KAG Acquires Liquid Bulk Carrier Idaho Milk Transport
Kenan Advantage Group has acquired Idaho Milk Transport, the company announced Oct. 11. The deal expands KAG's reach in the Pacific Northwest.
October 11, 2023Bulk Shipping Rates Extend Slide on Weak Demand From China
A slowdown in China’s steel production is curbing demand for bulk ships to transport iron ore, driving a steady decline in global freight rates from October’s peak.
February 3, 2022Xcel Bulk Logistics Acquires 1845’s Commercial Bulk Division
Xcel Bulk Logistics announced that it has acquired the 1845 Commercial Bulk Division.
September 27, 2021DSI Bulk Transport Maintains Identity Under American Bulk Commodities
When American Bulk Commodities acquired DSI Bulk Transport earlier this year, it was a deal that ABC President Mark Carrocce said dovetailed nicely with his company's business philosophy.
March 24, 2021Dupré Logistics, Hoyer Group Team to Create Hoyer Bulk
A pair of recent deals are reshaping the structure of companies that serve the energy and bulk-hauling sectors in North America.
January 22, 2020Bulkmatic Launches New National Joint Venture With Bulk FR8
Bulkmatic, one of the largest dry bulk transporters in the United States, is teaming up with Seattle-based Bulk FR8 to form a new nationwide joint venture.
January 17, 2020BASF, Trimac Invest in New Bulk Freight-Matching Platform Bulky
The world’s largest chemical shipper and one of the largest bulk carriers in North America are investing $1 million in what they say is the first digital freight-matching network for shipping liquid bulk commodities by truck.
April 24, 2019Auxo Investment Partners Acquires Great Lakes Shipper Andrie
Private investment firm Auxo Investment Partners is partnering with the Andrie family with an investment in Andrie LLC, a Michigan-based bulk transporter of specialty products including liquid asphalt, cement, light oil petroleum products and calcium chloride, according to an Auxo news release.
March 1, 2019Grammer Industries Looks to Expand After Buyout by Stellex Capital Management
The family of Charles “Shorty” Whittington and a group of top executives at Grammer Industries Inc. have teamed with Stellex Capital Management to acquire the bulk chemical hauler from another investment firm, Linx Partners.
October 11, 2018Tank/Bulk Carriers See Gains and Losses
Carriers in the tank/bulk sector posted modest gains in revenue as firms dealt with positive and negative market trends. Higher prices slowed demand for fuel shipments, while increases in oil and gas drilling and production of petrochemicals boosted demand for tankers.
July 23, 2018