KAG welcomes 100 Evergreen drivers and adds more than 150 tractors.
Image: HDT graphic from KAG photo
The Kenan Advantage Group continues to expand its dry-bulk operations with the purchase of Evergreen Transport LLC, a dry-bulk hauler based in Mobile, Alabama.
Evergreen delivers products such as lime and cement into a variety of end markets throughout the Southeastern U.S.
As part of the transaction, KAG will welcome approximately 100 professional drivers and 45 operational members to its team. It’s acquiring 158 tractors, 338 trailers, and four terminal and satellite locations throughout Alabama.
Walter Poole, Evergreen’s founder, first entered the transportation industry in 1946, which was the start of a long, successful legacy that extended for three generations.
“As we continue to strategically build our dry bulk transportation platform, Evergreen Transport is another perfect fit with our growth plan,” said Rick Hoyle, KAG’s executive vice president of dry bulk, in a news release.
“Their customer-centric business model, along with their diverse end user markets, complements our current dry bulk operations, which have grown significantly over the last 12 months.”
Last year, KAG acquired Michigan-based Northern Dry Bulk, which specializes primarily in the transportation and storage of plastic resins, as well as XBL Bulk Logistics, which operated the largest dry bulk fleet in the Carolinas, with significant capacity throughout the Gulf Coast and the Midwest.
Credit: Source link
