 . fortune magazine . retrieved 21 march 2011 . world fuel services . funding universe . retrieved 21 march 2011 . world fuel services . answers.com . retrieved 21 march 2011 . external links edit official website retrieved from https en.wikipedia.org w index.php title world fuel services & oldid 743817045 categories companies listed on the new york stock exchangecompanies based in miamihidden categories articles needing additional references from december 2009all articles needing additional referencesarticles with a promotional tone from june 2014all articles with a promotional tonepages using infobox company with unsupported parameters navigation menu personal 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