Takeover in New Orleans
Associated Terminals has acquired the New Orleans Bulk Terminal, still banking on the former owner. Located on the Michoud Slip, just off the Intracoastal Waterway, New Orleans Bulk Terminal is a privately owned 202 sqm facility. The terminal offers multimodal options including barge to rail, rail to barge, barge to truck or barge to storage.
The facility is directly linked to the CSX and is capable of handling unit trains. Todd Fuller, president of Associated Terminals: "The facility will come with a new client base and will offer new opportunities to handle cargo for existing clients."
In conjunction with this acquisition, Larry Arnold joins the new company and will continue to manage the facility. Arnold founded the New Orleans bulk terminal in 2008, where he served as managing partner. He has over 32 years of experience in the business.
Founded in 1990, Associated Terminals is a cargo handling and logistics solutions company headquartered in Convent, L.A, servicing mainly the US Gulf region. (mw)