Kenan Advantage Group Acquires Northern Dry Bulk

Kenan Advantage Group Acquires Evergreen Transport

March 6, 2025

Transportation

Kenan Advantage Group (KAG) has acquired Mobile, Alabama-based Evergreen Transport, a family-owned dry bulk hauler. The deal brings roughly 100 drivers and 45 operations staff, plus 158 tractors, 338 trailers and four Alabama terminals to KAG as it expands its dry bulk transportation platform.

Kenan Advantage Group Acquires M.C. Tank Transport

March 31, 2025

Trucking & Fleet

The Kenan Advantage Group, Inc. (KAG) has acquired M.C. Tank Transport, Inc., a West Chester, Ohio-based liquid bulk chemical transport company operating eight terminals and three ISO container depots across the Southeast and Midwest. The deal brings roughly 175 drivers and 70 operational/administrative employees into KAG, and adds about 100 tractors and 500 trailers/chassis while expanding KAG’s chemical tanking, ISO container storage/maintenance, and related service capabilities.

Kenan Advantage Group Acquires K-Limited Carrier

February 7, 2022

Transportation

The Kenan Advantage Group (KAG) has completed the acquisition of K-Limited Carrier, Ltd., a Toledo, Ohio-based liquid bulk transporter of chemical products. Approximately 100 operational employees and a fleet of about 95 tractors and 195 trailers plus terminal and satellite locations in multiple Midwestern cities will join KAG to expand its Specialty Products division and chemical logistics footprint.

Kenan Advantage Group Acquires Fort Transfer Company

November 10, 2020

Trucking & Fleet

The Kenan Advantage Group, Inc. (KAG) has completed the acquisition of Fort Transfer Company, a Morton, Illinois–based liquid bulk chemical carrier and storage provider. The deal adds Fort Transfer’s terminals, 100 tractors, 249 trailers, ~2.6 million gallons of temperature-controlled storage capacity, and roughly 203 personnel (including 158 drivers/contractors and 45 operational staff) to KAG’s Specialty Products operations to expand capabilities and geographic coverage in chemical and agricultural markets.

Kenan Advantage Group Acquires XBL Holdings (Xcel Bulk Logistics)

November 26, 2024

Transportation

Kenan Advantage Group (KAG) has acquired Texas-based XBL Holdings (operating as Xcel Bulk Logistics), a dry bulk transportation, storage and logistics provider headquartered in Weatherford, Texas. The deal — from PE owner Lilium Group — adds XBL's drivers, operational staff, tractors, trailers, storage silos and terminals to KAG's growing dry bulk platform; financial terms were not disclosed.

A&R Logistics Acquires Blue Water Plastic Transport

July 1, 2019

Transportation

A&R Logistics, a Wind Point Partners–backed dry bulk logistics operator, has acquired Blue Water Plastic Transport, a St. Clair, Michigan-based provider of specialty dry bulk transportation, logistics and warehousing for the plastics and chemical industries. The add-on expands A&R’s Midwest presence, increases its specialized tractor/trailer fleet and preserves BWP’s operations in St. Clair under A&R's ownership.