Trucking news and briefs for Thursday, Nov. 17, 2022:
Woodlands, Texas-based Quantix, has purchased five fleet owner companies: Dobbins Enterprises LLC, C&S Express, Inc., Chancelor Transportation LLC, T&K Chancelor Enterprises LLC and Templet Transit LLC.
Quantix, a portfolio company of Chicago-based private equity investment firm Wind Point Partners, has acquired five companies: Dobbins Enterprises, C&S Express, Chancelor Transportation, T&K Chancelor Enterprises, and Templet Transit.
Quantix also announced it signed with a new agent, L.D. McCloud Transportation, in a deal that adds more than 140 trucks and ancillary equipment to the company's liquid and plastics transportation division. The new trucks will service customers around the Gulf Coast including Houston, Baton Rouge and Port Allen, Louisiana, and Meridian, Mississippi.
"Quantix continues to scale our services in Texas and the Gulf Coast regions, and these new assets strengthen our ability to do so," Chief Executive Officer and President Chris Ball said of Quantix ninth, tenth, eleventh, twelfth and thirteenth acquisitions since the company was bought by Wind Point Partners. "Greater capacity means better service for our customers, which remains the guiding purpose of our continued growth."
Quantix last month acquired G&W Tanks, a provider of ISO tank transportation and ISO tank repair, ISO tank storage depot, wash and loading services.
Penske Truck Leasing is expanding its use of renewable diesel through a partnership with Shell.
