Based in St. Petersburg, Florida, Interstate Transport offers temperature-controlled, time-sensitive, dry, and flatbed brokerage services to the food service, horticulture, big box retailers and emergency management industries.
Interstate Transport increases Dupré's density and service offering in Florida and expands its east coast operations and carrier network.
"It's always been Dupré's vision to be a diversified transportation and logistics company," stated Mike Weindel, Dupré Logistics' President. "We continue to pursue opportunities that will help us broaden our service portfolio and increase our company footprint across the United States. The combination of Interstate's expertise, healthy footprint in the food and beverage logistics space, and the strong cultural overlap between our two companies made this a winning combination."
The Interstate Transport name will be retained but the company going forward will be known as a Dupré Logistics Company. Interstate Transport President and CEO Gloria Hudson and Vice President Zach Aufmann will continue to serve in senior leadership roles.
Dupré Logistics, based in Lafayette, Louisiana, is a privately held transportation company that provides logistics solutions through three business divisions: Onsite and Private Fleet Services, Strategic Capacity Brokerage Services, and Energy Distribution Services.
"We are excited about this next phase in Interstate Transport's history," said Hudson. "The transition for our customers will be seamless and business as usual. This transaction will allow us to continue to drive value and opportunities for our customers and employees. We look forward to what the future brings."
The acquisition is at least the ninth made this year by a CCJ Top 250 fleet. Forward Air Corporation (No. 57) in January agreed to acquire full-service expedited LTL carrier Land Air Express for $56.5 million and R.E. Garrison Trucking (No. 124) completed the acquisition of certain assets of Boaty’s Transport. In March, Big G Express (No. 173) acquired RTR Transportation and Knight-Swift Transportation (No. 5) announced its acquisition of U.S. Xpress (No. 19). Trimac (No. 64) acquired American Industrial Partners Logistics. TFI International Inc. (No. 4) in May agreed to acquire Siemens Transportation Group (STG) and completed the acquisition of Hot Line Freight Systems. Transervice Logistics, also this week, acquired Lily Transportation.