IMC Cos. Acquires Empire Truck Lines
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IMC Cos. announced it acquired Empire Truck Lines, a container drayage company, effective March 12.
Houston-based Empire, founded in 1975, has operations in Tulsa, Okla., and Memphis, Tenn., as well as Dallas, San Antonio, Laredo and El Paso in Texas.
Terms were not disclosed.
“It is through such strategic acquisitions that we are able to handle freight in all major rail and port facilities across the nation,” IMC Chairman Mark George said in a release.
This acquisition significantly increases the company’s truck capacity and further solidifies its position as the largest marine drayage company in the United States, according to Memphis, Tenn.-based IMC.
The acquisition also allows Gulf Intermodal Services, an IMC subsidiary, to offer customers a full-service depot in the Houston market including container lifts and storage.
Employees from Empire’s Dallas, Tulsa and Memphis locations will join IMC’s Intermodal Cartage brand. Employees with Empire’s Houston, Laredo, El Paso and San Antonio locations will join IMC’s Gulf Intermodal Services brand.
IMC ranks No. 80 on the Transport Topics Top 100 list of the largest for-hire carriers in North America. — Transport Topics
