# World Kinect

> World Kinect Corporation, operating commercially as World Fuel since April 2026, sources and distributes aviation, marine and ground transportation fuels and related services across more than 200 countries and territories. Its business combines fuel resale, logistics, credit and operational support, with US natural gas and lower-carbon fuel offerings. After costly portfolio exits, it is concentrating on transportation fuel and complementary services.

- **Founded:** 1984
- **Headquarters:** Miami, United States
- **Founders:** Ralph Weiser (Co-founder of International Recovery Corp., the corporate predecessor), Jerrold Blair (Co-founder of International Recovery Corp., the corporate predecessor), Michael J. Kasbar (Co-founder of Trans-Tec, acquired in 1995; former CEO and Executive Chairman), Paul H. Stebbins (Co-founder of Trans-Tec, acquired in 1995; former Chairman and CEO)
- **Products:** Aviation fuel supply, Trip Support Services, Marine fuel and bunkering, Gasoline and diesel, Natural gas
- **Notable:** Operates a supply and logistics network serving more than 200 countries and territories., Delivered approximately 17 billion gallons and gallon equivalents in 2025., Completed the Universal TSS acquisition in November 2025.

## Products & services

- **Aviation fuel supply** — Fuel sourcing, delivery and operational services for commercial, business and general aviation.
- **Trip Support Services** — Flight planning, overflight permits and ground support; Universal TSS was acquired in November 2025.
- **Marine fuel and bunkering** — Global marine fuel sourcing, logistics, procurement and related services.
- **Gasoline and diesel** — Ground transportation fuel distribution, fleet fueling and cardlock services.
- **Natural gas** — US natural gas supply and related solutions.
- **Renewable fuels** — SAF and other lower-carbon fuel offerings delivered through established distribution networks.
- **myWorld digital tools** — Sector-specific tools for purchasing, invoices, reporting and account information, including myWorld Marine and myWorld Energy Insights.

## Achievements

- Operates a supply and logistics network serving more than 200 countries and territories.
- Delivered approximately 17 billion gallons and gallon equivalents in 2025.
- Completed the Universal TSS acquisition in November 2025.
- Reported $365 million gross profit and $48 million GAAP net income for Q2 2026.

## Latest updates

- **2026-10** — Third-quarter results conference call scheduled for October 29, 2026; results were not yet released as of this profile’s October 22 research date.
- **2026-09** — Announced Michael Kasbar will step down as Executive Chairman and Ken Bakshi will become independent Chairman, effective December 31, 2026.
- **2026-07** — Q2 gross profit of $365 million and GAAP net income of $48 million; raised full-year adjusted EPS guidance to $3.20-$3.40.
- **2026-04** — World Fuel became the unified commercial brand; World Kinect remained the legal name and WKC remained the ticker.
- **2026-02** — Announced the five-year Neste SAF agreement and reported FY2025 results, including substantial Land-related impairments and restructuring costs.

## Links

- Website: https://www.worldfuel.com/
- LinkedIn: https://www.linkedin.com/company/world-fuel/
- Twitter/X: https://twitter.com/world_kinect
- Facebook: https://facebook.com/wfscorpcareers

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Profile page: https://yespress.io/world-kinect
Published by YesPress — https://yespress.io
Last updated: 2026-10-22