TransWood recently purchased Jensen Transport, which is based in Mankato, Minn.
Jensen, established in 1972, is a tank truck carrier that hauls bio-fuels, anhydrous ammonia and liquified petroleum gas (LPG) throughout Minnesota and surrounding areas.
Terms of the transaction were not disclosed.
“We welcome Paul Kane and his staff of highly skilled drivers, mechanics, and management personnel to what we believe will be a great marriage of knowledge and abilities to service the customer base in the safest manner, employing better-than-industry best practices,” said Brian Wood, president of TransWood.
TransWood also previously acquired Kane Transport, a 150-truck bulk carrier in Inver Grove Heights, Minn., in December 2019. Kane hauls petroleum products, construction, and agricultural related commodities in the upper Midwest.
Jensen Transport is made up of owner-operators and company drivers who service long-standing customers in Minnesota, North Dakota, South Dakota, Wisconsin, and Iowa.