ESCO TRANSPORTATION PLANS DRAYAGE ACQUISITION BINGE
ESCO Transportation Co., a publicly traded intermodal drayage corporate, has introduced a five-year plan to obtain intermodal drayage and short-haul truckload corporations in key U.S. intermodal markets.
ESCO’s first acquisition used to be Minnesota-based Quantum Transportation Inc., which operates from Shawkopee, Minn., serving the Minneapolis market, in addition to a facility in Ripon, Calif., serving the Modesto and Stockton, Calif. markets.
“Nowadays’s drayage and short-haul markets are extraordinarily fragmented, with very deficient communications and control of kit in lots of corridors during the intermodal provide chain,” stated Robert J. Weaver, president and leader working officer of ESCO. His corporate’s function is to extend emphasis on data applied sciences, in conjunction with consolidation, to higher arrange drayage belongings.