Our recent coverage has been focused on the bulk transport side of the business in areas as Food Grade, Chemical and basic sand and gravel. We look nationally for sellers and have developed an extensive database of buyers. In certain instances we will negotiate the LOI for our own investment,
By all measures M&A activity in the transport industry appears to be very high. We are seeing numerous buyers at different levels from the Private Equity Funds, Large Strategic buyers and the small and large family owned transport companies. Bulk transport, whether its food grade, chemical or basic sand and gravel, is desirable.