摘要: |
Southern Towing, a portfolio company of Chicago-based CC Industries, and Sulphur, La.-based Devall Towing have announced the pending operations and management integration of the two companies. The formal joining of the two companies is expected to conclude in the second half of 2023, with the new company operating under the name Southern Devall.The combination of the two companies will seek to capitalize on De-vall's operations in the Gulf Coast region and Southern Towing's work upriver "to provide integrated marine transportation solutions across the entire U.S. inland and coastal waterway system," the companies said in a joint announcement. The move also brings together both companies' fleets, which will now include 230 barges, 70 tow-boats and 700 employees. |