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The Boston Globe


Global Partners is now an industry powerhouse

Started with one truck in Dorchester, business now a Fortune 500 company

ALBANY, N.Y. — Hundreds of rail cars stretch toward the horizon, black as the crude they carry from shale fields in North Dakota. From here, the oil will move by barge and truck to East Coast refineries, a stopover on the way to its ultimate destinations: family cars, home heating systems, and fleets of trucks.

The rail yard — in a larger complex of tracks, roads, pipes, and storage tanks — has become a key gateway in a virtual pipeline stretching across the country, helping transform a family-owned Waltham fuel distributor into a Fortune 500 company in less than a decade. Tapping into the boom in North American oil production, Global Partners LP, since becoming a public company in 2005, has more than doubled the volume of fuels it sells to 6.1 billion gallons and quadrupled its revenues to $17.6 billion last year.

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