Quality Carriers officially is part of CSX Corporation.
The rail transportation company recently completed the previously announced acquisition of North American bulk liquid transporter Quality Carriers from Quality Distribution. Financial terms of the transaction were not disclosed.
“Joining the CSX family strengthens our position as the leading bulk chemical trucking network in North America and provides our customers with an integrated rail-to-highway offering that will revolutionize the chemical transportation industry,” said Randy Strutz, president of Quality Carriers. “CSX is a pioneer in rail-based bulk chemical transportation, and there is tremendous potential in this combination. We look forward to integrating our capabilities and to providing enhanced bulk chemical transportation solutions.”
Quality Carriers operates more than 2,500 trucks and 6,400 trailers that serve many of the largest chemical producers and processors. The addition of Quality Carriers enables CSX 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 maintains it now can provide more comprehensive transportation services to customers throughout supply chains.
“We are thrilled to welcome the Quality Carriers team to CSX,” said James M. Foote, president and chief executive officer of CSX. “We strive to provide chemical producers and shippers with the most efficient, cost-effective transportation services possible. By combining CSX’s and Quality Carriers’ capabilities, we can deliver an unparalleled multimodal solution that will generate substantial value for our customers.”
