CSX to Acquire Quality Carriers, Inc.

BREAKING NEWS: Quality Distribution, a privately held global logistics and transportation provider in Tampa, has entered into a definitive agreement to sell its Quality Carriers business to CSX.

CSX is a rail, intermodal, and rail-to-truck transload service across the U.S.

The Jacksonville, Florida-based railroad said it had agreed to buy Quality Carriers Inc. in order to help it offer chemical makers a combination of (logistical) rail and trucking services. The terms of the deal were not yet disclosed by the company.

According to CSX PRESS RELEASE: Quality Carriers is a leader in bulk chemicals transportation since 1913, Quality Carriers operates the most extensive bulk tank trucking fleet in North America, with around 2,500 drivers. Through a network of over 100 company-owned and affiliate terminals and facilities in key locations throughout the U.S., Canada and Mexico