North America’s greatest tank trucking firm, Kenan Benefit Group (KAG), introduced it has acquired Nova Scotia-based liquid bulk hauler Fisher Transport via its Canadian subsidiary, KAG Canada.
Fisher Transport is a 60-year-old service targeted on hauling milk alongside Canada’s Atlantic Coast. Along with transferring 200 million liters (53 million gallons) of uncooked milk yearly, Fisher hauls different food-grade merchandise and chemical compounds out of three places in Nova Scotia, New Brunswick, and Newfoundland and Labrador.
The deal contains 60 tractors and 70 specialised trailers and offers KAG new alliances with Canadian dairy farmers.
Monetary phrases of the transaction weren’t disclosed.
“Fisher Transport has a superb fame inside the business, amongst their clients, and inside their native communities,” mentioned Grant Mitchell, president and chief working officer at KAG, in a information launch. … “Collectively our staff will execute this strategic journey of providing coast-to-coast bulk transportation companies to all of our clients.”
Fisher Transport President Jordan MacDonald and Chief Monetary Officer Charlie Eisener will stay in senior management positions with the corporate. Fisher Transport’s 60 drivers and operations workers of 15 may even be part of KAG Canada.
“I stay up for the alternatives that may emerge for the Fisher group of corporations and for the valued members of our staff by becoming a member of KAG, the business chief in bulk transportation,” mentioned Fisher Transport CEO Ken MacDonald.
North Canton, Ohio-based KAG operates roughly 300 terminals and a fleet of seven,000 tractors. It acquired a much bigger presence within the Worldwide Group for Standardization tank companies market in March when it acquired MC Tank Transport.
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