CSX Corp., Jacksonville, said on July 1 it has completed its previously announced acquisition of Quality Carriers Inc., a leading North American provider of bulk liquid chemicals truck transportation, from Quality Distribution Inc., Tampa (GM May 14, p. 32). Financial terms of the transaction were not disclosed.
Quality Carriers operates over 2,500 trucks and 6,400 trailers that serve many of the largest chemical producers and processors. CSX said the addition enables it to extend the reach of its network and gain access to new products, markets, and regions through a unique and competitive multimodal solution that leverages the reach of truck transportation with the cost-advantage of rail-based services. As such, CSX can now provide more comprehensive transportation services to customers throughout supply chains.