Rack
Also known as:
Truck rack, terminal rack
Truck rack, terminal rack
The rack is the loading facility for tank trucks at a fuel terminal.
The rack is made up of pipes suspended on a pipe rack (hence the name) connected to the terminal's feul storage tanks. Tank trucks pull under the rack and are filled from above with fuel.
The rack price is a key pricing point in the refined product supply chain, reflecting pricing at the point where fuel has been loaded onto a truck and is ready for final delivery.