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Tank Transport Trader presents the latest news on industry company Acquisitions, mergers, takeovers – and more news for the transportation & liquid dry-bulk industry –
Polar Service Centers, one of the nation’s largest networks of commercial parts and repair facilities for tank trailers and tank trucks, has acquired C & R Fleet Services of Griffin, Ga., company officials announced. Founded…
Direct ChassisLink Inc. (DCLI) and is subsidiary Blume Global will be acquired by Apollo Global Management, a private equity fund, officials at the two companies said recently. Reuters reported the deal was for about $2.5B…
The recent geographical developments in the liquified natural gas (LNG) industry are occurring at a time of consolidation. The $53 billion combination of Royal Dutch Shell and BG Group has created the world’s largest LNG…
Quarles Petroleum Inc., a regional provider of residential and commercial fuel based in Fredericksburg, Va., signed a purchase agreement to acquire Revere Gas, a third generation, family-owned retail propane gas distributor based in Hartfield, Virginia…
Garsite Progress LLC, an entity formed by AFI Partners, is pleased to announce the acquisition of Garsite and Progress Tank, U.S.-based manufacturers of aviation refueling and liquid waste transportation equipment. E.J. Antonio, Managing Partner of…
Groendyke Transport Inc. of Enid, Okla., and McKenzie Tank Lines Inc. (MTL) recently signed a purchase agreement for Groendyke to acquire all the tank-truck assets of MTL. The companies expect to close the deal by…
A sizeable shift is underway in the upper ranks of the nation’s tank-truck industry, with two long-time carriers joining forces to create a single footprint stretching across much of the nation. Heniff Holdco LLC has acquired Miller Transporters Inc…
Universal Logistics Holdings Inc. is acquiring Compton, Calif.-based Southern Counties Express Inc. for $65 million, company officials said. The acquisition is part of a move by Universal to expand it intermodal business. Southern Counties provides…
FleetPride recently reopened its Gillette, Wy. location and acquired the assets of Long Island Truck Parts, which is based in Medford, N.Y. The company’s Gillette branch serves customers in northeastern Wyoming, western South Dakota and…
Universal Trailer said it is selling its Cargo Group Division (UTC) – consisting of Haulmark, Wells Cargo and UltraLav trailer brands – to American Cargo Group, a new Indiana corporation owned by Kaufman Trailers. Kaufman is based in Lexington N.C.
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