Merger & Acquisition Insights

DUPRE LOGISTICS ACQUIRES INTERSTATE TRANSPORT

Posted on September 08, 2023 by Fusebox Marketing

Lafayette, LA and St. Petersburg, FL, May 19, 2023– Dupre Logistics announced it acquired Interstate Transport, a WBENC-certified, woman-owned freight brokerage based in St. Petersburg, FL with operations nationwide. Interstate’s diverse, award-winning team is led by a leadership team that has 70 years of combined industry experience.

Dupré Logistics, based out of Lafayette, LA, is a privately held, asset-based provider of transportation and logistics services, that include energy and chemical transport, dedicated truck transportation, site logistics and freight brokerage. They specialize in tanker, hazmat and petrochemical transportation and complex supply chain solutions in industrial and consumer products.

Located in St. Petersburg, FL, for over 20 years, Interstate Transport has been one of the largest transportation arrangement providers in the US with over 14,500 carriers under contract.
Interstate is one of the top 150 truckload brokerage firms, and one of the top 10 woman-owned brokerages. Interstate offers temperature-controlled, time-sensitive, dry, and flatbed brokerage
services to companies across industries, including food service, produce, horticulture, big box retailers and emergency management.

About Interstate Transport
Interstate Transport is not only a leading provider of third-party logistics and truck brokerage services, but also the industry leader in temperature-controlled and time-sensitive logistics. They
enjoy long-standing relationships with every client — many for more than 10 years. Interstate Transport prides itself in providing clients with access to the most experienced and dedicated team of professionals in the industry.

About Dupre
Dupré Logistics began more than 40 years ago when founder Reggie Dupré needed to find a reliable transporter for fuel delivery to his small service station in rural Louisiana. With only two
trucks, he set out to fill the marketplace void for reliable fuel distribution and soon began providing logistics trucking services for other independent retailers. Over the years, Dupré has
increased its reach throughout North America in fuel delivery, expanded its over-the-road capacity, and grown from a truckload fleet into 3PL logistics, traffic management, and dedicated
fleets.

Today, Dupré combines modern analytics with the tribal knowledge of a stable workforce to fight through prevailing headwinds and deliver as promised—no excuses. This empowers
Dupré’s customers to protect their brand, maintain revenue streams, and avoid uncomfortable board discussions about supply chain failures.

Tenney Group is a merger and acquisition advisory firm that has been dedicated to the transportation and logistics industry since 1973. Tenney Group primarily provides sale-side advisory services for companies with annual revenues ranging from 20M to 300M.

Tags: acquisition, mergers & acquisitions, Selling a Business

Category: Press Release