What are Colonials quantity requirements for shipments?
Colonial’s minimum quantity or “tender” of products to be shipped on a segregated batch basis is 75,000 barrels. However, several shippers may make up joint fungible batches by tendering a minimum of 25,000 barrels each. Deliveries to final destinations in most cases may carry from a minimum of 2,500 barrels delivered on stublines to 5,000 barrels delivered on mainlines.