A&R integrates newly acquired fleets with Idelic’s Safety suite
The Kenan Advantage Group (KAG) recently completed the acquisition of Ag Trucking.
The Goshen, Indiana-based company is a bulk liquid food carrier with over 42 years of industry experience.
“We are excited about the operational fit, as well as the new opportunities that Ag Trucking brings to the table,” said Tyler Coventry, executive vice president of KAG Food Products. “More importantly, this acquisition allows us to increase our workforce of professional drivers by approximately 40% in our food business.
“In today’s world of nationwide driver shortage, having qualified and safe drivers is essential to better serve our customers while growing our operations. “
As part of the transaction, KAG will acquire approximately 180 tractors, 320 trailers and six terminals / offices including tank washing facilities and maintenance workshops. These locations are strategically located alongside the company’s primary customers in Indiana, Ohio, Iowa, Illinois and North Carolina.
“Our company has gone through a thorough process to select a partner who shares the driver-centric culture we have built at Ag, has the capital to continue our commitment to providing well-maintained and safe equipment with the latest technology, and has the necessary capital to continue our commitment to providing well-maintained and safe equipment with the latest technology. bulk expertise. transportation to help us grow, ”said Casey Stump, vice president and general manager of Ag Trucking. “We are convinced this is a perfect fit for Ag and we look forward to what the future holds for our continued success. “
Ag Trucking primarily transports edible oils, which complements a strong and well-established business line within KAG Food Products, but also has a growing business in dry bulk.
“We have worked hard to build our food network to better utilize our transportation assets across the country,” said Rebecca White, vice president of corporate development for KAG. “Ag Trucking is a great example of this strategy at work. Not only do they allow us to improve the service offerings to our current customers, but the acquisition opens the door to new regions, customers and growth opportunities.