Logistec expands US inland waterways network
North American logistics services provider Logistec, headquartered in Montreal, Quebec, Canada, recently acquired Travero’s Logistics Park Dubuque (LPD), a multi-purpose marine terminal in East Dubuque, Illinois, on the Upper Mississippi River.
The acquisition is expected to strengthen Logistec’s inland waterways network, providing strategic routing options for agriculture, manufacturing, and energy supply chains across the U.S. Midwest and the Gulf Coast, the companies reported.
“With the addition of LPD to the Logistec network, we are expanding our reach into America’s industrial and agricultural heartland and the U.S. inland waterways,” Logistec CEO Sean Pierce said in a news release. “This terminal strengthens our ability to serve customers in the Midwest with efficiency and access to emerging markets. LPD’s solid operational foundation and well-established customer base, combined with our expertise and scale, positions us to unlock new opportunities to drive long‑term value.”
LPD is a 100-acre, multimodal, multipurpose terminal specializing in handling, storing, and loading bulk and breakbulk commodities between barge, rail, and truck with direct rail access via CN rail and by barge to the Upper Mississippi River, the companies said. LPD serves leading U.S. manufacturers in the agriculture, steel, manufacturing, and energy sectors.
The addition of LPD follows Logistec’s recent agreement to acquire IPA Terminal in Altamira, Mexico.
“LPD has a strong track record and a dedicated team, and we are proud of the role the facility has played in supporting our customers, regional supply chains, and the broader community,” said Lisha Coffey, Travero president. “As Travero continues to focus on its core businesses, this transaction aligns LPD with an owner whose expertise is operating and growing logistics terminals.
“Logistec is well positioned to build on LPD’s momentum and support its long-term growth.”
