Iowa Tanklines expanded its fuel hauling business and added a new service to its transportation portfolio with the purchase of assets from Wheeler Transport Service of Omaha, Neb.
Wheeler operated throughout Nebraska with a fleet of 55 tractors and more than 200 liquid and dry bulk trailers. The company hauled gasoline and diesel fuel, asphalt, herbicides and fertilizer.
Chuck Simmons, vice president of Iowa Tanklines, said the addition of Wheeler fills a gap in the company’s operations between Iowa and Colorado.
Iowa Tanklines, based in Webster City, Iowa, set up an office in Denver about three years ago and began hauling light petroleum products in the area. The business grew significantly with the purchase of trailers from Asphalt Express of Billings, Mont., in May 1998 (5-11-98, p. 4). That move was followed in October 1998 by the acquisition of six tractor-trailer units that made up the fleet of Fattor Transportation of Glenwood Springs, Colo.
The purchase of Wheeler’s assets gives Iowa Tanklines access to pneumatic trailers used to transport dry cement from manufacturing plants to construction sites and ready-mix plants.
“It seems to be an extremely valid business,” Simmons said of the cement hauling business. “It’s seasonal, but most of the things we do are seasonally impacted.”
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