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^ Top   #1   02.24.2008

Cybergal Truck Forum Supporter   Last Seen: 04.16.2009 05.42 AM Member Since: Oct 2008 Posts: 13,838 My Trucking Photos: 27 Thanks: 2,066 Thanked: 2,575 Times My Truckers Blog : 16

Kenan Advantage Group to purchase Transport Service Co. Kenan Advantage Group to purchase Transport Service Co. 2/24/08 Quote: Kenan Advantage Group, the nation's largest bulk transportation and logistics provider to the petroleum and niche chemical industries, has announced an agreement to purchase Transport Service Co. The transaction, terms of which were not announced, is anticipated to close by the end of February. Transport Service Co., founded in 1946 and headquartered in Oak Brook, Ill., supplies bulk distribution services to the chemical and food products industries. TSC operates primarily in the Midwest, Northeast, Southeast and Gulf Coast regions of the United States, along with Canada and Mexico. The company conducts business out of 18 terminal locations and employs about 750 people, including 525 company drivers. TSC operates 550 company-owned tractors, 90 owner-operated tractors and 1,300 specialized stainless-steel trailers. Revenue generated from the company in 2007 was about $130 million. http://www.etrucker.com/apps/news/article.asp?id=66902

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