Fuel Suppliers to Bid Online for United Airlines Jobs

Share this article:
United Airlines has scheduled a reverse auction at the American Petroleum Exchange's Web site, www.apexchange.com, where the airlines firm will offer suppliers the chance to bid on one-year contracts worth a total of 140 million gallons of jet fuel.


The fuel jobs are for 14 United airport terminals and can be bid on Feb. 9 from 8 a.m. to 8 p.m. Suppliers will be able to make as many bids as they want on each airport, and there could be up to 14 different fuel firms leaving the site with a winning bid.


American Petroleum Exchange, Rockville, MD, said the suppliers will not be able to see whom they are bidding against at the site. They will only be able to view the current low bid for each job.


United, Chicago, said it expects the online auction format to save it money on rising fuel costs.


The two firms signed a per-gallon transaction fee deal. No other financial details about their agreement were disclosed.
Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in Digital Marketing

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Digital Marketing

Hallmark Takes Baby Steps to a New Brand

Hallmark Takes Baby Steps to a New Brand

The company relied on digital to get its growing children's apparel brand off of the ground.

One Third of Americans' Social Media Time Is Spent on Facebook

One Third of Americans' Social Media Time Is ...

Pandora, meanwhile, attracts more user time but far fewer digital advertisng dollars, says a study.

News Corp. Chief Brands Google an 'Unaccountable Bureaucracy'

News Corp. Chief Brands Google an 'Unaccountable Bureaucracy'

Robert Thomson warns the EU that an antitrust deal with Google will lead to a decrease in competitive options for marketers and an increase in piracy.