Associated Terminals has announced the acquisition of New Orleans Bulk Terminal (USA). Located on the Michoud Slip, just off the Intracoastal Waterway, New Orleans Bulk Terminal is a privately owned 50 acre facility.
The terminal offers customers various transport options for their cargo, including barge to rail, rail to barge, barge to truck or barge to storage. The facility is located on the CSX and is capable of handling unit trains.
Todd Fuller, President of Associated Terminals, said: “We are excited about the acquisition of this facility. This facility will come with a new client base and will offer unique opportunities to handle cargo for existing clients.”
In conjunction with this acquisition, Larry Arnold has joined the Associated Terminals team and will continue to manage the facility. Arnold founded New Orleans Bulk Terminal in 2008 where he served as Managing Partner.
Read the article online at: https://www.drybulkmagazine.com/dry-bulk/29012020/associated-terminals-acquires-new-orleans-bulk-terminal/