Associated Terminals acquires storage company
Published by Oliver Kleinschmidt,
Assistant Editor
Dry Bulk,
Associated Terminals, a provider of stevedoring and marine services, has announced that its management group has purchased S.H. Bell Co. and its subsidiaries.
S.H. Bell will continue to operate independently in its existing trade and under its own name, and the existing management team will remain in place to manage day-to-day operations under the terms of the agreement. S.H. Bell is a well-respected name in the global supply chain that provides handling, storage, processing, packaging and record-keeping services for a diverse customer base, including logistics services such as drayage and truck transportation. This strategic move will create greater synergies and service offerings for Associated Terminals and S.H. Bell, by connecting and expanding operations, locations, and destinations.
Todd Fuller, President of Associated Terminals, stated: "We are thrilled to welcome S.H. Bell into our existing group of companies. This acquisition is a testament to our commitment to growth and excellence in serving our customers, with a dedication to efficiency and streamlining the movement of cargo to its final destination. John Bell and Adam Bell, and their team members, have always had our admiration. We share cultures where we believe that every team member plays a pivotal role in our organisation and our customers deserve the highest level of customer service. This acquisition allows us to optimise our operations and provide end-to-end solutions for our customers.”
John Bell, President of S.H. Bell, echoed these sentiments: "Joining forces with Associated Terminals management presents exciting opportunities. We look forward to leveraging our combined expertise and cultural alignment to deliver unparalleled service and value."
Click here for free registration to Dry Bulk
Read the article online at: https://www.drybulkmagazine.com/ports-terminals/13052024/associated-terminals-acquires-storage-company/
You might also like
Spoofed, jammed, blind: why ships now need digital eyes
Yarden Gross, CEO and Co-founder of maritime technology company Orca AI, reflects on the recent tanker collision in the Strait of Hormuz, arguing that as GPS interference becomes more common, ships urgently need AI-based situational awareness to support crews and maintain safe navigation when traditional tools are compromised.