Trimac acquires bulk carrier for U.S.-Mexico shipments
CALGARY (July 7, 1999) – Trimac Transportation has acquired 80% ownership of Amer-Liquid Transport Inc. of Brownsville, Tex., a bulk trucker with cross-border services into Mexico.
Amer-Liquid currently operates 38 power units, 53 trailers, principally in bulk transportation, and a full-service terminal in Brownsville. The Brownsville terminal includes maintenance and internal tank cleaning bays, as well as a rail-transfer facility in the nearby Port of Brownsville. Amer-Liquid’s annual revenues for 1998 were approximately $5 million US, according to Trimac.
The remaining 20% of Amer-Liquid will be controlled by Guillermo Berriochoa Lopez, owner of Transportes Intermex S.A. de C.V. (“Intermex”), a Mexico-based tank truck carrier located in Cuautitlan Izcalli, Edo. De Mexico.
Trimac Transportation and Intermex have signed a five-year operating agreement that will allow Trimac to take advantage of increasing volume of bulk material movements among Canada, the Unted States, and Mexico, facilitated by the North American Free Trade Agreement and other trade initiatives.
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