KAG Logistics Acquires American PetroLog

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.

KAG Logistics Acquires Connectrans Logistics

October 12, 2022

Transportation

KAG Logistics, LLC completed the acquisition of Toronto-based Connectrans Logistics Inc., expanding KAG's footprint into the Canadian logistics market and strengthening its cross-border freight capabilities. Connectrans provides cross-border transportation services (dry van, temperature control, flatbed, over-dimensional and intermodal) enabling KAG to offer enhanced capabilities to Canadian and U.S. customers.

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 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.

The AGL Group Acquires ADA Logistics Corporation

April 1, 2025

Logistics & Distribution

The AGL Group has acquired ADA Logistics Corporation, a domestic brokerage based in Ada, Michigan, in a deal completed April 1, 2025. The acquisition adds flatbed capacity and expands The AGL Group's presence in the Great Lakes region to strengthen its domestic logistics offering.

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.