Quality Carriers sold to rail giant CSX
CSX Corp announced Wednesday it has signed a definitive agreement to acquire Quality Carriers from Quality Distribution. Terms of the transaction were not disclosed.
Quality Carriers, which operates the largest liquid bulk chemical trucking network in North America, will become a standalone entity within CSX and remain headquartered in Tampa, Florida.
Quality Carriers operates an extensive bulk tank trucking fleet with around 2,500 drivers and more than 100 company-owned and affiliate terminals and facilities throughout the U.S., Canada and Mexico.
The transaction will create a unique multimodal chemicals transportation system that will expand the reach of both CSX and Quality Carriers.
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