Ingram Barge Company LLC reported today that its wholly-owned subsidiary, Houston Fleeting Services LLC, has actually become part of an arrangement to obtain business properties of Houston- based Cheryl K LLC and also San Jacinto River Fleet, LLC.
The step is planned to reinforce Ingram Barge’s setting in the inland aquatic market by increasing its reach and also abilities to the Houston location and also along the Texas Gulf Coast.
Cheryl K and also San Jacinto River Fleet have actually long been considerable gamers in the Houston market. The acquisition of their properties enables Ingram Barge to increase its impact right into the Houston location while all at once expanding its logistics, completely dry barge and also fluid barge companies by including important framework, vessels and also workers.
“Cheryl K and its San Jacinto River Fleet have long been trusted players in Houston. Their track record of success alongside similar family values of our two companies make them a great addition to our team,” claimed Ingram Barge President & & Chief Executive Officer David O’Loughlin “This acquisition positions us very well for continued strength and growth for the long term.”
“The words family and team say it all. The Cheryl K LLC and San Jacinto River Fleet employees have been a tight knit team and are looking forward to becoming part of the Ingram family. This will be a great fit for our group and team to progress to the next level.” claimed Earl Thrift Jr., President of Cheryl K LLC and also San Jacinto River Fleet LLC.
Ingram Barge intends to run the properties in Houston, by incorporating workers and also procedures right into the bigger Ingram Barge service. Ingram Barge will certainly utilize its solid track-record and also management on safety and security with its Zero Harm effort in addition to its solid dedication to the areas it offers.
“This is a great strategic move for our company and our customers,” claimed John Roberts, Ingram Barge COO. “The capabilities this opens up for us will really allow us to control our future in a meaningful way for our existing and future customers.”
The deal is anticipated to nearby completion of November.
Ingram Barge becomes part of the Ingram Marine Group that consists of 2 key running devices: Ingram Barge and also Custom Fuel Services LLC. Ingram Barge runs a fleet of about 125 towboats and also 4,500 barges that transfer accumulations, grain, plant food, coal, ores, alloys, steel items, chemicals, and also various other items. Custom Fuel Services runs 11 drifting sustaining terminals on the Mississippi and also Ohio River Systems and also offers aquatic gas, lubes, and also various other various solutions to towboats, barges, stevedoring gears, and also ships. In enhancement, Ingram Barge runs a ship anchorage in Louisiana.
Cheryl K, LLC has more than 35 years of aquatic towing experience in the Gulf Coast area. Its emphasis has actually been to establish and also supply ingenious logistical options to satisfy the requirements of its consumers.
San Jacinto River Fleet, LLC is just one of the biggest solitary short lived centers in the Houston location. Its San Jacinto River Fleet provides short lived, change watercraft solutions, towing, and also various other barge and also watercraft solutions in the Houston Ship Channel and also bordering locations. Its center, situated simply north of the I-10 bridge on the San Jacinto River, is serviced by retracting pilothouse watercrafts which enables the San Jacinto River Fleet to conveniently steer intrude and also out of its center.
