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4-Traders Homepage  >  Equities  >  Nasdaq  >  CHS Inc    CHSCP

CHS INC (CHSCP)

Delayed Quote. Delayed  - 03/29 09:59:58 pm
30.16 USD   +0.13%
03/22 CHS : acquires Western Co-op Transport Association
03/15 CHS INC : ex-dividend day
03/09 CHS : strengthens working relationships in the community
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CHS : acquires Western Co-op Transport Association

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03/22/2017 | 03:29pm CEST

CHS Inc, a leading farmer-owned cooperative and a global energy, grains and foods company, announced it has purchased Western Co-op Transport Association headquartered in Montevideo MN.

"This acquisition strengthens our position in core markets and will allow us to expand our transportation and logistics services to create additional value for our owners and customers," said Patrick Hessini, CHS vice-president, transportation and distribution.

Western Co-op Transport Association specializes in bulk liquid transport of products such as petroleum, propane, ethanol, and liquid crop nutrients. Western serves markets in Minnesota, Iowa, Wisconsin, and the Dakotas. 

Dispatch and routing operations will move to the CHS dispatch office in Rosemount MN. The Montevideo facility will remain in operation as a CHS-owned fleet service center. CHS will begin serving customer accounts immediately.

CHS (www.chstransportation.com) is an industry-leading transportation and logistics service provider with one of the nation's largest truck fleets and operations throughout the U.S. and Canada.  

© 2017 Penton Media, source Trade Journals Open Web

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