Campbell Transportation Company, Inc. (CTC), a fully integrated marine services company headquartered in Pennsylvania, announced Thursday that it has purchased the marine assets of Houston-based tank barge shipping company E Squared Marine Service, LLC.
Campbell Transportation, which owns and/or manages a growing number of dry and liquid cargo barges and operates 50 towboats on the inland waterways system, said the acquisition is a step forward in its plan to grow by diversifying and expanding its current business into new and growing markets.
This acquisition is a significant expansion of Campbell’s tank barge operations providing an operating and fleeting location in Houston.
According to the E Squared Marine website, the company’s fleet consists of six towboats, eight 10K barges and 16 30K barges.
Article Credit: www.marinelink.com