RoadOne Intermodal Logistics acquires Higgins Transport Service to expand Port of Charleston operations

Published Aug 21, 02:40 PM UTC

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RoadOne Intermodal Logistics has acquired Higgins Transport Service, a drayage provider based in Charleston, South Carolina. The deal adds 15 drivers and additional intermodal capacity to RoadOne's operations in the Southeastern US market. Financial terms were not disclosed. This acquisition follows RoadOne's recent opening of a 384,000-square-foot facility in Summerville, South Carolina, to serve the Port of Charleston, with plans for a second warehouse. RoadOne, headquartered in Randolph, Massachusetts, operates nearly 5 million square feet of warehouse space and has over 2,500 drivers across more than 100 terminals nationwide. The company is backed by Ridgemont Equity Partners and Nonantum Capital Partners. The acquisition highlights ongoing consolidation and infrastructure investment in critical port markets, particularly the Southeast global trade corridor.

Source

FreightWavesWestern

Original headline: RoadOne expands Port of Charleston operations with acquisition

Original language: EN-US