LOGISTEC acquires LPD, expanding US inland waterways network

(Posted on 16/03/26)

LOGISTEC, has announced the acquisition of Travero’s Logistics Park Dubuque (“LPD”) a multi-purpose marine terminal located in East Dubuque, Illinois on the Upper Mississippi River. The terminal’s connectivity strengthens LOGISTEC’s inland waterways network reach, providing strategic routing options for agriculture, manufacturing, and energy supply chains across the U.S. Midwest and the Gulf Coast.

LOGISTEC is based in Montréal (QC) and provides specialized bulk, breakbulk and container cargo handling services, and logistics solutions, including trucking and warehousing, to marine and industrial companies across its North American network of 63 ports and 86 terminals. LOGISTEC also offers marine transportation services in the Arctic and marine agency services for ship owners and operators.

“With the addition of LPD to the LOGISTEC network, we are expanding our reach into America’s industrial and agricultural heartland and the US inland waterways,” said Sean Pierce, CEO of LOGISTEC. “This terminal strengthens our ability to serve customers in the Midwest with efficiency and access to emerging markets. LPD’s solid operational foundation and well-established customer base, combined with our expertise and scale, positions us to unlock new opportunities to drive long?term value.”

“LPD has a strong track record and a dedicated team, and we are proud of the role the facility has played in supporting our customers, regional supply chains and the broader community,” said Lisha Coffey, president of Travero. “As Travero continues to focus on its core businesses, this transaction aligns LPD with an owner whose expertise is operating and growing logistics terminals. LOGISTEC is well positioned to build on LPD’s momentum and support its long-term growth.”

LPD is a 100-acre, multimodal, multipurpose terminal specializing in handling, storing, and loading bulk and breakbulk commodities between barge, rail, and truck with direct rail access via CN rail and by barge to the Upper Mississippi River. LPD serves leading U.S. manufacturers in the agriculture, steel, manufacturing and energy sectors.

This announcement follows LOGISTEC’s recent acquisition agreement with IPA Terminal in Altamira, Mexico. Berenson & Company, LLC, acted as financial advisor to LOGISTEC, and King & Spalding served as the legal advisor. RJM & Company, LLC acted as the financial advisor to Travero, and Chapman & Cutler as the legal advisor.