Kenan Advantage Group Acquires K-Limited Carrier
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Kenan Advantage Group, a North Canton, Ohio-based tank truck transporter, announced Feb. 7 that it has completed its acquisition of K-Limited Carrier.
K-Limited is a liquid bulk transporter of chemical products based in Toledo. The company operates in the Midwest.
KAG will gain approximately 95 tractors, 195 trailers and a hundred workers along with terminal and satellite locations in Toledo, Detroit, Chicago, Cincinnati and Cleveland.
“There are tremendous opportunities to be gained by both companies through this combination,” said Charlie DeLacey, CEO of KAG. “This represents another key step in KAG’s effort to build out the industry-leading chemical logistics platform, further expanding our service capabilities and market footprint. K-Limited’s customers benefit by being able to tap into a larger network and additional services while employees will have career growth opportunities across the KAG organization.”
KAG said a hundred professional drivers, independent contractors, technicians and other operational employees from the company will transfer to its specialty products group.
Host Seth Clevenger speaks with Neil Shelton of GXO and Cathy Roberson of the Reverse Logistics Association about the supply chain. Hear a snippet above, and get the full program by going to RoadSigns.TTNews.com.
K-Limited founders and owners Kim and Dean Kaplan will continue to manage the day-to-day operations of their former company. Both have a career in the tank truck sector that spans 25 years.
“We are extremely pleased to combine our operations with KAG as we truly believe it is the right partner at the right time for K-Limited to set the foundation for its future success,” the Kaplans said. “We’re excited to join the recognized industry leader and continue our contributions to our team, our customers and our industry that have served us so well for so many years.”
Kenan Advantage Group ranks No. 23 on the Transport Topics Top 100 list of the largest for-hire carriers in North America. — Transport Topics
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